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Basics of budgeting and cost control

Price: £75 + VAT
Duration: 2 Hours

To provide delegates with the basic tools to produce and use a budget to assist business efficiency.

What will be covered?

  • What is your principal budget factor?
  • The building blocks of the budget
  • Dangers of incremental budgeting
  • Actual and budget – the variances
  • Investigating variances

Who should attend?

  • Those new to participation in the budget process
  • Those who want a better understanding of the important aspects of budget setting and control

Outcome and benefits

Delegates will have a good understanding of:

  • The key aspects of producing a budget
  • Using a budget to monitor costs

Course materials (included)

Delegates receive courseware to refer to throughout the course and as a refresher following the course

Pre-requisites

There are no pre-requisites for this programme.