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Financial Management and Budgeting Corporate Package- CPD Accredited

CPD Corporate Package for 5 participants |Free online assessment |Free online course |Tutor led workshop


HB Publications and Training International

Summary

Price
£1,500 inc VAT
Or £125.00/mo. for 12 months...
Study method
Online + live classes
Duration
7 hours · Part-time
Qualification
No formal qualification
CPD
12 CPD hours / points
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

2 students enquired about/purchased this course

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Overview

Financial Management and Budgeting - For the Public and Non Profit Sector

Help achieve budget objectives and deliver value for money services with this great Financial Management and Budgeting package!

The Financial Management and Budgeting training package offers 5 participants the opportunity to become skillful, pro-active and confident in all areas of financial management and budgeting.

The Financial Management and Budgeting package includes:

  • access to our excellent online course providing flexible learning
  • access to an online assessment to track progress
  • a virtual half day workshop on MS Teams
  • 12 CPD points for each participant with certificate

Financial Management and Budgeting, is delivered by expert experienced Chartered Accountants:

We have worked with hundreds of organisations and trained many thousands of managers and staff in the public and non profit sectors.

Our clients include local and police authorities, health and housing organisations, schools and academies, and many more.

Financial Management and Budgeting for the Public and Non Profit Sectors, is an ideal investment for organisations aiming to achieve budget targets and deliver value for money services.

CPD

12 CPD hours / points
Accredited by The CPD Certification Service

Course media

Description

Financial Management and Budgeting

Financial Management and Budgeting 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 for career progression

Financial Management and Budgeting Course Content

Financial Overview

  • Keeping Financial Records
  • Financial Transactions
  • Accuracy and Completeness
  • Financial Terminology

Budget Setting

  • Definition of a Budget
  • Budget Setting Process
  • Budget Setting Techniques
  • Budget setting assumptions
  • Demand led budgets
  • Profiling Budgets
  • Forecasting Income
  • Key to Successful Budgeting

Financial Management

  • Principles of Budget Monitoring
  • Steps in the Monitoring Process
  • Establishing Actual Income and Expenditure
  • Commitment Accounting
  • Variance Analysis
  • Calculating Variances
  • Reasons for Variances
  • What to do about Variances
  • Projecting Outturns
  • Monthly Monitoring Routines

Budgetary Control

  • Budget Control Drivers
  • Uncontrollable Variances
  • Taking Action to Control Budgets
  • Budget Virement
  • Budgetary Control reports
  • Budgetary Control v Cost Control
  • Responsibility for Budget Management

Previous participants of Financial Management and Budgeting 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

Time: 10.00am to 1.00pm

OR

By arrangement.

Who is this course for?

Financial Management and Budgeting is recommended for

All organisations 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.

Organisations in the non profit sector, including NGOs, Voluntary Organisations, Charities, and the Arts

Staff and managers with budgetary responsibility

Requirements

There is no prior knowledge required for this Financial Management and Budgeting course.

Financial Management and Budgeting is suitable for all levels of financial competency - beginner to experienced.

Career path

All staff attending this Financial Management and Budgeting course will gain valuable CPD points

Financial Management and Budgeting will also assist staff with career progression and enhance their CV.

Questions and answers

Certificates

Certificate of completion

Digital certificate - Included

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

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.