Budget Management - One Day Course
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This course is designed for members of the management team who are becoming responsible for managing budgets. The day will consist of short talks, discussion and individual and group exercises. It will be highly participative and tailored to the needs of the participants from assessment of pre course questionnaires.
If possible delegates should bring a copy of their current budgets with them to the course
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Course Objectives
By the end of the course, delegates will have:-
• Understood the reasons for budgets an the importance of budgeting
• Understood management accounting concepts, tools and language
• Reviewed how to set, manage and monitor budgets
• Explored techniques and methods for cost control and reduction
• Reviewed the manager’s need to consider the costs and budgetary implications of capital expenditure
• Established each managers key financial/budget ratios for future monitoring
• Reviewed ways of applying all of the above to your Organisation
