The Complete Course on Budgeting

Introduction

Successful budgeting has never been more important. This highly interactive training course offers the answers to all your budgeting needs, detailing how to forecast income and costs; prepare budgets; manage and control budgets, as well as how to use budgets to make effective decisions which will aid company profitability and sustainability. Delegates will be able to manage both Operational and Capital Budgets effectively and gain a clear understanding of how budgets and forecast aid strategic planning and development. This training course will assist individuals at every level in the organization, developing both knowledge and skills, as a result it will be of significant benefit to both the organization and the delegate.

Objectives

By the end of the course, participants will be able to:

• Develop Forecasting Skills
• Prepare Operational & Capital Budgets Effectively using the Latest Techniques
• Manage and Control Budgets in an Effective and Flexible Manner
• Make Budgeting Decisions
• Evaluate Capital Investment Opportunities Highlighting and Managing the Major Risks

Target Audience

The training course is designed for a wide range of professionals involved in the budget process, including, but not limited to:

• Professionals Who Work with Budgets
• Finance Professionals
• Accountants
• Departmental Managers
• Team Leaders

Budgeting & Accounting Outline

The course will cover the following topics:

• The Strategic and Budget Planning Process
• Forecasting Techniques
• An Evaluation of the Various Types of Budgets
• Budget Preparation
• Budgetary Control Including Variance Analysis
• Cost, Volume Profit Analysis
• Break Even Analysis
• Sensitivity and What If Analysis and Report Generation
• Capital Budgeting
• The Links Between Planning, Forecasting Budgeting and Accounting