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This one day course is being run three times between Monday 25th June 2012 and Friday 14th December 2012 in London,

Book this course with us today from as little as £510.00 + VAT and with our price guarantee you can be confident of getting great value. Our team of experienced independent booking administrators will make the joining process painless and by providing feedback on your experiences you’ll also influence the Coursebookers independent course ratings.

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Locations/dates for this course
DateProviderLocationRatingPrice
Monday 25 June 2012ReedLondon£510.00+VAT
Monday 01 October 2012ReedLondon£510.00+VAT
Friday 14 December 2012ReedLondon£510.00+VAT
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Successful Budgeting
 
 
 
 
 


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Summary: 

Budgetary control is vital for all organisations. Not only will this allow better financial control, it may also identify future problems within the organisation or business and therefore enable pre-emptive action to be taken. This course will look at the budgeting process, evaluate ways of avoiding the more common pitfalls and help ensure that the budgets set are realistic.

Audience: 

Anyone who is new to a role where they have to set budgets, or already sets budgets but wants to have a more in-depth knowledge of how to do so more effectively and efficiently.

Objectives: 

  • To identify limiting factors within the organisation
  • Understand and apply differing budgeting techniques
  • The practical compilation and creation of the budgets
  • How to avoid the more common pitfalls
  • How to critique and evaluate the budget statement
  • Achieve credibility when presenting the budget

Outline: 

  • Understanding the Strategic Plan
  • Budgets and the control process
  • The reasons for Budgeting
  • The Balanced Scorecard
  • Performance Pyramid
  • Cash flow budgets
  • Profit and Loss and Balance Sheet budgets
  • Capital expenditure budgeting
  • Budgetary techniques – ZBB, Incremental, Rolling
  • Behavioural aspects of budgeting
  • Budgeting and management style
  • Budget estimates – Time Series, HI-LO, Regression, Learning Curve
  • Control and review – Budgets and Performance Measurement
  • The problems and issues of non-profit organisations – the 3 Es

Description: 

Budgetary control is vital for all organisations. Not only will this allow better financial control, it may also identify future problems within the organisation or business and therefore enable pre-emptive action to be taken.

Reed

Reed Learning has offered high quality professional business and management training since 1995, offering 100,000 days of training annually across the UK. Reed Learning is committed to having the most passionate business and management course trainers in the UK and it is because of this they can offer training courses of an award winning standard.