Description
This Budgeting Skills For Non Finance Managers Course covers:
- the definition and purpose of a financial plan and budget
- common pitfalls in the budgeting process and how to avoid them
- budgeting techniques- incremental budgeting, zero based budgeting
- Understanding costing and pricing model
- how to prepare different types of budget – sales revenue, salaries, overhead cost, capital, cash flow, profit and loss and balance sheet
- practical tips for preparing an effective budget
- phasing/profiling the annual budget
- getting buy-in to the budget
- the budget presentation: what you need to be able to answer
- how to manage the budget using a structured management account
- what to look for when you get your monthly management accounts
- how to analyse variances and make better decisions
- investigating differences from the budget
BSS ONLINE COURSES
We design, develop and deliver business management training courses online as well as business startup courses. We have trained many business managers and aspiring managers to learn different types of business management skills and we pride ourselves in offering high quality contents.
