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Budgeting for the Public and Non Profit Sectors

A comprehensive online course delivered by experts


HB Publications and Training International

Summary

Price
£95 inc VAT
Or £31.67/mo. for 3 months... Read more
Study method
Online, self-paced
Duration
3 hours
Access to content
1 year
Qualification
No formal qualification
CPD
4 CPD hours / points
Additional info
  • Certificate of completion available and is included in the price

3 students purchased this course

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Overview

Budgeting for Public and Non-Profit Sectors is a comprehensive online course delivered by experts, and will provide an excellent opportunity to develop and improve skills and knowledge in this area. It is particularly relevant for those working in public sector organisations such as government, local government, health, housing and education. It is also ideal for non profit organisations such as charities.

On completion of this course, participants can obtain Continuing Professional Development (CPD) hours/points along with a CPD certificate.

We will explain terminology, and set out best practice processes and procedures, and provide ideas to manage more difficult budgets which can be shared with clients.

The course will explain the importance of variance analysis in monitoring budgets and how to make the variances meaningful as a management tool. Other basic techniques such as commitment accounting, projecting outturns and budget drivers will also be covered.

CPD

4 CPD hours / points
Accredited by The CPD Certification Service

Description

This course will assist budget holders to monitor and control their budgets. It will focus on the importance of delivering objectives with the funds allocated, and achieving value for money. This is particularly important in organisations that face financial constraints where savings need to be made year on year, or where demand for services often outstrips the resources available.

This is a comprehensive course delivered by experts, and will provide an excellent opportunity to develop and improve skills and knowledge in this area. On completion of this course, participants can obtain Continuing Professional Development (CPD) hours/points along with a CPD certificate.

We will provide budget holders with tools and techniques to cope with the demands of budget management, particularly when they have a non-finance background. We will explain terminology, and set out best practice processes and procedures, and provide ideas to manage more difficult budgets.

The course will explain the importance of variance analysis in monitoring budgets and how to make the variances meaningful as a management tool. Other basic techniques such as commitment accounting, projecting outturns and budget drivers will also be covered.

In order to effectively manage budgets, budget holders will need accurate and complete financial management information, and we give examples of the types of report that are most helpful.

Who is this course for?

This course is for anyone working or seeking employment in the public sector, government sector or non profit sector (such as charities and NGOs). This includes services in areas such as health; education; law enforcement; fire; the environment; culture and the arts; and so on

Requirements

None

Career path

Careers in any public sector environment where there are financial responsibilities.

Those wishing to advance and progress their career to management

Those aspiring to achieve career progression to senior roles

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk 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.

What are CPD hours/points?

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.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

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.

What is an ‘endorsed’ course?

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 ABC Awards and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

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