Overview of course
Across all businesses, many senior job roles now require an understanding of costs, estimates and/or budgets. Despite this, it is not uncommon for individuals in these roles to have had no official financial training or accounting experience before taking on these responsibilities.
Whether you are already in a role that requires knowledge of costs, estimates and budgets, or are looking to progress into a role of this nature, this course will provide you with an introduction to budgeting and the essential knowledge that is required. The course will equip learners with an understanding of how to prepare operational budgets, produce cash flow forecasts and use budgets as a control mechanism.
This qualification is aimed at anyone working in, or looking to work in, a role that involves dealing with costs, estimates and budgets. The course is ideal for anyone who has no previous financial training or accounting experience but requires this for their role or career, and for anyone who wants to increase their accountancy knowledge for personal reasons.
This course comprises of online learning materials with online assessment and can be accessed at any time convenient to the delegate.
Entry requirements
None
Further course detail
Section 1: An introduction to budgeting
This section covers the following:
- What a budget is
- The benefits of budgeting
- Approaches to budget setting.
Section 2: Preparing operational budgets
This section covers the following:
- The types of budget that can be prepared and their uses
- The benefits of budgeting
- How to prepare operational budgets.
Section 3: Cash flow forecasting
This section covers the following:
- The importance of cash flow forecasting
- How to prepare cash flow forecasts
- The role of the capital expenditure budget.
Section 4: Budgets as a control mechanism
This section covers the following:
- How divisional performance can be evaluated using budgets
- What a variance is
- Possible causes of variances.
Will I have to provide anything?
Delegates will need access to a PC or Laptop as all training and assessment is online.
I'm interested. What should I do now?
For further details or to book please contact us on 01284 716246, email This email address is being protected from spambots. You need JavaScript enabled to view it. or complete the appropriate booking form below:
Full Cost Enrolment for Employers
Days & times
Please contact us for dates and further information