Financial Management and Budgeting - 1 Day CPD Accredited Course

HB Publications and Training International

• 6 Budget Setting Techniques - download

Course Objectives

• improve your financial management competence
• understand financial accounts
• gain underpinning knowledge of financial management
• use financial information in the workplace.
• learn to prepare, monitor and manage budgets
• become more effective in your current or future job roles
• achieve value for money for your organisation
• develop essential skills in financial management for career progression

Course Content

• financial statements including the income and expenditure account
• financial terminology to enhance communication with finance teams
• budget setting techniques
• budget monitoring techniques including variance analysis
• budgetary control including commitment accounting, and projecting the outturn (forecasting)
• financial management - understanding and interpreting financial reports and management information.
• using financial information to make decisions and ensure objectives are achieved

Previous Course attendees have said:

“The course helped me to have a better understanding of budgeting principles and financial management. I also feel more confident to ask questions about management accounts, particularly as I have been equipped with improved skills to analyse and look beyond the figures in the reports. The course was delivered at a good pace and I liked the fact that we looked at the published accounts from my own company which really helped put the learning principles in to practice and therefore improved my understanding.” Head of Case Management, Solicitors Disciplinary Tribunal

“I enjoyed the course and it was very helpful. I have been able to bring back a number of recommendations from the course and improve our budget monitoring, helping to make our programme more transparent and offer greater value for money for the tax payer.” Compliance Executive, Skills Development Scotland

"The course was excellent and pitched at the right level to reflect my public sector role and experience. There was ample space for dialogue and discussion and it enabled me to develop clear actions to take forward. I would strongly recommend the course to any managers who want to understand how to take a more proactive approach to budget setting and management in senior public sector contexts." Transportation Services Group Manager, East Riding of Yorkshire Council

"I enjoyed the course on Friday and it has really motivated me to ask to be more involved with the budget setting so that I can further understand our own budget. The course was really informative" Senior Finance Officer, Hertswood Academy

This course will include:

• Illustrations/Case Studies/Practice Exercises
• Trainer-led PowerPoint presentations

Financial Management and Budgeting is suitable for:

• Public Sector Managers
• Anyone with financial responsibilities
• Any budget holder
• Financial administrators
• Finance support staff

Anyone working within the public sector, such as local government, education, health, environmental services, social services, and emergency services, etc. who wish to gain an understanding of financial management.

Anyone working in a non profit sector, including NGOs, Voluntary Organisations, Charities, and the Arts.

Financial Management and Budgeting requires no prior knowledge.

It is designed to be suitable for all levels of financial competency - beginner to experienced.

Financial Management and Budgeting, allows progression to management roles within the public and non profit sectors, including to Director and Chief Officer levels. All these roles require underpinning knowledge of finance.

Undertaking Continuing Professional Development which is a requirement for many professional bodies.