Training Courses
 Finance
Managing Budgets
One of the ways in which organisations attempt to achieve their strategic objectives is by preparing budgets, then monitoring actual performance against them. A budget can be described as a plan set out in monetary terms, prepared and approved prior to a defined period of time, and usually showing either or both the planned income to be generated and the expenditure to be incurred during that time period.
This course explores how you prepare, create and monitor a budget.
Who is this course suitable for?
Anyone who has to manage a budget.
Programme Topic Areas
What is a budget?
Budget preparation
Zero-based budgeting (ZBB)
Calculation and analysis of variances
Flexible budgets
Presentation of budgets
Using spreadsheets
Business plans and the role of budgeting
The mechanics of budget preparation including ZBB
Budgetary responsibility within organisations
How budgets are used by organisations throughout their life cycle
Variance analysis: calculation, interpretation and corrective action
How to prepare and use flexible budgets
Budget presentation
Summary & action plans agreed
Interested in this course?
Click on the link button below to submit an enquiry.
