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Budget Management Training Course

£299.00

SKU: 45 Category:
Description

Budget Course Schedule

The course runs from 10:30 to 16:30 for one day.

Course Format

The course has been designed by a Chartered Accountant and Financial Analysts.

It is delivered by Chartered Accountants in a workshop environment that is interactive and encourages learning through practical exercises.

Budget Management Training Course Souters

Budgeting Course Content

  • Define a budget
  • Cost budgets
  • Financial Terminologies
  • Define each element: Income vs expenditure, capital expenditure, cash flow forecasts etc.
  • Developing budgets for profit and loss, balance sheet and cash flow
  • The principles of budgets
  • What are the benefits of a good budget practice
  • Different types of budgets and varying styles
  • Practical exercise defining and preparing profit and loss, balance sheet and cash flow
  • Coordinating and bringing your budget together
  • Planning and preparation of your budget
  • Accounting adjustments to be aware of; stock, accruals, prepayments etc.
  • Ascertain expenditure and variances
  • Explaining variances
  • How to forecast cash-flow
  • Cash flow and working capital cycles
  • Profit margin ratios
  • How to forecast financing cost
  • Justifying your business reason for the budget

Who is this course suitable for?

This course is ideal for someone whose job involves managing a budget.

It does not assume a background in Finance, so people from outside of Finance and people who work in Finance can both find this course beneficial.

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