Budgeting for non financial managers – 1 day
- Learn the art of managing a budget in one day
- Join online or arrange exclusive training for your business
- Mix of theory and practical exercises for proven success
This one-day Budgeting course is for anyone struggling to put together and manage a budget. It takes a practical, hands-on, straightforward approach to budget making and will give invaluable tools and techniques to help you develop and understand your budget. Struggle with financial language? Then this course is for you!
Course Dates and Location
No course dates currently set. Please get contact us to find out more
Bring us in-house
If you have four or more people who would like to attend this course, then In-Company Training could be the most cost-effective option. We can deliver this course virtually or face to face for your organisation, on a date and time that suits you.
Contact one of our Training Coordinators on 020 7490 3030, e-mail training@itecskills.ac.uk or through the contact us form for more information and a quote.
Course Details
Course Outline
This is finance training that focuses on your budget. The training course looks at the elements of a budget, what to understand before you start to plan the budget, different ways of assembling a budget and how to avoid the common pitfalls. We will look at the tools used to manage a budget and help you to understand the paperwork produced and used in your own organisation.
The course covers:
- The definition and purpose of a budget.
- Common pitfalls in the budgeting process and how to avoid them.
- Different types of expenditure.
- Practical tips for preparing an effective budget.
What a forecast is and how it differs from a budget. - Phasing/profiling the annual budget.
- How to manage the budget.
- The importance of accruals.
Who Is This Course For?
This budget management skills course is for managers who need to set and manage budgets but don’t have the expertise or specific training in this area of finance. For anyone without a finance background who wants to learn about budgets in plain English!
What Will This Course Help Me Do : Learning Outcomes?
This training course will help you put together a budget that stands up to external scrutiny – by funders, the board and external regulators. This is finance training to give you confidence as well as skills. You will be able to phase your budget accurately over the year so as to understand the peaks and troughs of income and expenditure and you will be able to manage and control your budget to avoid nasty surprises.
Course Fee
- £589 plus VAT not-for-profit price (applies to charities and all other not-for-profit organisations, including public sector and housing).
- £654 plus VAT standard price (applies to all other organisations).
