Managing Budgets- Virtual Training
Short course
Online
Description
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Type
Short course
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Level
Intermediate
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Methodology
Online
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Duration
Flexible
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Start date
Different dates available
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Online campus
Yes
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Delivery of study materials
Yes
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Support service
Yes
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Virtual classes
Yes
This managing budgets course suits anybody that has a need to understand the basic premise of budgeting. Too frequently in business we ignore the value of our staff being aware of budgeting and its impact on a business.
Facilities
Location
Start date
Start date
About this course
Managing Budgets- Virtual Training - Benefits
Greater understanding of budgeting principles
An understanding of forecasting techniques
An understanding of basic product costing
Reviews
This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 13 years
Subjects
- Budgeting
- Managing Budgets
- Budgets
- Managing
- Glossary of Terms
- Aims of Budgeting
- Business Strategy
- Product Costing
- Costing
- Product
- Productivity
Course programme
09:30 - 10:00 Coffee & Course Objectives
10:00 - 10:30 Glossary of Terms (A look at the jargon that surrounds finance and what it means in real terms)
10:30 - 11:15 The 6 Main Aims of Budgeting (Why is it important for a business to plan, implement and control budgets? Looking at Business Strategy)
11:15 -11:30 Coffee Break
11:30 - 12:15 Product Costing (Looking at examples of Product Costing and how to establish the ideal Selling Price)
12:15 - 13:00 Overhead Allocation (including an understanding of the decision to \'make\' or \'buy\')
13:00 - 14:00 Lunch
14:00 - 14:30 How we forecast Income and Expenditure and what can impact on the plan
14:30 - 15:00 Forecasting Techniques (A brief look into the types of techniques available and what might influence management decisions)
15:00 - 15:15 Ratio Analysis (A look at what financial information may be available at a glance)
15:15 - 16:30 Management Accounting Package (An introduction to the Profit and Loss accounts, Balance Sheet and Cash Flow Financial Reports. This is the way in which we discover whether what was expected has actually occurred)
16:30 Summary & Action Plans Agreed
Managing Budgets- Virtual Training