Course description
The budget setting skills online assessment can assess how well you are able to set realistic budgets. Budget setting is fundamental to effective financial management and is one of a number of skills employers find desirable for management and other positions. Budget monitoring requires an accurate base budget to compare with actual expenditure. Poor budget setting can often result in poor financial management and budgets being ignored due to their inaccuracy.
Organisations wishing to achieve value for money from their resources need effective budget setting. Realistic budgets can then be used for financial control. Our budget setting skills online assessment is an excellent tool for organisations to use to identify and improve their staff skills in this area. It is one of a range of online competency assessments available.
Upcoming start dates
Suitability - Who should attend?
Anyone responsible for budgets.
Anyone involved in the budget setting process, or developing budgets for projects.
Outcome / Qualification etc.
Having taken the assessment a feedback report is given immediately.
A completion certificate is available on request
Training Course Content
The topics covered by the assessment include:
- Budget Setting Process
- Incremental budgeting
- Zero based budgeting
- Budget Setting Assumptions
- Calculating Budgets
- Profiling Budgets
- Forecasting Income
Course delivery details
Bespoke assessments can also be developed to target specific areas of staff knowledge required by the organisation.
The online assessment provides access to our assessment tool; three attempts at our online questionnaire; and a feedback report showing the level of competency achieved in two areas – underpinning knowledge and practical application.
Why choose HB Training and Publications International
30 years in business and still going strong
10 off-the-shelf finance courses and many more bespoke
Excellent participant feedback - thousands over the years
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HB Training and Publications International
HB Training and Publications International provides financial management training for the public and non-profit sectors. This includes financial training in all areas of budgeting, managing budgets, financial planning, financial management and financial strategy. Other topics are also covered including fraud...