How to create a budget
This online course explores how to plan and create budgets from scratch, ensuring you invest and monitor your organisation’s funds in the right way.
Course Type
E-learning
Length
10 - 30 mins
What you’ll achieve
When you’ve completed the course, you’ll understand:
- how to monitor costs and revenues using variance analysis
- how budgets link to your profit calculations and cash flow
- how to build an operational budget, including how to plan for changes in both prices and volumes.
About this course
Every business needs to plan its expected income and expenditure, and ensure available funds are spent in a considered way. However, this can become a complex task given the many factors at play.
This online course will help you to look at the bigger picture when setting your budgets and provide you with a firm action plan.
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
- Revenue budgets
- Information sources and cost behaviour
- Activity changes
- Seasons
- Technology
- Social trends
- Economy
- Completing a budget and calculating profit
- Monitoring budgets
- Variance analysis
- Flexed budget
- The need to use information to reforecast
How to access
How to create a budget 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.
