Budgets & Costs

by EQV (UK) Ltd Training Claim Listing

This course aims at giving non-financial managers a greater understanding of budgets and costs and helps them to develop the skills necessary to better control their costs and stay within budget.

£425

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EQV (UK) Ltd Training Logo

img Duration

1 Day

Course Details

This course aims at giving non-financial managers a greater understanding of budgets and costs and helps them to develop the skills necessary to better control their costs and stay within budget.

 

Who Should Attend:

This course aims at giving non-financial managers a greater understanding of budgets and costs and helps them to develop the skills necessary to better control their costs and stay within budget.

 

Learning Outcomes:

  •  Understand budgets within an organisation
  •  Understand costs within an organisation

 

Course Content:

  •  The nature and purpose of budgets, and the advantages of budgetary control
  •  Methods to monitor variance of actual performance against budget
  •  Causes of variance, their significance and ways of reducing adverse effects
  •  How to gather information for use in determining and/or revising budgets
  •  Definition of fixed and variable costs; concept of break even, especially in relation to own organisation
  •  The purpose and nature of basic cost statements; use of standard costs
  •  Role of the manager in cost control
  •  Mechanisms to maintain control of costs, and how to select the optimum method

 

  • Leicester Branch

    Dock 116, 75 Exploration Drive, Leicester

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