Making Every £ Count
Learn to construct effective budgets that
Add value to your organisation.
1. What is a budget?
The importance of budgets - what are the benefits of budgeting?
2. Budget Setting Exercise: Constructing a budget
How does it fit in with the profit and loss account and cash flow?
Terminology - jargon buster!
What to include in a budget
What is a rolling budget?
3. Budget Management
Your role and responsibilities as a budget manager
4. Budget Monitoring Exercise
Cost control: What drives costs?
Reviewing budget reports for errors, variances and out of budget expenditure
What is profiling and how to do it
6. Financial Reporting and Presentations
Duration: One day
Budget variations & out of budget expenditure
Taking corrective action!
Presenting your budget to the Finance department
Do you require In-House training?
This course can be tailored to meet your specific requirements.
Please call 020 8332 7567 for further information.