Budgeting is something that managers are often asked to do without any formal training on how this should be done. This course explains the structures that excellent businesses have in place to make their budgets robust.
DurationBudgeting is something that managers are often asked to do without any formal training on how this should be done. This course explains the structures that excellent businesses have in place to make their budgets robust.
In doing so it challenges the business to only commit funds that will take the business where it wants to go. This course also covers tools and techniques to make sure the sales price for goods will lead to the required profit margins and discusses the reasons for why budgeting often doesn’t “work”.
What Will You Learn?
By the end of this course delegates will, with the aid of their notes, be able to:
We work closely with employers and professional bodies to make our learning as real-world, relevant and future facing as possible.
We do it for the biggest names and we do it in specialist areas. That includes law, accountancy, financial services, nursing, technology and more.
And it covers a range of qualifications to develop careers at every stage and every level of development.
We educate over 80,000 learners a year and work with over 7,000 clients to develop their talent and enhance their businesses.
This non-credit short-term course is intended for students who want to gain general knowledge, learn a new skill, upgrade existing skills or develop personal interests in subjects related to finance or tax law.
This intensive course will provide participants with a deep understanding of how budgeting can be a powerful performance management tool. The course will delve into budget preparation, implementation, monitoring, control, and evaluation processes.
Organisations often encounter financial difficulties as a result of either inadequate budgeting or errors in the compilation of the budgets.
Success in any organisation depends on being able to develop and implement effective plans to achieve the organisation's objectives. Although some see budgeting as a burden, the most successful organisations use the budget process to produce powerful plans.
Strategic Financial Management and Effective Budget Execution also called Strategic Financial Management provides the important elements for attaining a comprehensive budget preparation and effective execution system.
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