Skip to content

Accounting : Budget Planning

Accounting : Budget Planning | CPD Accredited | 10 CPD Points/Credits


CPD Courses

Summary

Price
£12 inc VAT
Study method
Online
Duration
10 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

20 students purchased this course

Add to basket or enquire

Overview

Accounting Budget Planning for Business

In Accounts, Budgeting is a process of organising a complete statement of financial results that are expected for a specific time period in the future. It predicts the future financial situation and plans.

This unit seeks to deliver guidance on basic aspects of financial planning, the role of budgeting, budgetary control and the installation of a budgetary control system. It also describes the various types of budgets, the organisation of budgeting and budget procedures.

Accounting Budget Planning for Business

On completion of this unit learners will be equipped to identify fixed and flexible budgets, classification of budgets, the process of zero-based budgeting, and advantages of zero-based budgeting.

CPD

10 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Accounting Budget Planning for Business

Objectives

After completing this course learners will be able to:

  • Understand the basic aspects of financial planning and the role of budgeting
  • Explain various types of budgets

Program Contents

Lesson(s)

Introduction to Budgeting

Topics

  • Financial Planning
  • What is a Budget?
  • Budgetary Control and installation of a Budgetary Control System
  • Organisation for Budgeting
  • Budget Procedures
  • Choice between Fixed and Flexible Budgets
  • Classification of Budgets
  • Process of Zero-Based Budgeting and advantages of Zero-Based Budgeting

Who is this course for?

Accounting Budget Planning for Business

Target Audience

  • New or recent recruits to banking and financial organisations
  • Operations and support staff
  • Finance and accounting staff
  • Dealers and Traders

Requirements

Accounting Budget Planning for Business

No prior knowledge is required to take this unit.

*Note: This is an independent unit not a complete course so does not equalize to a course. This will give you 10 CPD points to add on your CV. At the end of the unit, you can claim CPD Accredited unit by paying £35 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.