Introduction To Managing Budgets

  • Get an understanding of the strategic methods of financial performance.
  • Learn how to manage a budget in an organisation in just 1-day training.
  • Gain knowledge of how to analyse trends in financial flows.

Key Points About Introduction To Managing Budgets

237 Learners Recommended

Duration: 1 Day*

Book Now

Introduction To Managing Budgets

Course Overview

Our 1-day Introduction to Managing Budget training will equip delegates with the knowledge of how to deal with business finances, budget and financial report. In this course, delegates will learn how to use different methods to measure business performance. Delegates will get an understanding of budgets and financial information to manage budgets. This course will help delegates to achieve organisational goals more efficiently. By attending this course, delegates will have the opportunity to determine their skills in budgeting.

This Introduction to Managing Budget course will be taught by our industry-experienced instructor with an experience of several years.

Course Outline

What is the Purpose of a Budget?

  • Budgeting
  • Budget Preparation
  • What is the Purpose?
  • Advantages of Budgeting
  • Limitations of Budgeting

Key Terminology

  • Key Components
  • Budget Manual, Period, Committee
  • Financial Terminology
  • Profit and Loss
  • Balance Sheets

Understanding Cost

  • Cost Concepts, Classification, Behaviour
  • Cost Behaviour Patterns
  • Determining the Fixed and Variable Elements of Semi-Variable Costs
  • Cost Variance

Methods of Measuring Financial Performance

  • Basics of KPIs
  • Metrics, Measures, and Targets
  • Ratio Analysis
  • Analysing Trends in Financial Flows
  • Break-Even Analysis and Contribution
  • Break-Even Point
  • The Contribution/Sales (C/S) Ratio
  • The Margin of Safety
  • Break-Even Charts
  • The Profit/Volume (P/V) Graph

Budgeting Techniques

Overall Management of the Budget

  • How to Build a Budget?
  • Budget Control Cycle
  • Incremental Budgeting
  • Zero Budgeting
  • Zero-Based Budgeting
  • Framework for Budgeting
  • Budget Manual
  • Budget Preparation
  • Flexible Budgeting
  • Budget Review

There are no formal prerequisites for taking Introduction to Managing Budget course.

This Introduction to Managing Budgets course is designed for individuals who are responsible for:

  • Financial Management
  • Accounting
  • Budgeting and Forecasting

The Introduction To Managing Budgets Cost in United Kingdom Starts from £1094.00

Please see our Personal Development Training courses available in United Kingdom

telephone

Get More Information

Still have questions? We’re happy to help.

calendar

Dates & Prices

Choose a Location

Choose a Month

Learn from the comfort of your home or office

Join discussions via computer or mobile device

Interact with subject matter experts

40 Hours (on average)

90 Days Access

Certificate upon completion

Schedule and location of your choice

Save on travel costs

Monitor employee development

Key points about this course

237 Learners Recommended

Duration: 1 Day*

Fri 20 Dec 2024

flag Maidstone

Best Selling Course in United Kingdom

GBP 3294.00

Fri 27 Dec 2024

flag Leeds

Best Selling Course in United Kingdom

GBP 3294.00

Next Month

Fri 22 Nov 2024

Only 4 Seats left icon

GBP 1094.00

Selling Fast !

Add additional features

6 Months Access - £ 77.00

1 Year Access - £ 154.00

Personal career coach and career services

Your online (Introduction To Managing Budgets) package

Upon purchase you will receive a password via the email you used to purchase the course.

You will then be able to login to our online learning platform with your email and password.

You will have access to the platform for 90 days to complete your course.

Course Onsite Enquiry

Introduction To Managing Budgets

Complete the steps below to receive a quote or more information

Your details

How many employees need training test?

When would you like to take the course test?

How many employees need training?

Prev

Discover how we are doing

Our goal is to always provide training of the highest quality for your organisation.

We aim for customer satisfaction across all areas, including price, quality, and learning support. We always use the feedback from clients to continually improve and ensure we surpass expectation. Have a look at our customer reviews that showcase the standard we offer.

97% price

Response Rate

99% price

Positive Rating

Steps For Success

Leading Path To Success

works