Course: Budgeting-Fundamentals

For professionals who are familiar with financial information and who want to improve their comprehension of the budgeting process and budgetary control.

Participants will learn the fundamentals of budgeting:

  • Why businesses prepare budgets and plans (and the difference between these)
  • The budgeting process 
  • Types of budgets 
  • The importance of assigning responsibility for budgets 
  • Budgeting terminology
  • The computation and analysis of budget variances

Participants will gain an insight into how the budgeting process fits into the strategic objectives of an organisation, this course will equip them with the necessary tools and skills to prepare and monitor budgets effectively

Duration:  2 days

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