Course Overview
Outlines the primary elements of budgets, and how they can be used and understood to organise finances, control expenditures, and plan ahead effectively. By learning how to manage fixed and semi-variable costs and forecast income, employees will develop a better understanding of budgets and implement this knowledge in order to improve overall management of finances.
Learning Outcomes
- Understand the various aspects of a budget, such as fixed costs and semi-variable costs, and why they are important for a business
- Prioritise expenditures and assess financial resources
- Understand timescales and how they can aid long-term planning
