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Accounting : Managing and Monitoring Budgets

Accounting : Managing and Monitoring Budgets | 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

17 students purchased this course

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Overview

Budgets Management and Monitoring

For any business, managing budget is a continuing process that needs a constant monitoring, reporting and controlling which is the core responsibility of a budget manager.

The careful monitoring and managing budget benefit an organization in many ways. It facilitates an organization to stay focused on its plan and strategy keeping in the knowledge that where it requires spending its resources along with the advantage to successfully achieve the business goal and objectives with effective budgeting system.

It will reduce the stress level and assist a business to recognize uneconomical expenditures. When the changes occur in financial conditions, it helps in managing financial activities and a business can easily accomplish its financial goal.

This unit aims to provide a comprehensive introduction to the widely studied filed of monitoring and managing budgets along with its value and purpose for the development of a business. The content focuses on various key topics named as ratio analysis, net and gross profit margin including a look at return on investment. On the completion of this unit, the learner will be equipped to do a successful comparison among the investment opportunities.

Discover what is meant by ISO 9001:2008 and learn how to get your budget approved.

CPD

10 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Objectives

After the completion of this course learners will be able to:

  • Get your budget approved
  • Perform basic ratio analysis

Program Content

Lesson(s)

Introduction to Monitoring and Managing Budgets

Topics

  • Understanding Ratio Analysis
  • Net and Gross Profit Margin
  • Return on Investment
  • Getting Your Budget Approved
  • Comparing Investment Opportunities
  • Understanding ISO 9001:2008

Course Benefits

  • Full Tutor Support
  • Self paced, no fixed schedules
  • Available to students anywhere in the world
  • 24/7 Access to the LMS ( Learning Management System )
  • Easy to understand quality e-learning study materials

Course Material

All course materials are included in the course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.

Our distance learning course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:

  • Online course materials
  • Question papers
  • Additional Supporting Material
  • Useful Links

Course assessment

You will be continually assessed throughout the course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.

Tutor Support

When you enrol on a course with CPD Courses you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress

Who is this course for?

• Business owners, managers, entrepreneurs,
• People seeking to expand their career opportunities
• Existing employees looking to develop their CPD
• Office workers at all levels
• Team Leaders and supervisors
• Entrepreneurs planning to start their own business

Requirements

This is a standalone course and assumes no prior knowledge.

Questions and answers

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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.