Location
Denmark
Dates
Dates flexible
Course Type
Professional Training Course
Accreditation
Yes (Details)
Language
English
Course Fee
$4,500

Course Overview

Like it or not the budget is the yardstick that top management uses to measure your actual performance.And in today’s tight economy the manager who knows budget planning and how to apply it effectively winshands down over the one who doesn’t.So if you’re a new manager who’s “just a little nervous” about budget planning…or an experienced one whowants to get a lot more out of the yearly chore…or if you just want to “hold your own” with financialmanagers this seminar is for you.

Who should take this course

Every manager with budget responsibilities who is interested in developing or improving their budget planning skills.

Accreditation

CPD

Course content

Understanding the Planning and Budgeting Cycle. Define Planning and Its Relationship to the Budgeting Process. Explain Why Companies Budget. Describe the Planning Cycle in a Typical Organization. Tying Strategic Planning to the Budgeting Process. Explain the Strategic Planning Process. Explain How Strategic Analysis Is Related to the Planning and Budgeting Process. Perform a Strategic Analysis of the Internal and External Environment. Understanding the Budget Preparation Process. Describe the Typical Flow of the Budgeting. Cycle in an organization. Identify the Major Contents of the Annual Business Plan. Explain the Different Types of Budgets. Their Purpose and Limitations. Explain the Relationship between Budgets and Forecasts. Identify Ways to Improve the Budgeting Process in Your Organization. How to Prepare an Operating Budget. Explain the Sequence of Steps in Preparing an Operating Budget. Prepare a Sales and Cost-of-Sales Budget. Calculate Labor Hours Available and Use This Figure to Plan Headcount Calculate. Budgeted Overhead Rates. Budget Labor Materials and Overhead Costs in Total and Per Unit. Measuring Performance against the Budget. Identify Significant Variances. Analyze Budget Variances. Describe the Characteristics of a Good Budget Reporting System. Determine When a Budget Should Be Revised during the Year.

About Course Provider

London Training for Excellence offer a wide range of training courses in London for organisations and individuals who wish to advance their skills and knowledge in the business world. With a great training centre in London, London TFE have everything that is needed to understand the basic needs of a business. Each course focuses on the ‘real-life’ issues a business could face and how to tackle them with ease.

London TFE have a team of enthusiastic leaders and instructors who share a passion for education and want to deliver that same passion to every individual who wish to take a business to succession. Each training courses London encourages individual to aim high and reach their full potential.

How to enroll?

Provide us with your contact details, course provider will get back to you.

A representative from London Training for Excellence will contact you soon.