Budgets & Managing Money Training Course

As modern business leaders, it is critical to be knowledgeable about our organisation’s finances. Although not all of us have a background in finance or accounting, this session will help familiarise you with the fundamentals and provide guidance on how to contribute positively towards your company’s financial structure. 

With increased confidence from understanding key concepts such as budgeting and fiscal cycles, we can ensure our departments remain adequately resourced without falling into debt.

This budgeting training class is designed to equip students with the knowledge and skills needed to confidently create, plan, analyse and maintain successful personal budgets. 

From core principles of sound budgeting strategies through advanced techniques such as operating and production-based plans for businesses – this course offers invaluable insight into how best manage finances effectively.

Budgeting Training is a comprehensive approach to mastering the ins and outs of financial risk management, cost control, savings identification, strategic planning implementation and evaluation. 

It covers areas such as budget fundamentals and forecasting techniques in addition to internal/external rate of return analysis and macroeconomic indicators for assessing long-term financial stability. 

Budgeting training also provides insights into investment strategy development with an emphasis on business growth initiatives like entrepreneurship and other key business developments. This training course offers a comprehensive overview of all the essentials in company finance, preparing individuals to approach their budgeting with expertise and confidence.

Recommended Outcomes For This Course:

• The basics of accounting and finance
• How to identify their role in finances
• How to look at financial reports, including a profit and loss statement, an income statement, and a financial statement
• Ways to track business expenses
• How to develop a good budget
• Things to think about when deciding what accounting method to use
• Simple ways to manage money to generate profit
• Ways to compare investment opportunities
• What to do when finances affect people
• About the ISO 9001:2000 series
• Decision-making skills

Learning Outcomes:

• Finance Jeopardy
• Define basic financial terminology
• Prepare a budget of any type or size
• The Budgeting Process
• Get your budget approved
• Monitoring and Managing Budgets
• Perform basic ratio analysis
• Make better financial decisions