4.00 (10 reviews)
☑ Business Budgeting
☑ Variance Analysis
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.
Table of contents
What You Expect Out Of This Course
Characteristics & objectives of Budgeting
What Is Budgeting?
Importance Of Budgeting
Characteristics Of Budgeting
Objectives Of Budgeting
Approaches to 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
Formal Acceptance Of The Budget
Business Budgeting Ideas!
Build The Right Budgeting Team
Be Aware Of Financial Relationships
Utilize The Right Tools
First Course Assessment
Types of budgets
Zero-Based Budgeting (ZBB)
Continuous Budgeting (Rolling' Budgets)
Activity-Based Budgeting (ABB)
Flexible Budgets Example
Behavioral Aspects of Budgeting
Behavioral Aspects Of Budgeting
Promoting Goal Congruence
Participation Of Employees In Negotiating Targets
Full Budgeting Case Scenario
Comprehensive Variance Analysis
An Overview Of The Whole Budgetary Process
What Are Variances?
Main Parts Of Standard Costs
Elements Of Variance Analysis
Variable Overhead Variances
Fixed Overhead Variances
Sales Volume Variance
Case Study - Your Turn
Wrapping Up & Conclusion
Wrapping Up And Conclusion
Conclusion On Budgeting
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.
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.
Excellent course and competent tutor, teaching is based on practical examples. It requires hard working, but it’s worth it!