Effective Budget preparation & Budgetary Control – essential for business success
Topics: Budget: It’s meaning, objects, benefits, types, etc. Guidelines for preparing effective budget by using statistical data Realistic growth setting under SMART principle Significant management directives for annual budget preparation – coordinating among other teams/Divs. Variance analysis (periodical) & curative action to attain budgeted goal Practical Budget preparation (case studies) –budget revision & exercising professional Budgetary Control Causes of unsuccessful budgeting and precautions to reduce these limitations Note: After completing every lesson click on the “COMPLETE” button the go to the next lesson. Must set up your first name, last name, and display name from settings of your profile for …
Curriculum
Curriculum
- 1 Section
- 23 Lessons
- 204 Weeks
- Effective Budget preparation & Budgetary Control - essential for business success23
- 2.1Class Materials
- 2.2Introduction4 Minutes
- 2.3Overview8 Minutes
- 2.4What is Budget14 Minutes
- 2.5Types of Budget8 Minutes
- 2.6Importance of Budget1 Minute
- 2.7Why should we budget2 Minutes
- 2.8Why budgeting is so important2 Minutes
- 2.9Management involvement2 Minutes
- 2.10Characteristics of budget2 Minutes
- 2.11Strategic plan2 Minutes
- 2.12Phases of budget3 Minutes
- 2.13Importance of capital budgeting2 Minutes
- 2.14Budgeting Format2 Minutes
- 2.15Revenue26 Minutes
- 2.16Expenses8 Minutes
- 2.17Forecasting17 Minutes
- 2.18Budget revision1 Minute
- 2.19Motivation mix6 Minutes
- 2.20Consistency2 Minutes
- 2.21How to prepare a budget6 Minutes
- 2.22Implementation & follow up stage2 Minutes
- 2.23Limitation of budgeting system5 Minutes
Overview
Topics:
- Budget: It’s meaning, objects, benefits, types, etc.
- Guidelines for preparing effective budget by using statistical data
- Realistic growth setting under SMART principle
- Significant management directives for annual budget preparation – coordinating among other teams/Divs.
- Variance analysis (periodical) & curative action to attain budgeted goal
- Practical Budget preparation (case studies) –budget revision & exercising professional Budgetary Control
- Causes of unsuccessful budgeting and precautions to reduce these limitations
Note:
- After completing every lesson click on the “COMPLETE” button the go to the next lesson.
- Must set up your first name, last name, and display name from settings of your profile for your certificate.
- don’t click on the “FINISH COURSE” button.
- If you click on the “FINISH COURSE” button then the course will be finished and a Certificate will be generated.
- More details: https://thrivingskill.com/faqs/
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