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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 Trainingprogrammes, 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

Budgeting & Cost Control Training Course Content

Introduction

  • The importance of budgeting
  • What are its aims?
  • How do we make budgets effective?

Budget Types

  • Capital, revenue and cash distinctions
  • How do these relate to the basics of a balance sheet, profit & loss account and cash flow statements
  • Concept of accruals

Budget reparation Process

  • Constructing forecasts
  • Limiting factors
  • Sensitivity analysis
  • Break-even analysis

Preparing a forecast

Using the budget to control

  • Variance analysis
  • Flexible and static budgets

Booking

* Required

For in-company or private training please request a quote

 
 

Course Details

  1. Course Title

    Budgeting & Cost Control Training

  2. Duration

    1 Day

  3. Price Starting From

    £1,895.00 + VAT

Upcoming Dates

Onsite Training

This course can be run in-company anywhere in the world & we can tailor the content to focus on your requirements.

We regularly provide training in London, Manchester, Bristol and all over the United Kingdom.

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.

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  +44(0)1273 6222 72 Call to enquire