Business skills

Successful budgeting

Organisations frequently delegate responsibility for budget preparation and control to line managers who have had no training to prepare them for the responsibility of effectively managing a key resource.

Cost: £475 + VAT

Duration: 1 day(s)

Available dates and locations

London
- Tuesday 19/06/2012
- Friday 21/09/2012
- Monday 22/10/2012
- Monday 19/11/2012
- Thursday 20/12/2012

Understand the 7 steps to successful budgeting – a guide to the key areas to master to help your success for your organisation
Recognise importance of effective preparation in establishing realistic budgets
Identify the need to monitor and take effective control of the action and learning of tracking expenditure and variances

Any manager about to have budgetary responsibility orrequiring effective budget management.

Understand the basic principles of budget preparation and control
What are the barriers to successful budgeting?
Considering what stops us from being effective at budgeting
Good reasons for budgeting – benefits to the organisation of the delegated budget
The basic principles of budgeting: income and expenditure, capital and cash, approaches to budgeting and different types of budgets
Preparing forecast profit and loss, balance sheet and cash flow to understand where we want to be
Cost behaviour and its relevance to budget setting and control – knowing the sensitivity of your costs to variations in output will help you understand what is happening to your figures
Budget setting exercise – a practical exercise in setting a departmental budget with realistic constraints
Budgeting for profit
The budget cycle – how it all comes together
Planning and preparation for budgeting – what it takes to be effective in your preparation

Payment:
Must be made in full no later than 14 working days prior to the course start date.

Transfers:
The following charges will apply if you wish to transfer your booking to a later course date:
21+ working days before a course = 0% of the course fee
5-20 working days before a course = 50% of the course fee
1-4 working days before a course = 100% of the course fee

To transfer a delegate please call us on 0800 022 3410.

Substitute delegates:
You can transfer a place on a course to a substitute delegate free of charge.

Cancellations:
The following charges will apply if you wish to cancel a course:
21+ working days before a course = 20%
1-20 working days before a course = 100%

Cancellations must be received in writing via email to courses@capita-ld.co.uk and must contain the full booking details including organisation name, booking and delegate contact details.

For full terms and conditions please see Terms and conditions page, for other queries please refer to our frequently asked questions page.

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Enquiries

For more information on any of our services contact:

E: enquiries@capita-ld.co.uk
T: 0800 022 3410

Registered office: 71 Victoria Street, Westminster, London SW1H 0XA. Registered in England No. 02299747

Capita Learning & Development is a trading name of Capita Business Services Ltd. Registered office and registered number as above. Part of Capita plc.