Managing Budgets Masterclass
Practical Training for Professionals
Summary
- Tutor is available to students
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Location & dates
Temple Street
BIRMINGHAM
West Midlands
B25DP
United Kingdom
Clifton Down
Bristol
Avon
BS83NB
United Kingdom
Cheadle Royal Business Park
Cheadle
Cheshire
SK83FS
United Kingdom
150 Minories
City of London
London
EC3N1LS
United Kingdom
Overview
Managing Budgets - Overview
This managing budgets course suits anybody that has a need to understand the basic premise of budgeting. Too frequently in business we ignore the value of our staff being aware of budgeting and its impact on a business.
This Managing Budgets course is available throughout the UK.
CPD Value 5.5 Hours
Course Locations
Managing Budgets London
Managing Budgets Manchester
Managing Budgets Nottingham
Managing Budgets Birmingham
Managing Budgets Bristol
Managing Budgets Edinburgh
Managing Budgets Leeds
CPD
Description
Managing Budgets - Timetable
09:30 - 10:00 Coffee & Course Objectives
10:00 - 10:30 Glossary of Terms (A look at the jargon that surrounds finance and what it means in real terms)
10:30 - 11:15 The 6 Main Aims of Budgeting (Why is it important for a business to plan, implement and control budgets? Looking at Business Strategy)
11:15 -11:30 Coffee Break
11:30 - 12:15 Product Costing (Looking at examples of Product Costing and how to establish the ideal Selling Price)
12:15 - 13:00 Overhead Allocation (including an understanding of the decision to \'make\' or \'buy\')
13:00 - 14:00 Lunch
14:00 - 14:30 How we forecast Income and Expenditure and what can impact on the plan
14:30 - 15:00 Forecasting Techniques (A brief look into the types of techniques available and what might influence management decisions)
15:00 - 15:15 Ratio Analysis (A look at what financial information may be available at a glance)
15:15 - 16:30 Management Accounting Package (An introduction to the Profit and Loss accounts, Balance Sheet and Cash Flow Financial Reports. This is the way in which we discover whether what was expected has actually occurred)
16:30 Summary & Action Plans Agreed
Managing Budgets - Benefits
- Greater understanding of budgeting principles
- An understanding of forecasting techniques
- An understanding of basic product costing
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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.