Capital Budgeting certification course
Budgeting
EduOlc Team
Summary
- Reed courses certificate of completion - Free
Overview
This module will teach you how to budget and forecast. This course is intended to familiarize people with the process of budgeting and forecasting as well as to train them for it. Budgeting is vital in all companies, so this can help them succeed in their careers.
Curriculum
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Introduction 02:05
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Budgeting Environment 07:32
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Master Budget 12:49
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Costing Concepts 13:17
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Cost Structure 31:25
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Costing Behavior 10:26
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Fixed Variable Cost 14:46
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Cost Volume Profit 07:34
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Case Structure 11:55
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Forecasting 10:47
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Cash and amortized view 40:55
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Cost Structure of Company 05:44
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Cost Objects 06:48
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Theory Aspect of Costing 04:30
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Total Expenses 07:54
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Projected Expense Growth 03:55
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Classification of Costs 05:56
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Balance Sheet Statement 06:39
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Growth of Liabilities 05:23
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Direct and Indirect Cost 04:31
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Monitoring 20:15
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Project Based Budget 08:27
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Production Schedule 05:21
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Costing Schedule 07:06
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Actual & Estimate Cost 10:22
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Fixed Variable Cost 04:54
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Cost Volume Profit Model 07:34
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Budgeting in Dynamic Market 11:48
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Behavioral 14:45
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Summary of Case Study 06:09
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Conclusion 05:46
Course media
Description
his course will cover the basics of capital budgeting, such as how to determine Net Present Values and which methodology should be used in project evaluations, as each strategy has its own set of advantages and disadvantages. Any business must manage its finances and keep track of its earnings. To put it another way, before starting a project, its financial feasibility should be measured. This course will help you in this endeavor. If budgeting is done properly, it has a range of benefits. Understanding and contributing to the budgeting process will make you a more valuable employee or company owner. Budgeting encourages collaboration, communication, and quality growth. This course will explain capital budgeting fundamentals, including how to measure Net Present Values as well as which approach should be used in project assessments, as each method has its own set of drawbacks and benefits.
Skills You Will Master:
- Concept of Budgeting & Forecasting – In this section we will see the process of assessing and setting out an organization’s short- and long-term financial targets is generally broken down into three steps: planning, budgeting, and forecasting.
- Budget & Financial Statements – In this section we will learn how the primary aim of financial statements is to present existing, accurate, and reliable data. They base their details on real data rather than what the organization wishes it to be.
- Overhead Allocation – In this section we will see the apportionment of indirect costs to manufactured goods which is known as overhead allocation. All costs borne by a plant other than direct costs are referred to as manufacturing overhead. You’ll also discover how to assign production overhead costs to any inventory products known as work-in-process or finished goods.
- Classification of Cost – In this section we will learn the division of a category of expenditures into various groups which is known as cost classification.
- Budget Monitoring & Control – In this topic we will learn the process of monitoring income and expenditure and taking correct action.
- Allocating Indirect Cost – In this section we will see indirect costs are expenditures that are shared across many systems and are not specifically related to the running of a single program.
Who is this course for?
- Finance students, managers, accountants or anyone who wants to upgrade their skill in the area of accounting.
- Learn this course if you want to understand the principles and concept of costing.
Requirements
- No prior accounting knowledge is necessary to learn this course.
- Basic fundamentals of Mathematics will help.
Questions and answers
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Certificates
Reed courses certificate of completion
Digital certificate - Included
Will be downloadable when all lectures have been completed
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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.