Course ID: BFNFM

Budgeting for Non-Finance Managers

This highly interactive, one-day course demystifies finance for non-financial budget holders. It’s the perfect opportunity for spending officials to understand how and why budgets are prepared. This training can be tailored to a specific organization’s budgeting needs.

In-person CPE credit: 6.0
Live webcast CPE credit: 6.0

Learning Objectives

After completing this course, you will be able to:

Recognize the value that budgeting brings to a business.
Distinguish between different approaches to setting budgets.
Analyze cost behavior to ensure accurate budget figures.
Identify how the components of a budget are put together and managed, including limiting factors and cash budgeting.
Analyze a set of management accounts to ‘make the numbers talk’ and inform business decision-making.

Major Topics

Understand the role of budgeting in delivering organizational success.
Explore different approaches to budgeting.
Practice with a range of tools to build and manage a budget effectively.
Review performance against budget to develop value-adding strategies.

Who Should Attend

This program is ideal for any manager or spending official whose role requires an understanding of finance. This includes:

Managers with budgetary responsibilities.
Managers who oversee any income or expenditure.
Managers whose decisions have financial implications.

Fields of Study

Business Management & Organization

Prerequisites

Delegates will find it easier to engage with this course if they have some understanding of financial statements. Delegates without this understanding are advised to consider Finance for Non-Finance Managers (Part 1) which complements this course.

Provider

Business Learning Institute

CPE Credits

6.0

Level

Intermediate

Markets We Serve