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- Duration / Course length: Upto 2 Hours Start now
- Accredited by: CiQCPD Qualification Standards
- Certificates:
- Course delivery: This course is delivered in video format
Course details
Budgeting is a vital skill for anyone wanting to manage finances effectively. The Making Budget & Forecast course teaches you how to create realistic budgets and accurate forecasts. You will learn about different types of budgets, including operational and financial, and why they matter.This Making Budget & Forecast course breaks down the process into simple steps. You will find out how to gather the right information to build your revenue and cost budgets. By understanding these key components, you can create plans that support your business goals.
By the end of the Making Budget & Forecast course, you will feel confident in your ability to plan financially. You will know how to connect your budgets to the bigger picture and make informed decisions. Join us to sharpen your budgeting skills and improve your financial planning today!
Learning Outcomes
- Understand the importance of budgeting and forecasting.
- Identify key components of operational and financial budgets.
- Analyse revenue budgets and gather necessary information.
- Recognize qualitative aspects of budgeting.
- Master the logical steps in the budgeting process.
- Connect revenue and cost budgeting to operational plans.
- Lecture 1: Why Budget and Forecasts
- Lecture 2: Is Budget Planning a Paper Exercise
- Lecture 3: Operational and Financial Budget
- Lecture 4: Components – Revenue Budgets
- Lecture 5: Components – Cost Budget
- Lecture 6: Qualitative Aspects
- Lecture 7: Process of Budgeting – Logical Steps
- Lecture 8: Revenue Budget – What Information We Need to Make Revenue Budgets
- Lecture 9: Example We Used in Class to Demonstrate a Broad Process in Budget and Planning
- Lecture 10: Cost Budget Process – Link from Revenue and Operational Plan
- Lecture 11: Cost Budget Process – Other Aspects
Eligibility / Requirements
To enrol in this course, you only need a basic understanding of English and an internet connection.
Job roles this course is suitable for:
Budget Analyst , Financial Planner , Business Analyst , Financial Controller , Budget Manager , Forecasting Specialist , Cost Accountant , Financial Consultant , Operations Manager , Strategic PlannerAbout IOMH - Institute of Mental Health
The IOMH (Institute of Mental Health) is dedicated to empowering individuals like you to unlock your full potential and thrive in multiple areas of life. Whether you're seeking personal growth, professional development, or support in overcoming life's challenges, we have the resources and expertise to guide you on your transformative journey.
Our Vision: At the IOMH (Institute of Mental Health), we envision a world where every person is inspired to embrace change, overcome obstacles, motivate others, and find hope in the face of adversity. We believe that through education and support, individuals can tap into their inner strength and create meaningful transformations in all aspects of life.
Our Mission: Our mission is to break barriers and ignite the spark of possibility within you. We are committed to offering a diverse range of courses and programs that encompass variousniches, allowing you to explore and excel in multiple areas of interest. Our skillfully crafted content, designed by specialists, provides you with the knowledge and skills you need to become a well-rounded and empowered individual.
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