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Develop practical knowledge and confidence in Budgeting.
This course will introduce the learner to the various features of budgeting. The course will give an in-depth analysis of Generally Accepted Accounting Principles (GAAP), budget categories, and successfully handling budgets. Upon successful completion of the course, the learner will have a solid understanding of the following:
This course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.
This course is suitable for business professionals, administrators, managers and learners who want practical workplace skills they can apply immediately.
Course Outline
Seat Time: 1.5hrs - Desc:
This course will introduce the learner to the various features of budgeting. The course will give an in-depth analysis of Generally Accepted Accounting Principles (GAAP), budget categories, and successfully handling budgets. Upon successful completion of the course, the learner will have a solid understanding of the following:
Course Topics:
T1. Budgeting and GAAP Principles: This topic will introduce the learner to what a budget is, how cash is used, and Generally Accepted Accounting Principles (GAAP).
T2. Categories of Budgets: This topic will introduce the learner to budgets, making impactful business case presentations, and successfully constructing a budget according to the companyÆs business plan.
T3. Components of Budgeting: This topic will introduce the learner to the steps that comprise budgeting, compiling budget package data, creating an outline, and making an action plan.
T4. Handling Budgets: This topic will introduce the learner to budget-handling methodologies, developing a budget management plan, understanding preventative budgeting techniques, and the excuses for exceeding your budget.
T5. Understanding Ratios: This topic will introduce the learner to commonly used ratios, some of which include collection ratios, cash turnover ratios, debt to net worth ratios, and return on sales ratios.
T6. Impacts on Finances: This topic will introduce the learner to the importance of finances, where your role within the company exists in relation to other roles within the company, and familiarizing yourself with key financial personnel within the company.
Part of this learning pathway: Professional Skills
Course pathway: eBSI Banking Academy > Professional Skills > Budgeting
Explore more Professional Skills training or return to the eBSI Banking Academy.
Related eBSI learning pathway: eBSI SME Academy > Administrative Skills
If you have any questions or would like to speak to one of our team before enrolling feel free to book a free video call with us by clicking the button below, we will be delighted to meet you on Google Meet!