Project Management
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Budgeting for Managers
| Level | Workshop |
| Date/Venue | |
| Duration | 1 day |
| Time | 09:30 to 16:30 |
| Price | Net - £325.00 VAT - £56.88 Gross - £381.88 |
Introduction
Budgeting is a tool for financial planning which if used well will assist business managers to plan, control and make decisions about their business activities more effectively. This workshop is for those responsible for preparing or having input into the budgeting process within an organisation.
Who should attend: Business managers, project managers, departmental heads and new budget holders and all those whose work requires a sound understanding and working knowledge of budgeting. It will also benefit someone wanting to improve their confidence with financial terminology and reporting performance.
Course Aim
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To provide an introduction to different approaches, the process, preparation and management of departmental or project budgets as a business tool.
Course Objectives
By the end of the course you will be able to:
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Understand basic financial terminology and concepts
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Prepare simple sales, purchasing, production, labour and expenditure budgets
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Prepare a cash budget
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Calculate variances
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Use variance analysis to monitor and control
Content
Introduction to accounting terminology and concepts
The scope and content of a budget
Approaches to budgeting
Limiting factors and constraints
Budget preparation
Variance analysis
Implementing, monitoring and control
Style
The workshop is highly participative and blends practical exercises with presentations and discussions.
The workshop is highly participative and blends practical exercises with presentations and discussions.
Course Includes
Lunch/refreshments and course materials
Testimonials
[Comment] Again another well presented and clear course that met my personal aims. This and the "Finance for Non Financial Managers" course will help me in my work, and should be offered as a package to all company managers. [A Lang - Vector]
Budgeting
Budgeting