Course description
Understanding Finance Budgeting in the workplace
Business professionals without a formal accounting or finance background who want to understand how budgeting aids planning and helps monitor performance, to gain the practical skills to implement and manage simple budgets and the confidence to communicate financial information.
Upcoming start dates
Outcome / Qualification etc.
By the end of the course you will have gained:
- A clear understanding of proper budgeting as a tool to aid business performance and productivity
- Practical skills that can be applied immediately to prepare your budget
- Techniques to use budgeting principles to manage finances more effectively
- The knowledge to help make informed budgeting decisions
- The ability to use budgeting to communicate to other business partners, your colleagues or your bank
Training Course Content
1. Setting the context
- What we will cover
- Your objectives and priorities for the day
2. Why Budget?
- What a budget is
- When to budget
- Why businesses complete budgets
3. Operational Budgets
- Component parts of an operational budget
- What an operational budget looks like
- Sources of information for figures in operational budgets
- Factors that influence figures in operational budgets
- The scope of an operation budget
- How to calculate figures for an operational budget
4. Cash Flow Budgets
- Component parts of a cash flow budget
- What a cash flow budget looks like
- Sources of information for figures in cash flow budgets
- Factors that influence figures in cash flow budgets
- How to calculate figures for a cash flow budget
5. Using Budgets to Manage and Control the Business
- The budgeting process
- The importance of completing budgets
- How to use budgets
6. Summary and Your Implementation
Why choose GBC Learning & Development
Established in 1994 and still learning!
Trusted by 400 world-wide
Save! Bring a Buddy Half Price
Customer Outreach Award
We believe that it should be easy for you to find and compare training courses.
Our Customer Outreach Award is presented to trusted providers who are excellent at responding to enquiries, making your search quicker, more efficient and easier, too.
Expenses
Course Price: £360 + VAT
Request info
GBC Learning & Development – Invest for High Performing People
Practical yet inspiring topics, comprehensive content, and passionate trainers. Tap into the expertise of our trainers who have a wealth of experience in business, coupled with an understanding of how people learn and put their learning into practice in the...