Budgeting & Cost Control Training | Practical exercises

Budgeting & Cost Control Training

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Businesses often encounter financial difficulties as a result of either inadequate budgeting or errors within the compilation of the budgets.

This Budget & Cost Control training course, which is one of our Business Skills Training programmes, 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, providing opportunities for participants to apply the course content to practical examples.

This training course is run privately on dates to suit you at any location and we can tailor the course content to meet your goals. Call us on+44 (0)1273 622272 to discuss your needs.

Course Objectives

Our Budgeting & Cost Control course will teach you:

Basic concepts of budgeting
Budget types
Analysing variances and corrective action
Updating and Flexing the budget
Preparing the budgets and forecast
Budgeting to control costs

Who is this course for?

Administrators & financial workers looking to improve their budgeting skills and small businesses who want to take a practical approach to their finances.

Module 1: What is the purpose of a Budget?

Introduction to Budgeting
Budget Preparation
What is the Purpose?
Benefits of Budgeting
Disadvantages of Budgeting

Module 2: Key Terminology

Key Components
Budget Manual, Period, and Committee
Financial Terminology
Profit and Loss
Balance Sheets

Module 3: Understanding Cost

Concepts, Classification, and Behaviour of Cost
Patterns of Cost Behaviour
Determining the Fixed and Variable Elements of Semi-Variable Costs
Cost Variance

Module 4: Methods of Measuring Financial Performance

Basics of KPIs
Metrics, Measures, and Targets
Ratio Analysis
Analysing Trends in Financial flows
Break-Even Analysis and Contribution
Break-Even Point
The Contribution/Sales (C/S) Ratio
The Margin of Safety
Break-Even Charts
The Profit/Volume (P/V) Graph

Module 5: Budgeting Techniques

Module 6: Overall Management of the Budget

How to Build a Budget?
Budget Control Cycle
Incremental Budgeting
Zero-Based Budgeting
Framework for Budgeting
Budget Manual and Preparation
Flexible Budgeting
Budget Review

Keypoints

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Starting Price:£1095

Duration:1 Day

Budgeting & Cost Control Training Calendar

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Keypoints

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Starting Price:£1095

Duration:1 Day

Course Catalogue

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Buxton, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Corby, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Derby, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Hinckley, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Leicester, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Lincoln, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£2195

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Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

13 Aug 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

8 Oct 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

12 Nov 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Dec 2021

£795

Budgeting & Cost Control Training

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Your Online (Budgeting & Cost Control Training) Package

Upon purchase you will receive a password via the email you used to purchase the course.

You will then be able to login to our online learning platform with your email and password.

You will have access to the platform for 90 days to complete your course.

Enroll Now for Our Online Course

£1095

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Upcoming Dates

Birmingham, UNITED KINGDOM

02 Mon

Aug 2021

09 Mon

Aug 2021

16 Mon

Aug 2021

23 Mon

Aug 2021

10 Fri

Sep 2021

05 Fri

Nov 2021

23 Tue

Nov 2021

Virtual, UNITED KINGDOM

03 Tue

Aug 2021

05 Thu

Aug 2021

07 Sat

Aug 2021

08 Sun

Aug 2021

10 Tue

Aug 2021

11 Wed

Aug 2021

12 Thu

Aug 2021

13 Fri

Aug 2021

London, UNITED KINGDOM

04 Wed

Aug 2021

20 Fri

Aug 2021

03 Fri

Sep 2021

06 Mon

Sep 2021

08 Wed

Sep 2021

09 Thu

Sep 2021

13 Mon

Sep 2021

14 Tue

Sep 2021

Manchester, UNITED KINGDOM

06 Fri

Aug 2021

07 Thu

Oct 2021

14 Thu

Oct 2021

15 Fri

Oct 2021

21 Thu

Oct 2021

28 Thu

Oct 2021

09 Tue

Nov 2021

10 Wed

Nov 2021

Onsite Training

Our Onsite/In-house Training method is most selected by organisations, as it allows them to train their employees at their choice of place. We can also tailor the course content to focus on your needs.

In-House Training

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To win in this competitive world, you need to be constantly moving forward, and Silicon Beach Training is the one that can help you. Our courses are highly engaging as we have high-quality and certified training courses for both individuals and organisations that are structured in easy to digest modules. We don't compromise on the quality of our trainers. We have:

Our Clients

With extensive experience working with large organisations, national and local government, universities, charities, SMBs and individuals we believe that no client is too big or too small. This creates a diverse atmosphere on our scheduled courses with the opportunity to discuss solutions for a wide range of problems. We excel at developing bespoke training solutions for prestigious clients including EDF Energy, Sport England and Tesco PLC.

Banco Central Do Brasil

Nationwide Building Society

EDF Energy

Sport England

Tesco PLC

Imperial College London

Imperial College London

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