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course

Budgeting Essentials for Managers

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Audio English
Folder lesson (90 mins)
course

Budgeting Essentials for Managers

Popularity
5 stars rating 5 stars rating 5 stars rating 5 stars rating 5 stars rating 5 stars rating

What you'll learn

The Certificate in Budgeting Essentials for Managers Course will teach you:
check-circle Understand financial concepts check-circle Familiarize oneself with financial statements check-circle Learn how to analyze financial statements check-circle Master what's involved in budgets check-circle Learn forecasting techniques check-circle Learn about budget management check-circle Understand the laws related to finance

Course Description

The Budgeting Essentials and Development course focus on an integrative and practical view of concepts, methods, and techniques to develop a budget.

After finishing this course, learners will be able to:

- Develop the budget with a broad view of the corporate functions;

- Integrate the strategic guidelines into the discussions of budgeting process;

- Structure the budget planning and development in a logical sequence

- Coordinate the project of budget planning with the different areas of the company

- Actively promote assumptions discussions to improve the process of developing the budget

- Apply financial concepts to support the budget planning process

- Design a budget monitoring and control model to support the performance management

- Evaluate the performance of the company by managing the results and the budget.

In this course, learners will have a deeper understanding of the budgeting process, its challenges, common issues, and approaches to mitigate the problems and improve the learning curve of budget planning.

It is integrative by emphasizing the transition between the corporate strategy and the budget. It is practical by following a structured process of going through a framework that illustrates and demonstrates how to analyze, develop and control the budget.