![]() |
Profile |
Contact |
Search |
Cart |
| Budgeting and Financial Management: Planning Your Budget |
| Course Status: | Released |
| Course Language: | English |
| Course Duration: | 5 Hours |
| Deployment Options: | Online, Interactive CDs, Network, Downloads, Intranet |
| Audience |
| Managers, prospective managers, and any other employees seeking advanced competency in the area of budgeting and financial planning |
| Prerequisites |
| An understanding of the principles of financial planning |
| Course Aim |
| To introduce the learner to the benefits, purpose, and strategies of corporate financial planning |
| Learning Objectives |
| Explain the advantages of effective budgetary planning. Explain how operating budgets are linked to the value chain. Discuss the importance of efficient budget administration. Plan a production budget. Outline the planning involved in various types of company budget. Plan a budget forecast. Use CVP analysis to help with budgeting and financial decisions. |
| Topics Covered |
| Planning budgets - The purposes of budgeting - Operating budgets and the value chain - Budget administration Introducing budget types - The limiting factor and the sales budget - The production budgets and types of cost - The purchasing and departmental budgets - The master and cash budgets The planning process - Strategic planning - Planning revenue budgets Cost-volume-profit analysis - Introduction to CVP analysis - Determining the breakeven point Financial decision making - Using CVP for decision making - Hands-on: Using CVP analysis |