Overview
Budgeting Processes Course
This financial budgeting course will teach you about the entire budgeting process from start to finish, including how to create a disciplined culture of budgeting in your organization, the various methods for building budgets, techniques to analyze results, and how to increase the chances of organizational performance improvements.
Who should take this course?
This course on budgeting processes is designed for those responsible for financial management and budgeting within their organizations. This may include professionals working in financial planning and analysis (FP&A), accounting, treasury, financial reporting, and corporate development.
Budgeting Processes Learning Objectives
- Explain the role budgeting plays in helping companies execute on their strategy.
- Explain the four main categories of performance measures used by companies.
- Define the top reasons that companies should engage in budgeting.
- Recommend the critical components of a master budget.
- Define the main steps that make up the budgeting process.
- Explain why the degree of budget participation is essential for motivating managers.
- Identify and explain the four most common approaches to budgeting.
- Identify the main tenets of 'Beyond Budgeting'.
- Calculate variance and categorize items as favorable or unfavorable.
- Define the role that dashboards play in the budgeting process.
Prerequisite Courses
Recommended courses to complete before taking this course.
Level 2
1h 44min
100% online and self-paced
Field of Study: Finance
Start LearningWhat You'll Learn
Building a Robust Budgeting Process
A Practical Guide To Developing Budgets
Tracking Budget Performance With Variance Analysis
Applied Budgeting Tools And Techniques
Course Conclusion
Qualified Assessment
This Course is Part of the Following Programs
Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.
Financial Planning & Analysis Professional
- Skills You’ll Gain Accounting, Finance, Excel, Data Analysis, Financial Statement Analysis, Financial Modeling, Budgeting, Forecasting, Power Query, Power BI, Data Visualization, Economics, and more
- Great For The FPAP certification focuses on practical, desk-ready skills that are immediately applicable to current FP&A professionals or anyone seeking to land a role in FP&A
