Every business needs to plan its expected income and expenditure, and ensure available funds are spent in a considered way. However
10 - 30 mins
Information sources and cost behaviour
Completing a budget and calculating profit
The need to use information to reforecast
What you'll achieve
When you’ve completed the course, you’ll understand:
how to build an operational budget, including how to plan for changes in both prices and volumes
how to monitor costs and revenues using variance analysis
how budgets link to your profit calculations and cash flow.
Who it's for
This course is perfect if you're:
running your own business and looking to improve your financial acumen
in a non-financial role but are involved in setting and creating budgets
looking to upskill by bolstering your basic finance skills.
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.