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Gain a solid understanding of budgeting and learn key budgeting skills and techniques to take into the workplace.
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Understand the benefits of budgeting
Using a budget helps businesses make informed decisions. It gives you a greater understanding of your revenue and provides a plan for the future.
On this three-week course, you’ll delve into the benefits of budgeting as you explore why and how you should budget.
You’ll explore different approaches to budgeting, including top-down, bottom up, and periodic to understand which approach works best for your context.
Explore sources of information
To help you start to prepare a budget, it’s important first to know your sources of information.
You’ll learn which sources of information you’ll need to use in your budget as you explore the difference between data and information.
Delve into costing
You’ll gain an understanding of management accounting and costing, and how to use it in business.
This knowledge will help you categorise costs to ensure you know how to estimate all cost elements of work within your business.
Learn from the experts at Kaplan
Throughout the course, you’ll be guided by the finance specialists at Kaplan.
Learning from their expertise, you’ll finish the course with the knowledge and skills to start creating insightful and accurate budgets.