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Budgets and Financial Reports Training - Level 2 - Online Course - CPD Accredited

CPDUK Accredited | Instant Course Access | Includes Assessment & Certificate | Instant Certificate Download


LearnPac Systems

Summary

Price
£19.99 inc VAT
Study method
Online
Duration
4 hours · Self-paced
Access to content
365 days
Qualification
No formal qualification
CPD
4 CPD hours / points
Certificates
  • Certificate of completion - Free
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

2 students purchased this course

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Overview

Budgets and Financial Reports Training - Level 2 - Online Course - CPD Accredited.

Welcome to our online Budgets and Financial Reports training course. All our online training courses, programmes and qualifications are accredited by the CPD Certification Service (CPDUK).

Money matters can be intimidating for even the smartest people. However, having a solid understanding of basic financial terms and methods is crucial to your career. When words like ROI, EBIT, GAAP, and extrapolation join the conversation, you will want to know what people are talking about, and you will want to be able to participate in the discussion.

The Budgets and Financial Reports course will give you a solid foundation in finance. We will cover topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.

Certificate duration: 2 years

Entry requirements: No entry restrictions

Recommended prerequisites: N/A

Assessment type: End of course assessment

Assessment pass mark – 80% needed to pass and gain a CPD certificate

Cost(s) of assessment and certification – All costs included in the course price

Awarding/Accrediting body – CPD Certification Service (CPDUK)

Budgets and Financial Reports Training - Level 2 - Online Course - CPD Accredited.

CPD

4 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

Course aims

This online Budgets and Financial Reports training course will give you a solid foundation in finance. We will cover topics like; commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.

Learning outcomes

The learning outcomes of this online Budgets and Financial Reports training course are to:

  • Identify financial terminology
  • Understand financial statements
  • Identify how to analyse financial statements
  • Understand budgets
  • How to make budgeting easy
  • Understand advanced forecasting techniques
  • Understand how to manage the budget
  • Identify How to make smart purchasing decisions
  • Identify the legal aspects of finances.

What are budgets and financial reports?

“A budget is a financial plan for a defined period of time, usually a year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.”

“A financial statement is a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand.”

Why is this online Budgets and Financial Reports training course essential?

Small business owners often develop and use various management tools for running their companies. Business management tools may relate to the analysis of financial information from the company and performance tools for managing company processes.

Budgets are standard financial tools used to manage a company’s finances; performance reports often relate to an assessment of specific functions in small business environments.

What is covered in this course?

This online Budgets and Financial Reports training course includes the following:

  • Module One: Getting Started
  • Module Two: Glossary
  • Module Three: Understanding the Financial Statement
  • Module Four: Analyzing Financial Statements, Part One
  • Module Five: Analyzing Financial Statements, Part Two
  • Module Six: Understanding Budgets
  • Module Seven: Budgeting Made Easy
  • Module Eight: Advanced Forecasting Techniques
  • Module Nine: Managing The Budget
  • Module Ten: Making Smart Purchasing Decisions
  • Module Eleven: A Glimpse Into The Legal World
  • Module Twelve: Wrapping Up.

Budgets and Financial Reports Training - Level 2 - Online Course - CPD Accredited.

Who is this course for?

This online Budgets and Financial Reports training course is suitable for those who want to know more about how to budget and develop financial reports.

Budgets and Financial Reports Training - Level 2 - Online Course - CPD Accredited.

Requirements

Learn anywhere, anytime on any device.

You will need access to a desktop computer, laptop, tablet or smartphone device to complete these online courses. You can start, pause/stop and return to where you left off.

Our courses utilise responsive design features, making them available on any device of your choice.

Budgets and Financial Reports Training - Level 2 - Online Course - CPD Accredited.

Career path

Our online courses and programmes range from introductory modules at Level 1 (awareness/beginner) to advanced and expert modules up to Level 6.

Our e-learning modules count towards CPD hours for professionals in various sectors as well as meeting mandatory and statutory requirements (where relevant).

Budgets and Financial Reports Training - Level 2 - Online Course - CPD Accredited.

Questions and answers

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Certificates

Certificate of completion

Digital certificate - Included

Reviews

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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.