Scheduled Budgeting and Managing Budgets - Accredited courses

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Budgeting and Managing Budgets - Accredited

Unit Standard: 
242810
NQF Level: 
NQF 4
Credits: 
6
Course Category: 
Finance

Accredited
Duration: 2 Days
Time: 8:30am-4:00pm

Budgets are critical to organisations as they strive to achieve their goals.  Whilst budgets are never 100% accurate, techniques can be applied that facilitate budgeting that is more accurate, and allows for defined review periods to keep budgets relevant

WHO SHOULD ATTEND

  • People involved in preparation of a budget, or those who are involved in activities in the budget and need to understand the budgeting process
  • Managers, Junior managers and aspirant managers
  • Business owners

HOW YOU WILL BENEFIT

  • Delegates will develop an understanding of the budgeting process as it cascades through the levels in the organisation, from high level strategy all the way down through the business units
  • Budget activities will be aligned with strategic goals
  • Various budgeting techniques will be understood and delegates will be able to apply these in the workplace
  • Budget monitoring is applied and corrective action taken when business units go over budget

WHAT WILL BE COVERED

  • The importance of budgeting
  • Employing budgeting techniques
  • The elements of the budget – Income and Expenditure, Capital requirements
  • Fixed and variable costs
  • Fixed, flexible, rolling, static, historical-based, zero-based, activity-based, bottom-up and top-down budgeting techniques
  • Monitoring and controlling expenses against a budget
  • Taking corrective actions and providing feedback
Official course name: 
Manage Expenditure against a budget 
Accredited: 
Yes

2018 Cost

R4,600.00 pp (ex VAT)
Reduced cost for multiple bookings are available

2019 cost

R5,000.00 pp (ex VAT)
Reduced cost for multiple bookings are available

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