Budgeting

Why Choose this Training Course?
This online training course will assist individuals at every level in the organization in their involvement in the budget process. Through the analysis of interactive case studies’, it provides the practical transferable skills for delegates to take back to their workplace, along with insights needed to adapt principles to specific work environments. The key to maintaining and improving profitability is to increase revenue and control costs. Increasing revenue is difficult enough when faced with competition and volatile market prices but when faced with the unprecedented challenges as a result of the global pandemic the focus on budgeting and cost control becomes more vital for the success of any organization. This highly interactive online training course will provide delegates with the practical tools and techniques to enable them to prepare, manage and control budgets to reduce costs improve performance and drive efficiency and profitability.


This training course will feature:

Strategic planning
The budgeting planning process
Forecasting techniques
What if analysis and report generation
Capital budgeting

What are the Goals?
By the end of this training course, participants will be able to:

Develop the appropriate techniques for effective budgeting as part of the planning process
Forecast sales, revenue and costs using qualitative and quantitative techniques in Excel
Explain and use activity based budgeting and other budgeting methods
Develop and effectively control budgets
Provide budgeting knowledge that can be shared for the benefit of your company

Who is this Training Course for?
This training course is designed for anyone involved in the budget process within their organisation. The training course is appropriate for those who wish to learn the concepts, processes, and techniques of budgeting in order to be better able to carry out their budgeting tasks and responsibilities. The training course is equally appropriate for those who already have some budget experience and wish to refresh or enhance their budgeting knowledge and skills. It will greatly benefit:

Finance & Accounting professionals
Departmental Managers
Team Leaders
Those preparing budgets
Those working within a budget

How will this Training Course be Presented?
This training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This will include presentations delivered in a highly participative style with discussion, practical exercises and team-based case studies. This online training course will provide a real-world practical context by incorporating worked examples, case studies, and finance models so that you will see how theory applies in practice and discuss the various issues raised.