Budgetary Planning and Control

Budgeting is for most managers a time consuming and often frustrating process, in which you may find yourself competing for resources with other managers in the organization. Moreover, you may also be required to report against budgets for which you may feel you have limited control.

In this course, you will learn how to take more control over the budgeting process, and identify ways in which you can ensure your budgeting process and reporting processes work for your business unit, and enhance business performance.

The course provides tools to enable you to review the effectiveness of the organization’s budgetary planning process in supporting the delivery of the organization’s strategic objectives, and review the organization’s systems, procedures and reporting mechanisms that are used to monitor progress against budgets and their objectives.

COURSE DETAILS

• Suitable For: MFirst-line and Middle Managers
• Learning: On Demand 24/7
• CPD Credits: 20 Hours
• Access: 3 months
• Certification: Download your CPD Certificate on completion
• Additional Resources: Download Learners manual, additional articles and worksheets

This course comprises the following lessons:

Lesson 1 – Getting Started

SECTION 1: BUDGETING AND PLANNING

Lesson 2 – Understanding Budgeting

Video – Introduction to Budgeting

Lesson 3 – Planning and Budgeting

Video – Monthly Budgeting and Forecasting

Lesson 4 – The Budgeting Process

Video – The Budgeting Process

Budgetary Planning and Control 5 – Finalizing the Budget

Budgetary Planning and Control – Quiz 1

SECTION 2: CONTROLLING THE BUDGET

Lesson 6 – Implementing the Budget

Video – Responsibility Accounting

Lesson 7 – Controlling the Budget

Video – Variance Analysis

Lesson 8 – The Reporting Process

Video – Budgeting and Forecasting

Video – Evaluation of Performance

SECTION 3: IMPROVING BUDGET MANAGEMENT

Lesson 9 – Best Practice

Video – Zero Based Budgeting

Lesson 10 – Wrapping Up

Budgetary Planning and Control – Quiz 2

Budgetary Planning and Control – Course Evaluation

Learning

The program is delivered through Online Learning through the Global E-Learning Portal. Each course comprises:

• Online Lectures and interactive learning
• Online Videos
• Online Quizzes
• Downloadable Learning Manuals (80 pages +)
• Additional workbooks, articles, and case studies.

Assessment

Assessment in this program takes the form of Online-quizzes (normally 3 in each course). Each quiz has a pass mark of 70% and you can take the quizzes as many times as you wish.

Support