Budget Planning Basics

Course details

Budget planning is a process of evaluating the earnings and expenses of companies or individuals which is beneficial for their future. The objective of the budget planning is to arrange the necessary components and brainstorm future goals. It may be completed in one meeting or sometime it takes couple of weeks to evaluate the available data to decide.
Money and time are rare resources to the people and organizations but they can be utilized and managed efficiently and effectively by good planning. Budget is a tool which is used by managers to plan and control the rare resources. The budgeting planning focuses on company’s future objectives and profitability.
This informative unit provides a detailed examination of budget planning basics along with defining the term ‘budget’. It also explores the different types of budgets including various parts of a budget.
The unit also explains the budgeting process along with the budgeting tips and tricks. On the completion of this unit candidates will be able to understand where the budget fits in.

Objectives:
After the completion of this course learners will be able to:
Define budgeting and explore different types of budgets
Program Content:
Lesson(s):
Introduction to Budget Planning Basics
Topics:
Defining a Budget
Types of Budgets
Understanding Where Your Budget Fits In
Parts of a Budget
The Budgeting Process
Budgeting Tips and Tricks
Course Benefits:
Full Tutor Support
Self paced, no fixed schedules
Available to students anywhere in the world
24/7 Access to the LMS ( Learning Management System )
Easy to understand quality e-learning study materials
The benefit of applying for NUS extra Discount Card.
Course Material
All course materials are included in the course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.
Our distance learning course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:
Online course materials
Question papers
Additional Supporting Material
Useful Links
Course assessment
You will be continually assessed throughout the course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.
  Updated on 19 October, 2017