Outcomes:

• Understand what is meant by budgeting;
• Apply the budget function to a business unit;
• Analyse the budget needs of a business unit;
• Prepare a budget proposal; and
• Monitor and Control a budget

What you will learn:

• The Importance of Budgets
• Budgeting and Budgeting Control
• The Purpose of Budgets
• Advantages and Disadvantages of Budgets
• Types of Budgets
• Budgeting Functions
• Zero-Based Budgeting Method
• Historical Budgeting Method
• Monitoring and Controlling
• Budget Variance Analysis

Target Audience:

• Anyone with the aspiration to become a leader and would like exposure to controlling as a management function.
• A mid-level manager, operating within a business, needing to further develop their controlling knowledge and skills.