The Global Certificate in Budgeting and Cost Management provides first-line managers and business owners with the essential knowledge to be able to develop and manage business budgets, and analyze and control the costs within the organization.
The Professional Certificate in Budgeting and Cost Management comprises 5 course, and provides first-line managers and business owners with the essential knowledge to be able to develop and manage business budgets, and analyze and control the costs within the organization.
On completing the Professional Certificate in Budgeting and Cost Management, you will be ready to develop and manage business budgets, and analyze and control the costs within the organization. You will learn how to develop a full range of business budgets and how to manage and control the budgeting and budget reporting processes. You will how to develop business plans and how to align and manage budgeting and planning within the organization. You will acquire an in depth foundation in accounting, and understand how accounting contributes towards effective business management. Finally, you will learn the theory and practice of cost management, and learn how to manage and contain expenditure in the organization.
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Program Content
This program comprises the following courses:
COURSE 1: DEVELOPING BUSINESS BUDGETS
In this course you will learn what to include in the different types of budgets, and about budgeting best practice, and alternative budget approaches you may encounter. The course provides guidance, practical assignments, and numerous tools to help you develop budgets for most types of organization.
This comprehensive course is designed for managers and staff who require a detailed understanding of accounting – including non-financial managers and executives, budget holders, accounts personnel and support staff working with accounts.
This course provides non-finance professional with a comprehensive introduction to the basic principles of cost classification, costing methods and tools to apply in analyzing and reviewing the costs in your team or business unit. You will also learn a range of techniques to apply to reduce costs and improve profitability.
The Global Business Planning course will enable you to develop a complete business plan, with associated business financials. Your plan will enable you to justify the cost-effectiveness of your budgeting, and submit requests for financing, whether bank or venture capital investment.
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.
On completion of this program, you will be able to:
Develop a range of business budgets
Develop a consolidated business budget
Develop budget forecasts
Monitor and report on business budgets
Understand basic accounting principles
Understand the principles of bookkeeping
Understand the debts and credits principle
Understand and refer to accounting standards
Apply a range of mathematical formula to analyze business financial activity.
Understand cost centers and cost allocations
Know how to classify business costs
Understand the range of costing methods
Use Standard costing effectively
Understand and calculate breakevens
Apply a range of techniques to reduce business costs
Know how to align budgeting with business planning
Know how to manage the budgeting process
Manage the implementation of business budgets
Know how to monitor and control business budgets
Develop and manage the budgeting report process
Certification
Professional Credential Awards
CPD Certificates – On completion of each course in the program, you will be able to download and print a Course Completion Certificate, detailing your Continuing Professional Development Credits.
Digital Credentials – On successful completion of all your courses, you will receive an email with a link to your Digital Credentials. These will include your Digital Badge and Digital Certificate.
Social Share – You will be able to share your digital credentials on LinkedIn and other social media platforms.
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