Developing Business Budgets

$69

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.

Description

Is it budget time in your organization? Have you been tasked with setting a budget, or are you part of team setting the budget? If you are, then this course will prove invaluable for you.

This introductory course in developing business budgets reviews the range of different types of budgets, which together make up the master budget framework for an organization. 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.

COURSE DETAILS

  • Suitable For: First-line and Middle Managers
  • Course Duration: 20 Hours
  • Access: 3 months
  • Certification: Download your Certificate on completion
  • Additional Resources: Download comprehensive Learners manual, additional articles and worksheets

COURSE CONTENTS

This course comprises the following lessons:

Lesson 1 – Getting Started

SECTION 1: UNDERSTANDING COSTS

Lesson 2 – Understanding costs

Video – An Overview of Costs

Lesson3 – Cost centers

Video – Cost Centers and Profit Centers

Lesson 4 – Standard Costs

Developing Business Budgets – Quiz 1

SECTION 2: DEVELOPING A RANGE OF BUDGETS

Lesson 5 – Understanding Budgeting

Video – Introduction to Budgeting

Lesson 6 – Developing the Sales Budget

Video – The Sales Budget

Video – Sales Budget Example

Lesson 7 – The Production Budget

Video – The Production Budget

Video – Example Production Budget

Lesson 8 – Developing the Direct Labor Budget

Video – The Direct Labor Budget

Developing Business Budgets – Quiz 2

Lesson 9 – Materials and Equipment Budget

Video – The Direct Materials Budget

Video – Example of Materials Budget

Lesson 10 – Overhead Budget

Video – The Manufacturing Overhead Budget

Lesson 11 – Selling and General Admin Budget

Developing Business Budgets – Quiz 3

Understand Costs and Budgets – Course Evaluation

CERTIFICATION: DOWNLOAD YOUR CPD CERTIFICATE ON COMPLETION