Effective Budgeting and Beyond
- Learn how to tie strategy to effective annual budgets
- Get practical tips to improve budgeting in your organisation
- Identify critical success factors for your organisation
- Understand how winning organisations harness the power of Balanced Scorecard
- Develop Key Performance Indicators that will help you to deliver results
What to expect
- 24 months post training support included .
- Tailored and bespoke programme options .
- Our experienced training and logistics team in the last 24 years have assisted 218,954 people .
- Over 14,417 organisations trained .
- We are rated 'Excellent' on Trustpilot and 98.8% of our customers recommend us .
- Delivery UK wide and international (75+ countries delivered) .
Suitability - Who should attend?
Any manager responsible for delivering organisational objectives and targets; managers in charge of developing frameworks for improving public or private sector performance; all managers responsible for preparing and controlling departmental budgets.
This course is an example of a selection from our financial management for non finance managers courses.
Training Course Content
Budgeting's place in the planning framework
Creating and articulating the organisation's vision and objectivesOrganisational stakeholders and balancing their objectives
The planning horizon
A framework for strategic planning
Tools for strategic analysis
Understanding and managing risk
Budgeting essentials
Linking budgets to strategic objectivesIdentifying tactical objectives
Identifying constraints and the limiting budget factor
Assigning responsibility for budget objectives
Making sure objectives are integrated
People and budgets; using budgets to motivate
Practical budgeting
The budget manualThe sales budget
Overhead budgets
Capital expenditure budgeting
Cash budgeting
Preparing the master budget
Business seasonality, trends and budget phasing
Budget implementation
Monitoring financial and other dataDesign of budget reports
Four golden rules for good feedback reporting
Alternatives to traditional budgeting
Zero-based budgetingActivity based budgeting
Criticisms of conventional budgeting
Beyond budgeting
Using rolling forecasts instead of static budgetsIdentifying key business drivers
Business modelling with Excel
Implementing rolling forecasts
Balanced Scorecard and KPI's
The four perspectives of the Balance ScorecardThe 'three step' approach to developing Balanced Scorecard
Identifying critical success factors
Using Balanced Scorecard to develop Key Performance Indicators
Aligning the KPI's with long term strategy
Practical implementation of a Balanced Scorecard
Real life examples of successful implementation
Expenses
Prices on application. Contact us for quote.
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Reviews by course attendees
Average rating 4.5
Most useful topic: Working through the exercises
The Course is was very advance therefore I was not able to follow and understand some of the modules covered and complete the excel forecasts case studies. This course is more a...
STL
Helping businesses improve performance with proven learning and development solutions. London-based with a global reach. STL seek to provide an unrivalled value and quality service, enabled by our strong working culture. Our 500+ courses deliver learning solutions across leadership and...
i think the course title should be changed