skill area: FINANCE & ACCOUNTING
Manage Budgets and Financial Plans
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What will you learn
- Show how financial planning, budgets, corporate objectives and long-term plans are related
- Explain the interlinking of the various budgets within the business
- Construct various budgets, including the master budgets from relevant data
- Use a budget to provide a means of exercising control over the business
- Master the skills that are needed for budgeting succession
- Understand why managers need to measure and manage budgeting
Programme Outline
- Plan financial management approaches
- Implement financial management approaches
- Monitor and control finances
- Review and evaluate financial management processes
Duration: 2 days (16 hours)