Complete Capital Budgeting & Variance Analysis Master Class!

Your guide to become a professional Budgeting Analyst , Monitor your Performance and strategize your Business !

4.40 (20 reviews)
Udemy
platform
English
language
Finance
category
instructor
Complete Capital Budgeting & Variance Analysis Master Class!
3,793
students
4 hours
content
Apr 2024
last update
$49.99
regular price

What you will learn

Gain a comprehensive understanding of budgeting principles, including the purpose of budgets, different types of budgets.

Develop the skills necessary to prepare various types of budgets, including sales budgets, production budgets, operating budgets and capital budgets.

Learn variance analysis methods to compare actual performance against budgeted figures.

Evaluate organizational performance based on budgeted targets and actual results.

Apply budgeting and variance analysis techniques to support decision-making processes within organizations.

Develop effective communication skills to present budgeting information to stakeholders, such as management, investors, and employees.

Understand the role of budgeting and variance analysis in managerial control processes.

Recognize the strategic implications of budgeting decisions and variance analysis results.

xplore ethical issues related to budgeting and variance analysis, such as bias in budget setting, manipulation of figures, and accountability for variances.

Why take this course?

Have you ever been driving a car without a navigator and you don’t even know the way?

I want you to picture that situation!

In Business, running a company without a Budget is the same as driving a car without a navigator!

And now, after you got a bit of a glimpse about the importance of budgeting, are you ready to move to the next step?

Do you want to take your skills up a notch and distance yourself from the crowd?

Are you interested in showing your managers your real worth and participate in shaping your company’s future?

If the answer is “YES”, congratulations, you are in the right place already.

Rest assured, you are in safe and expert hands!

Wondering how would that course qualify you with in-depth real market-based knowledge?

HERE WE GOOOO!

That course will cover:

· Introduction to Budgeting

· Characteristics and Objectives of Budgeting

· Approaches to Budgeting

· The Budgeting Process and Practical steps

· Types of Budgets

· Behavioral Aspects of Budgeting

· Real Life Case Scenarios

· Comprehensive Variance Analysis

· Market-based Examples

· So Many More Topics


You will have a golden chance to shine and get qualified in a very hot topic. If you review the Finance and Accounting employment & talent acquisitions requirements; you would know that Budgeting and Variance analysis are hot and highly paid.

I can’t wait to help you along that interesting journey!

Please sign up to the course and let’s start the hard work.


Content

Introduction

Table of contents
Course Introduction
What You Expect Out Of This Course
Tutor Introduction

Characteristics & objectives of Budgeting

What Is Budgeting?
Importance Of Budgeting
Characteristics Of Budgeting
Objectives Of Budgeting

Approaches to Budgeting

Top-Down Budget
Bottom-Up Budget
Participatory Budgeting
Non-Participatory Budgeting
Let's Communicate and come together!

The budgeting Process

Budget Committee Meets
Identify The Principal Budget Factor
Prepare The Sales Budget
Prepare The Functional Budgets
Negotiation Process
Review Process
Formal Acceptance Of The Budget
Business Budgeting Ideas!

QUICK WINS

Build The Right Budgeting Team
Be Aware Of Financial Relationships
Utilize The Right Tools
Share It!
First Course Assessment

Types of budgets

Incremental Budgeting
Zero-Based Budgeting (ZBB)
Continuous Budgeting (Rolling' Budgets)
Activity-Based Budgeting (ABB)
Fixed Budgets
Flexible Budgets
Flexible Budgets Example

Behavioral Aspects of Budgeting

Behavioral Aspects Of Budgeting
Promoting Goal Congruence
Dysfunctional Behavior
Participation Of Employees In Negotiating Targets
Full Budgeting Case Scenario

Comprehensive Variance Analysis

An Overview Of The Whole Budgetary Process
What Are Variances?
Standard Costs
Main Parts Of Standard Costs
Elements Of Variance Analysis
Material Variances
Labor Variances
Variable Overhead Variances
Fixed Overhead Variances
Sales Volume Variance
Case Study - Your Turn

Wrapping Up & Conclusion

Wrapping Up And Conclusion
Wrap Up
Conclusion On Budgeting

Extra Lectures!

Business Forecasting

Screenshots

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Reviews

Bethann
November 3, 2021
The lecturing part was great. The examples were great. I wish that we were sent all the spreadsheets as the variances were gone over instead of just the first one. I learn better if I can enter info at the same time. Also the Sales Volume Variance equations don't have any descriptions which makes it a little confusing.
Vincent
August 19, 2021
So far this course is not a good match. Redundancy and filler dialog seems to dominate the course. Hopefully there is valuable information later in the course.
Ahmed
September 27, 2020
The course explained the importance of budgeting in an easy way. Strangely enough, not many companies take business budgeting seriously. I will try to apply the rules of that course in my company.
Shaymaa
September 24, 2020
Excellent course and competent tutor, teaching is based on practical examples. It requires hard working, but it’s worth it!

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Related Topics

3516244
udemy ID
9/21/2020
course created date
5/26/2021
course indexed date
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