Manage Budgets and Financial Plans
Managing a business unit's finances is a crucial part of a manager's role. This course provides an overview of a range of budgeting and financial planning activities and how they relate to an organisation's strategic goals. It is designed to give participants an understanding of the budget cycle and the skills required to set and monitor the performance of a budget at the business unit level.
Designed for
Supervisors and team leaders with financial or budget responsibilities who are seeking to improve their financial decision-making skills and increase their knowledge of budgeting processes.
Course Content
- Budgets and strategy
- Types of budgets
- Developing a budget
- Implementing a budget
- Monitoring a budget
Learning outcomes
- Set financial goals
- Identify different types of budgets
- Understand the budget cycle
- Develop business unit budgets
- Monitor performance against budget