Budgeting for non financial managers

This one-day Budgeting course is for anyone struggling to put together and manage a budget. It takes a practical, hands-on, straightforward approach to budget making and will give invaluable tools and techniques to help you develop and understand your budget.
Struggle with financial language? Then this course is for you!

Contact Us

Contact one of our Training Coordinators on 020 7490 3030, e-mail training@itecskills.ac.uk or through the contact us form for more information and a quote.

A person that is typing on a calculator and they are writing down the information that the calculator produces

Course Details

Course Outline

Budget Management Skills Courses in London

This is finance training that focuses on your budget. The training course looks at the elements of a budget, what to understand before you start to plan the budget, different ways of assembling a budget and how to avoid the common pitfalls. We will look at the tools used to manage a budget and help you to understand the paperwork produced and used in your own organisation.

The course covers:

  • The definition and purpose of a budget.
  • Common pitfalls in the budgeting process and how to avoid them.
  • Different types of expenditure.
  • Practical tips for preparing an effective budget.
  • What a forecast is and how it differs from a budget.
  • Phasing/profiling the annual budget.
  • How to manage the budget.
  • The importance of accruals.

All our training courses are delivered virtually. The webinar systems used do not require software download.

Who Is This Course For?
This Budget management skills course is for managers who need to set and manage budgets but don’t have the expertise or specific training in this area of finance. For anyone without a finance background who wants to learn about budgets in plain English!
What Will This Course Help Me Do : Learning Outcomes?

This training course will help you put together a budget that stands up to external scrutiny – by funders, the board and external regulators. This is finance training to give you confidence as well as skills. You will be able to phase your budget accurately over the year so as to understand the peaks and troughs of income and expenditure and you will be able to manage and control your budget to avoid nasty surprises.

“The pace of the course was just right, I really liked the resources in the booklet. Everyone in our organisation should attend this course!”

 

SY, Goldsmiths
“I now feel more confident when dealing with budgets. The course was excellent and the trainer was very knowledgeable and kept the topic interesting.”

 

NT, Goldsmiths
“The trainer was very clear, patient (thank goodness) and thorough in her delivery and explanations. I enjoyed the day and the location and facilities were excellent.”

PD, International Student House
“Very good. I liked the use of practical tasks to help our understanding whilst continually making them relevant to each individual’s situation.”

 

HT, IPPL UK
“The course was very clear and the trainer was happy to explain points and answer questions.”

 

JG, Diabetes UK

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