Managing Budgets training

Course Overview

This managing budgets course suits anybody that has a need to understand the basic premise of budgeting. Too frequently in business we ignore the value of our staff being aware of budgeting and its impact on a business.

This Managing Budgets course is available throughout the UK.

CPD Value 5.5 Hours

Course Locations

Managing Budgets London
Managing Budgets Manchester
Managing Budgets Nottingham
Managing Budgets Birmingham
Managing Budgets Bristol
Managing Budgets Edinburgh
Managing Budgets Leeds

Related Courses

Here is a selection of courses that we think you might also be interested in.

Finance For Non-Finance Managers
Finance for Marketing and Sales People
Business Friendly Finance - Half Day (am)
Strategic Planning
Winning the Budget You Need
Maximising Cashflow, Sales & Profitability
Cutting Costs and Waste in Your Office

This course qualifies for Continuous Professional Development hours. Learn more about CPD

Timetable

09:30 - 10:00 Coffee & Course Objectives

10:00 - 10:30 Glossary of Terms (A look at the jargon that surrounds finance and what it means in real terms)

10:30 - 11:15 The 6 Main Aims of Budgeting (Why is it important for a business to plan, implement and control budgets? Looking at Business Strategy)

11:15 -11:30 Coffee Break

11:30 - 12:15 Product Costing (Looking at examples of Product Costing and how to establish the ideal Selling Price)

12:15 - 13:00 Overhead Allocation (including an understanding of the decision to \'make\' or \'buy\')

13:00 - 14:00 Lunch

14:00 - 14:30 How we forecast Income and Expenditure and what can impact on the plan

14:30 - 15:00 Forecasting Techniques (A brief look into the types of techniques available and what might influence management decisions)

15:00 - 15:15 Ratio Analysis (A look at what financial information may be available at a glance)

15:15 - 16:30 Management Accounting Package (An introduction to the Profit and Loss accounts, Balance Sheet and Cash Flow Financial Reports. This is the way in which we discover whether what was expected has actually occurred)

16:30 Summary & Action Plans Agreed

Testimonials

Brilliant course and great teacher who took time to understand our needs and answer questions. Thank you!

Punam Vyas, FitFlop

Enjoyed learning about different personalities in the work place. Was a great day, very enjoyable and learnt a lot.

Daisy Hannam, FitFlop

Very interesting and well-delivered courses.

Alex Hutton, AFH Strategic Contracts Limited

Enjopyed the course very much! Anna was fabulous!

Fiona Gibson, Neogen Europe

Really interesting content, trainer adapted learning to my needs - would recommend, great experience.

Samantha Green, Clicky Media

Really enjoyed this course, Tracey gave very useful examples and advice.

Gabija Jasiulionyte, Manchester Central Convention Complex

Great course. really enjoyed it. learnt lots adbout budgets and will put in to practice in the future.

Duncan Leavitt, Manchester Central Convention Complex

Very engaging trainer with a wealth of experience and knowledge. Brilliant at skills and techniques to manage interactions.

Chris Heath, 2 Sisters Food Group

Fantastic ability to be able to tailor the course to meet my needs and make it very relevant to my job.

Steve Bennett, 2 Sisters Food Group

Very good course tailored to our specific requirements.

Debbie Leigh Irving, NATS

This was a very informative session and gained a great deal of knowledge specific to my area of work.

Heather Chulu, The Royal Automobile Club

Excellent course.

Philip Parkin, PAT

Very well presented.

Alan Taylor, Texaco

It was excellent - didn't feel bored! Have come away with lots of ideas and feel motivated and positive - Thank you!

Ruth Raven, British Psychological Society

Training was very well delivered. Lack of background knowledge accommodated.

Tina Wingfield, British Heritage.

I think it was pitched perfectly, relaxed and informative, just right.

Jill Henderson-Varlin, Eurostar UK Ltd

Very positive and simply explained. Finance in plain English.

P Toker, Addaction

Very helpful - a lot of financial jargon explained.

Colleen Pratt, Addaction

Enjoyable & informative - feel much more confident about managing my budget - thank-you.

V Lockwood, Addaction

Presentation was great. There was flexibility and specific focus within the presentation.

Steve Burgess, Akzo Nobel Chemicals Ltd

A very helpful and practical course - thank you!

Mary Ogbeide, AoC Management Services Ltd

Brilliant training consultant, really engaging and delivered at the right pace. Really knowledgeable of her field - GREAT DAY - Thank you!

Chanelle Smith, Association of Colleges

Benefits

Greater understanding of budgeting principles
An understanding of forecasting techniques
An understanding of basic product costing