This course is ideal for new and existing budget holders who want to learn how to take the pain out of managing budgets.
- The Master Budget and the Budgeting Cycle
- Forecasting techniques
- Cash is not Profit!
- The language of Costs and Costing
- Allocation and apportionment of Costs
- Calculating breaking even
- GAAP, IFRS and Accrual Accounting
- The Income (Profit and Loss) Structure
- Monitoring and reporting the variances
- The Decision Tree
- Cost Benefit Analysis
- Opportunity Costing
- The Balance Sheet and P & L
- Introducing key financial ratios
- Calculating Working Capital
- The Working Capital Cycle
- Working Capital “culprits”
Did You Know? You will get free DCM Membership if you decide to book the Budgeting Training Course. As a member company, you will have access to 100's of free courses for your team.