The basics of budgeting
This online course will help you understand the theory behind effective budgeting and the common challenges you’ll need to overcome when planning your finances.
Course Type
E-learning
Length
10 - 30 mins
What you’ll achieve
When you’ve completed the course, you’ll understand:
- the theory behind effective budgeting and how it contributes to the organisation’s vision and strategy
- potential pitfalls that you might encounter during the process of setting a budget
- the different methods used to plan budgets.
About this course
Every business needs to have an eye on the money coming in and out. Planning this through budgeting is a fundamental part of sound business management.
This online course will familiarise you with key budgeting principles, ensuring you’re positioned to contribute to your own plans.
This course is perfect if you're:
- a finance professional looking to refresh your basic finance skills and follow best practice
- running your own business looking for practical skills to monitor and manage your financial operations
- an organisation looking to roll out on-demand training to finance staff.
Overview
E-learning |
|
10 - 30 mins |
|
Budgeting |
Syllabus
This course covers:
- Vision and strategy
- Who plans and writes the budget?
- Types of budgets
- Capital, revenue and cash
- Capitalisation threshold
- Performance
- Targets
- Slack
- Contingency
- Budget holder's rivalry
- Suboptimal
- Methods
- Incremental
- Zero based
- Priority based
- Break even
- Allocating overheads
How to access
The basics of budgeting is a 30-minute session including video tutorials and interactive learning to test your knowledge as you learn. You can purchase this course on its own or discounted as part of the AAT Business Finance Basics bundle.
Once purchased you will be able to access the AAT Learning Portal where you'll have 12 months from the date you access the learning materials. AAT Learning Portal allows you to view all the courses you’ve purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.
