Finance Essentials Introduction to Budgeting (ICAS)

by BPP Professional Education Claim Listing

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.

$144.5

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img Duration

1 Day

Course Details

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.

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:

  • Explain the organisational structures that lead to a robust budget creation
  • Construct a supported budget on an accruals basis
  • Construct a cash budget
  • Appreciate the difference between revenue budgets and capital budgets
  • Explain and calculate budgeted costs for goods using absorption or marginal costing
  • Calculate a break even sales volume for goods
  • Profile a budget
  • Appreciate the challenges and behavioural issues surrounding budget construction
  • Aberdeen Branch

    2nd Floor Gunner House Neville Street, Aberdeen
  • London Branch

    BPP, Aldine Place, 142-144 Uxbridge Road, London
  • Birmingham Branch

    BPP University 32-34 Colmore Circus, Birmingham
  • Leeds Branch

    BPP University Whitehall 2 Whitehall Quay, Leeds
  • Nottingham Branch

    Regus 6th floor City Gate East, Tollhouse Hill, Nottingham

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