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Solution focused... ...return on investment driven

Managing Budgets

One of the ways in which organisations attempt to achieve their strategic objectives is by preparing budgets, then monitoring actual performance against them. A budget can be described as a plan set out in monetary terms, prepared and approved prior to a defined period of time, and usually showing either or both the planned income to be generated and the expenditure to be incurred during that time period.

This course explores how you prepare, create and monitor a budget.

Suitable for:
Anyone who has to manage a budget.

The Programme Topic Areas are:
• What is a budget?
• Budget preparation
• Zero-based budgeting (ZBB)
• Calculation and analysis of variances
• Flexible budgets
• Presentation of budgets
• Using spreadsheets
• Business plans and the role of budgeting
• The mechanics of budget preparation including ZBB
• Budgetary responsibility within organisations
• How budgets are used by organisations throughout their life cycle
• Variance analysis: calculation, interpretation and corrective action
• How to prepare and use flexible budgets
• Budget presentation
• Summary and action plans agreed


Team Building

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Team Building courses are held at our own properties in Keswick, click the image above for more details.
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