Effective and Successful Budgeting

Finance

Aims of the course

This course helps people new to, or wanting to polish up their budget management skills and know-how. It equips participants with an understanding of all the elements involved in budgeting from processes to terminology.

 

Who will benefit from attending?

This course provides a valuable introduction to anyone required to work with budgets within their role. 

 

Reference Nr.:
FNEB
Experience Level:
Standard
Group:
Main Group

 

Participants will learn to:

  • Correctly apply different budgeting methods
  • Understand key terminology around budgets and finance
  • Understand risk and contingencies and how to plan for these
  • Develop and implement successful budgeting processes

 

Key topics covered:

  • Budgeting - basic principles and concepts
  • Management accounting principles used within budgeting processes 
  • Preparation needed for budgeting
  • The budget process
  • Common budgeting issues & challenges
  • Budgeting reports
  • Variance analysis and solutions
  • Presenting the Departmental Budget
  • Action planning

 

What is included?

The majority of our courses are customised and delivered in house.  Our standard fee for customised course delivery over the duration of a day is £950.00, which includes diagnostics, course customisation to ensure the course meets the specific needs of your organisation, materials and delivery to groups of up to 15 people.  This equates to a training investment of £65.00 per head. Certificates are issued upon completion of the training for all participants.