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Budgeting for Managers

Ipso Facto Training Solutions Ltd.

Training

In Fareham ()

£ 325 + VAT

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Description

  • Type

    Training

  • Duration

    1 Day

To provide an introduction to different approaches, the process, preparation and management of departmental or project budgets as a business tool. Suitable for: Aimed at Non Financial Managers: Business managers, project managers, departmental heads and new budget holders and all those whose work requires a sound understanding and working knowledge of budgeting. It will also benefit someone wanting to improve their confidence with financial terminology and reporting performance.

About this course

Budgeting is a tool for financial planning which if used well will assist business managers to plan, control and make decisions about their business activities more effectively. This workshop is for those responsible for preparing or having input into the budgeting process within an organisation.

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Teachers and trainers (1)

Wendy Evans

Wendy Evans

Finance Trainer

Course programme

Course Objectives

By the end of the course you will be able to:

  • Understand basic financial terminology and concepts
  • Prepare simple sales, purchasing, production, labour and expenditure budgets
  • Prepare a cash budget
  • Calculate variances
  • Use variance analysis to monitor and control


    Content

    Introduction to accounting terminology and concepts

    The scope and content of a budget

    Approaches to budgeting

    Limiting factors and constraints

    Budget preparation

    Variance analysis

    Implementing, monitoring and control


    Style

    The workshop is highly participative and blends practical exercises with presentations and discussions.

See related categories

Budgeting for Managers

£ 325 + VAT

The best Financial Planning courses

See all

See all