Budgeting for beginners

Overview:

When you're running a business, it's easy to focus on day-to-day problems and forget the bigger picture. However, successful businesses invest time to create and manage budgets, prepare and review business plans and regularly monitor finance and performance. Structured planning can make all the difference to the growth of a business. It enables business owners to concentrate resources on improving profits, reducing costs and increasing returns on investment.

This course will help you understand the basics of budgeting and will give you an appreciation of the process used and practical aspects of preparation.

Learning Outcomes:

By the end of this course, participants will obtain a greater understanding of:

  • What budgeting means
  • The process for budget panning and control
  • The practical and administrative aspects of preparing a budget
  • The behavioural implications of budgeting.

Authored by: Neeta Major

Neeta has worked across both the private and public sectors within external audit, financial accounting, management accounting and internal audit. Neeta has been actively involved in the provision of governance, risk, value for money and fraud seminars to managers with a broad range of backgrounds (financial and non financial).

CPD Points: 1

CPD Duration (hours): 1

Access: 12 months from purchase date

Price (excludes VAT): £50.00