Budgeting & Cost Control Training

Businesses often encounter financial difficulties as a result of either inadequate budgeting or errors within the compilation of the budgets.

This Budget & Cost Control training course, which is one of our Business Skills Training programmes, takes a practical approach to financial planning for the organisation and considers the compilation of budgets, how to identify potential problems arising and suggests actions which can be taken.

It also looks at ways of improving financial control using budgets, so as to avoid reduced profits and/or financial problems, providing opportunities for participants to apply the course content to practical examples.

This training course is run privately on dates to suit you at any location and we can tailor the course content to meet your goals. Call us on+44 (0)1273 622272 to discuss your needs.


Course Objectives

Our Budgeting & Cost Control course will teach you:

  • Basic concepts of budgeting
  • Budget types
  • Analysing variances and corrective action
  • Updating and Flexing the budget
  • Preparing the budgets and forecast
  • Budgeting to control costs

Who is this course for?

Administrators & financial workers looking to improve their budgeting skills and small businesses who want to take a practical approach to their finances.

Module 1: What is the purpose of a Budget?

  • Introduction to Budgeting
  • Budget Preparation
  • What is the Purpose?
  • Benefits of Budgeting
  • Disadvantages of Budgeting

Module 2: Key Terminology

  • Key Components
  • Budget Manual, Period, and Committee
  • Financial Terminology
  • Profit and Loss
  • Balance Sheets

Module 3: Understanding Cost

  • Concepts, Classification, and Behaviour of Cost
  • Patterns of Cost Behaviour
  • Determining the Fixed and Variable Elements of Semi-Variable Costs
  • Cost Variance

Module 4: Methods of Measuring Financial Performance

  • Basics of KPIs
  • Metrics, Measures, and Targets
  • Ratio Analysis
  • Analysing Trends in Financial flows
  • Break-Even Analysis and Contribution
  • Break-Even Point
  • The Contribution/Sales (C/S) Ratio
  • The Margin of Safety
  • Break-Even Charts
  • The Profit/Volume (P/V) Graph

Module 5: Budgeting Techniques

Module 6: Overall Management of the Budget

  • How to Build a Budget?
  • Budget Control Cycle
  • Incremental Budgeting
  • Zero-Based Budgeting
  • Framework for Budgeting
  • Budget Manual and Preparation
  • Flexible Budgeting
  • Budget Review

Keypoints

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Starting Price:£1095

Duration:1 Day

Budgeting & Cost Control Training Calendar

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Starting Price:£1095

Duration:1 Day

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Buxton, UNITED KINGDOM

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Duration : 1 Day

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9 Jul 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Corby, UNITED KINGDOM

duration

Duration : 1 Day

dates

9 Jul 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Derby, UNITED KINGDOM

duration

Duration : 1 Day

dates

9 Jul 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Hinckley, UNITED KINGDOM

duration

Duration : 1 Day

dates

9 Jul 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Leicester, UNITED KINGDOM

duration

Duration : 1 Day

dates

9 Jul 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Lincoln, UNITED KINGDOM

duration

Duration : 1 Day

dates

9 Jul 2021

£2195

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

11 Jun 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

9 Jul 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

13 Aug 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

10 Sep 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

8 Oct 2021

£795

Budgeting & Cost Control Training

Best Selling Course in UNITED KINGDOM

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Virtual, UNITED KINGDOM

duration

Duration : 1 Day

dates

12 Nov 2021

£795

Budgeting & Cost Control Training

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Your Online (Budgeting & Cost Control Training) Package

Upon purchase you will receive a password via the email you used to purchase the course.

You will then be able to login to our online learning platform with your email and password.

You will have access to the platform for 90 days to complete your course.

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Our Onsite/In-house Training method is most selected by organisations, as it allows them to train their employees at their choice of place. We can also tailor the course content to focus on your needs.

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To win in this competitive world, you need to be constantly moving forward, and Silicon Beach Training is the one that can help you. Our courses are highly engaging as we have high-quality and certified training courses for both individuals and organisations that are structured in easy to digest modules. We don't compromise on the quality of our trainers. We have:

Our Clients

With extensive experience working with large organisations, national and local government, universities, charities, SMBs and individuals we believe that no client is too big or too small. This creates a diverse atmosphere on our scheduled courses with the opportunity to discuss solutions for a wide range of problems. We excel at developing bespoke training solutions for prestigious clients including EDF Energy, Sport England and Tesco PLC.

Banco Central Do Brasil

Nationwide Building Society

EDF Energy

EDF Energy

Sport England

Sport England

Tesco PLC

Tesco PLC

Imperial College London

Imperial College London

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