Practical Budgeting

Quorum Training

Course

In City of London

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£ 465 + VAT

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Description

  • Type

    Workshop

  • Location

    City of london

  • Class hours

    6h

  • Duration

    1 Day

Ideal for those new to budget responsibility

The course develops an understanding as to why and how budgets are prepared and the importance of monitoring performance against budget. It takes a practical approach to preparing and monitoring budgets.

Facilities

Location

Start date

City of London (London)
See map
138-142 Holborn, EC1N 2NQ

Start date

On request

About this course

Anyone new to budgeting and budget responsibility.

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Reviews

Subjects

  • Monitoring
  • Budgeting
  • Cash Flow
  • Capital Budgeting
  • Family Budgeting
  • Household Budgeting
  • Finance
  • Revenue Tax return
  • Budgetary control
  • Budgetary management

Teachers and trainers (1)

Sue Turner

Sue Turner

Teacher

Sue Turner qualified as a chartered accountant with a ‘Big 5’ firm. Since specialising in management development, Sue has designed and delivered successful interactive learning programmes for clients including Ernst & Young, Safeway and Alliance & Leicester. Her special area of interest within management development is maximising the transfer of learning to the workplace. Sue is a Consultant with Finance into Focus.

Course programme

  • A review of the benefits and common problems of the budget itself, resulting in a session on how to overcome the issues
  • Different budgeting approaches from top down to bottom up and the possible problems different corporate cultures can lead to in developing budgets
  • Budgeting games stakeholders play in setting budgets
  • The budget process including the preparation of the budget pack, monitoring the budget and addressing performance issues
  • Different types of budget (revenue, expense, cash flow, capital budgets), what drives each budget and how they link together
  • An understanding of costs and how they impact the budget (fixed costs, variable costs, capex and opex)
  • The importance of phasing costs in preparing a budget
  • Being able to justify your budget
  • Managing and monitoring the budget including variance analysis, the resulting issues and solutions

See related categories

Practical Budgeting

£ 465 + VAT

The best Other Accounting courses

See all

See all