CREATING AND MANAGING BUDGETS COURSE
Who this course is for
We’ve devised this budgeting course to benefit anyone who has any involvement in either creating and/or managing a budget, whether this is now or in the future.
This course is designed to improve participant understanding of creating and managing budgets and provide budgeting guidance and tools to help with whatever role you hold.
Course cost varies depending on requirements. Training is delivered at your office or your chosen location.
Duration is typically 1-2 days depending on chosen topics.
Effective budgets are vital for the good financial management of any organisation. As strong financial management is critical for organisational success, it is crucial that anyone involved in the budget creation and/or budget management process is well trained in practical techniques for doing so. Budgets are used for decision making, cash flow planning and operational judgements as well as forming part of the business planning process and so play a central role in the running of any organisation.
Our budgeting course will provide the participants with hands-on tools and techniques that they can apply to their own budgets. As with all of our financial courses, they will be asked to complete a personal action plan at the end of it to ensure that they have considered how to put the ideas from the training into practice within their own roles.
We understand that there may be very different roles within your business that require budgeting training. This is why we are happy to tailor our course to your organisation’s own budgeting processes and requirements as well as the specific objectives of your employees. We can also incorporate other aspects of finance not mentioned below – please contact us to discuss your requirements.
- Why do budgets? The importance of effective budgeting and its use across the organisation.
- Demystifying the terminology behind creating and managing budgets.
- The budget cycle: understanding where budgets fit into your company’s overall plans.
- The four budgeting techniques: what are they, how do I use them and which is best?
- Budget risk: what poses a risk to a budget, how to measure the risk and how to deal with it.
- Identifying costs for a budget: practical techniques for doing so.
- Managing a budget: what are the budget holder responsibilities?
- Variance analysis and dealing with over spends and under spends.
- Cost management: cost behaviours and cost drivers – using these to make the best decisions.
- The implications of a budget on the cash flow of an organisation and why this is important.
- The differences between a budget and a forecast and how to create a successful forecast.
Why Work With Complete Financial Training?
We are the home of specialists in financial and commercial learning.
We work with organisations to improve their people’s financial and commercial acumen, thereby improving your business’ financial health and helping you to create the opportunities to invest in the things that you care about most.
At Complete Financial Training, we can work closely with you to assess the learning requirements of your business, develop a bespoke learning pathway for your people and provide them with the financial and commercial knowledge and tools that they need to help drive the continued success of your business.
I have a much better understanding of Greene King’s finances.
I found the training very helpful and easy to understand. Relating the content to smaller businesses & Landsec helped put it into perspective. Very clear, perfect pace, unique ability to explain to those who have no idea about finance yet at a level which isn’t boring for (the more) knowledgeable.
Practical examples ensured that all delegates were involved in the learning process.
The course was full of valuable information, loved the format of cards on the floor, made it easier to see/understand.
The Trainer was dynamic, open, friendly but professional. This course provided great value to our organisation.
The practical nature of this course was extremely helpful and incredibly well focused to our needs, engaging me from beginning to end.
The training was incredibly valuable! I wish I had done it sooner in my career!
The course was really beneficial in helping me gain a greater understanding when talking to my colleagues.
I now have a better understanding of the impact of setting a business strategy.
It was an excellent course that was adapted to be very relevant to LandSec.
What Financial Training Could Your Team Benefit From?
Download our free Financial Learning Needs Analysis and share it with your team to determine what training they might benefit from – simply fill out the form and download the document.