How to create a budget

£40.00

This online course will empower you to plan and create budgets from scratch, ensuring you invest and monitor your funds correctly.

More Information
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 course will help you to look at the bigger picture when setting your budgets and provide you with a firm action plan.

Length of study 30 minutes
Formats Audio, Drag and drop, Multiple response, Show-me guides, Video
Technical specifications This course works best on a laptop or desktop computer. Once downloaded, it can be completed online or offline. To play videos we recommend modern browsers for an optimal experience.
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
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. 

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