Budgeting
- Price: US$ 100.00
- Publisher: KESDEE
- Number of modules: 5
- Length: 10-15 hours
- Language: English
- Subscription: 12 months
How to Budget Like a Pro, and Why it's Important
Gain a fundamental understanding of budgeting, budgeting process and enjoy a practical guide for preparing and mastering financial budgets.
If you need to make a budget but don't know how, this is the course for you.
Budgeting: 5 modules of 2 - 3 hours each
1. Overview of Budgeting
- The basic concepts of budget and budgeting
- Budgeting and forecasting
- Budgeting and management
- Budgeting and planning
- Budget procedures and budget administration
2. Types of budgets
- The components of an operating budget, such as sales budget, production budget, production cost budget, ending inventory budget, cost of goods sold budget, selling expenses budget, administrative expenses budget and budgeted income statement
- The components of a financial budget like capital expenditure budget, cash budget, budgeted balance sheet, and cash flow budget
3. Approaches to budgeting
- The various approaches to building budgets, such as fixed budgeting approach, flexible budgeting approach, incremental budgeting approach, kaizen budgeting approach, zero base budgeting approach and others
- The distinctive features of each approach to budgeting
4. Preparing a Budget
- Operating budgets
- Financial budgets
5. Budgetary Control
- The basic concepts of budgetary control
- The process of budgetary control
- Budgetary variance
