Understanding Costs and Budgets in an Organisation

Understanding Costs and Budgets in an Organisation

Who is this course for?

A practising or potential first line manager wishing to develop knowledge and understanding.

What are the benefits of attending this course?

This course will introduce you to the concept of budget management, enabling you to set and manage a budget, taking into account the costs associated with running the section or team for which you are responsible.

What is covered during the course?

  • Financial Terminology
  • Budgets
  • Environmental Scanning
  • Creating and Developing a Budget for a New Activity
  • Costs
  • Controlling and Managing Cost

What skills will you come away with?

By the end of the session you will understand how to agree a budget, operate within it whilst gathering information for the monitoring and revision of budgets. You will understand the value of standard costing and its role as a control mechanism

If you would like more information or to attend this course, please enquire below.

13 + 14 =

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