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Understanding Costs & Budgets | Training Course

The focus of this session is management accounting. You will work through the nature and behavior of costs as well as the impact of profit drivers on performance. You will also explore different approaches to budgeting and their appropriateness, as well as the sources of information available to aid forecasting.
The learning experience
Information
This session is a good starting point suitable for non-financial managers or anyone moving into management who needs to understand financial information they are being presented with and understand the language of finance.
By the end of this session, you will be able to:
- Identify how budgets are put together in your organization and your role in the process.
- Describe the behavior of costs and the impact they have on your budget and performance.
- Explain the impact of the different profit drivers and the influence you can have on the bottom line.
- Define the different types of forecasting to utilize the best approach for your budget
Features
Blended learning journey | |
Available for groups & individuals | |
90-minute & 3-hour expert-led session delivered virtually or in-person | |
6-8 hrs on-demand learning |
Also available as a 90-minute bitesize session and digital playlist | Click here to learn more
For groups & teams
Live session delivered virtually or in-person.
£3000
Starting price + VAT