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Budgeting and Cost Management

Global Management Academy Ltd

Summary

Price
£139 inc VAT
Or £46.33/mo. for 3 months...
Study method
Online
Duration
20 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

Overview

This comprehensive online course is designed for managers, team leaders and any staff tasked with developing budgets. The course provides guidance, practical assignments, and numerous tools to help you develop budgets for most types of organization.

This very practical course begins with a look at the key principles of costs and costs management. We then go on to review the range of different types of budgets, which together make up the master budget framework for an organization. You will learn what to include in the different types of budgets, and about budgeting best practice, and alternative budget approaches you may encounter.

The course provides guidance, practical assignments, and numerous tools to help you develop budgets for most types of organization. On completion of this course, you will be able to discuss budgeting and cost management issues with confidence, and to develop a budget for your own business, or for your business unit.

Description

The content of the course includes:

  • Understanding Costs
  • Understanding Costs Management
  • Understanding Standard Costs
  • Understanding Budgets
  • The Budgeting Architecture
  • Developing the Sales Budget
  • Developing the Labor Budget
  • Developing the Production Budget
  • Developing the Materials Budget
  • Developing the Overhead Budget
  • Developing the Selling and General Admin Budget
  • Finalizing the Budget
  • Monitoring the Budget
  • Best Practices in Budgeting

Learning with Global

Online courses at Global Management Academy are IPad, Android and Mobile Phone Compatible, and comprise:

  • Online presentations
  • Online quizzes
  • Online videos
  • Downloadable learning manual / templates / workbooks / articles (manuals are between 60 and 100 pages)
  • Continuous Tutor support throughout the course

You will have access to your course for 90 days from the date of purchase

Who is this course for?

All non-finance staff involved in developing budgets

Questions and answers

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Certificates

Certificate of completion

Digital certificate - Included

Reviews

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

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.
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