Budgeting And Managing Budgets

by KZN Business Training Centre Claim Listing

Budgets are critical to organisations as they strive to achieve their goals.  Whilst budgets are never 100% accurate, techniques can be applied that facilitate budgeting that is more accurate, and allows for defined review periods to keep budgets relevant.

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KZN Business Training Centre Logo

img Duration

2 Days

Course Details

Budgets are critical to organisations as they strive to achieve their goals.  Whilst budgets are never 100% accurate, techniques can be applied that facilitate budgeting that is more accurate, and allows for defined review periods to keep budgets relevant.

 

What Will Be Covered:

  • The importance of budgeting
  • Employing budgeting techniques
  • The elements of the budget – Income and Expenditure, Capital requirements
  • Fixed and variable costs
  • Fixed, flexible, rolling, static, historical-based, zero-based, activity-based, bottom-up and top-down budgeting techniques
  • Monitoring and controlling expenses against a budget
  • Taking corrective actions and providing feedback
  • Durban Branch

    23 Jan Hofmeyr Rd, Berea West, Westville, Durban

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