Need to understand your personal budget or you are a treasurer for a club or society?
This course will cover the following topics:
- Getting to grips with budgeting principles
- Understanding the basics of costing products
- Learning to forecast with greater accuracy
We’ll take you through the absolute essentials of budgeting, starting with unpicking all the financial jargon, so you’ll leave with a deeper understanding of financial terms and greater confidence in controlling budgets, including:
- Why budgeting is so important for your business
- Building your business strategy
- How to create, implement and monitor your budget
- Accurate product costing
- Understanding overhead allocation
- Forecasting income and expenditure
- Techniques for forecasting
- The factors that influence our decisions
- Tackling ratio analysis
- An overview of management accounts and financial reports, from balance sheets and cash flow to profit and loss
If you have any questions, please email: sutraining@bucks.ac.uk