Course description
The budget monitoring and control online assessment can assess how well you and/or your staff are able to monitor and control their budgets. This knowledge is fundamental to effective financial management. Budget monitoring requires an accurate base budget to compare with actual expenditure. Budget monitoring needs to be undertaken on a regular basis. However, this is not always the case. Anyone responsible for budgets should have a base level of skill and ability in this area and be able to take control of their budgets.
Organisations wishing to achieve value for money from their resources need effective budget monitoring and control. Our online assessment in this area is an excellent tool for organisations to use to identify and improve their staff skills. It is one of a range of online competency assessments available.
Upcoming start dates
Suitability - Who should attend?
This is a very useful tool for anyone responsible for a budget at whatever level in their organisation.
All staff responsible for a budget.
Outcome / Qualification etc.
A free completion certificate is available on request.
Training Course Content
The topic areas covered in the assessment includes:
• Budget Monitoring Process
• Income and Expenditure
• Commitment Accounting
• Variance Analysis
• Calculating Variances
• Reasons for Variances
• Taking Action to Control Variances
• Monthly Monitoring Routines
• Projecting Outturns
• Financial Management Information
• Budget Monitoring Reports
Course delivery details
Bespoke assessments can also be developed to target specific areas of staff knowledge required by the organisation.
The budget monitoring and control online assessment provides access to our assessment tool; three attempts at our online questionnaire; and a feedback report showing the level of competency achieved in two areas – underpinning knowledge and practical application.
Why choose HB Publications and Training International
30 years in business and still going strong
10 off-the-shelf finance courses and many more bespoke
Excellent participant feedback - thousands over the years
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HB Publications and Training International
HB Publications and Training International provides financial management training for the public and non-profit sectors. This includes financial training in all areas of budgeting, managing budgets, financial planning, financial management and financial strategy. Other topics are also covered including fraud...