Offer ends in:
What you'll get
- 3+ Hours
- 1 Courses
- Course Completion Certificates
- One year access
- Self-paced Courses
- Technical Support
- Mobile App Access
- Case Studies
Synopsis
- This course is designed to train the participants on budgeting and forecasting and make them familiar with the process.
- It will be useful for them in their career as budgeting plays a key role in all organizations as that gives the road map and performance target to the company
- You will be able to understand the budgeting process and the various concepts in that
- Costing concepts – Master budget; Costing concepts; Direct and Indirect cost concepts.
Content
-
MODULE 1: Essentials Training
Courses No. of Hours Certificates Details Financial Budgeting - Financial Budgeting and Plannings 3h 24m ✔
Description
About Financial Budgeting & Forecasting Masterclass
A budget is a financial plan for a specific period, usually prepared for a financial year. It covers all financial aspects for the future period right from revenue, costs, expenses, profits, assets, liabilities, and cash flows. The budget is more of an estimate and the target set by the management for future performance. The budget is the expected performance and the same will be tracked against the actual performance and the gaps will be monitored by the management. There are two types of budgeting – Operational budgeting and Capital budgeting.
You will be learning the following topics in this Online Financial Budgeting Course.
Budgeting and Forecasting: Beginner Level: This part covers the budgeting and forecasting techniques from basics. You will be able to understand the budgeting process and the various concepts in that. This session will help you to develop the budget in line with the organization’s goals.
-
Introduction to budgeting and forecasting.
-
Costing concepts – Master budget; Costing concepts; Direct and Indirect cost concepts.
-
Cost behavior – Overhead allocation; Cost behavior; Fixed and variable cost concepts.
-
Contribution – Cost volume profit model with examples.
-
Statement – Forecasting techniques and budgeting techniques; Preparation of Financials; Balance sheet; Income statement; Cash flow statement.
-
Case studies
-
Monitoring – Budget monitoring and control.
-
Run rate – Run rate and MYF; Dynamic market; Behavioral and Ethical aspects.
Requirements
- Basic Finance knowledge – This course contains advanced concepts and techniques about budgeting and forecasting, so basic finance knowledge is required to understand and get hold of this training.
- Passion to learn – You should have the interest to learn to budget and it could be more useful for students and finance professionals who are planning to pursue their career in finance budgeting, financial planning, and analysis, financial reporting, etc.
Target Audience
- The budgeting training course is useful for both students and professionals who have the interest to learn and pursue their careers in that line.
- Professionals – Finance Professionals who are in lines of b udgeting and analysis and others who are accountants, treasurers, corporate development professionals, reporting analysts, etc. can also take up this course.
Course Ratings
Offer ends in:
Training 5 or more people?
Get your team access to 5,000+ top courses, learning paths, mock tests anytime, anywhere.
Drop an email at: [email protected]
excellent learning experience!!! simple but good presentation. . it is a worthy review for those who learned similar course before and a good foundation for the first time learners. covering the different budgets and appraisal methods. the course definitely benefited me and enhanced my confidence level.
Pradeepan Koduvalli
A very detailed and simple explanation of financial budgeting along with capital budgeting. The different topics that were covered were learning of capital budgeting, its calculations (like Net present value, profitably index, IRR, simple and discounted payback period, and then budget calculations were taught.
Nishant Jain
The course covered the topic I expected. The course content was consistent with the course structure. The lessons were arranged in a logical way. I feel more confident about the subject after taking the course. My favorite activity was comparing the lecture with the actual presentation. I wanted to take the course to improve my business acumen. The type of content worked for the topic. The length of time of the course was just right. The audio quality needs improvement (some fading). The visual components worked as expected. The instructor was very knowledgeable about the topic and the tools used during this course. I would be a little hesitant to take an online course from this instructor again (talked too fast at times). This course worked better on my notebook than my mobile device (more user-friendly). This course in conjunction with the other courses listed in the pathway will provide a lot of value to me in the near future. The lectures and presentation complemented each othe
Lester Darris, DBA