Budget & Cost
Control Training UK - course outline
Businesses often encounter financial difficulties as a result of either
inadequate budgeting or errors within the compilation of the budgets.
This course takes a practical approach to financial planning for the
organisation and considers: the compilation of budgets; how to identify
potential problems arising and suggests actions which can be taken.
It also looks at ways of improving financial control using budgets,
so as to avoid reduced profits and/or financial problems. It also provides
opportunities for participants to apply the course content to practical
examples.
Budget & Cost Control training course objectives
- Basic concepts explained
- Budget types
- Analysing variances and corrective action
- Updating and Flexing the budget
- Preparing the budgets and forecast
- Budgeting to control costs
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