This course is for those who already possess intermediate financial/budgeting skills, and wish to explore better ways of creating and managing budgets, or those with an existing accountancy qualification.
Please note: this course is run on request.
This course goes beyond the basics of financial management to analyse in more detail what drives sales and costs, including a look at various techniques including balanced scorecard, sensitivity analysis, and some sector-specific models. You will learn how to build a budget model which makes sense for your organisation and reflects your patterns of activity. In addition to budgeting technicalities it includes management of people's behaviour to achieve performance, ensuring teams are motivated and ensuring budgets are appropriately communicated.