Budgeting for Managers

In Budgeting for Managers you will explore effective budgeting principles and behaviours that affect forecasts as well as the budgeting methods and techniques that help managers meet stakeholder expectations. The budgeting training course will also focus on the language of costs and pricing techniques that recognise the inevitable changes in the business environment.

The budgeting array will cover the differences in application between cash, revenue and capital budgeting and help to ensure that budgeting, in its various forms, can contribute to meeting your business objectives.

Target Audience

This course is therefore ideal for budgeting managers and anyone who contributes to budgets and forecasts.

Course Objectives

To enhance business performance through the use of effective, practical budgeting tools and techniques.

Programme Topics

Departmental budgets and the "Master Budget"
Principles and standards of effective budgeting
Forecasting techniques
Sources of internal and external intelligence and data
Allocation and Apportionment of costs
Static vs. Flexible Budgeting
Cash Flow vs. Revenue (Profit) Forecasts
Monitoring variances to budget
The language and application of capital budgeting

Methods

Trainer presentation and facilitation
Teamwork
Group discussion
The budgeting training includes small group exercises and skills practice

In-house budgeting training courses for managers

I have come away from the course armed with a greater knowledge about finance, far more than I expected. It was highly beneficial. Trainer was excellent!

Nargis Rahman

BBCC