Introduction to Budgeting

20-06-2018

These materials are from the Introduction to Budgeting events which are part of our 'Essentials' range of network workshops. This course takes delegates through a series of sessions designed to provide them with a better understanding of how to set realistic budgets, to identify and analyse budget variances, to perform effective on-going budget monitoring and provide meaningful budget forecast information.


The event looks at the overall corporate budget monitoring process and the role and responsibilities of a budget holder. It also looks at cost behaviours and profiling as well as explaining the difference between capital and revenue and the difference between net and gross income and expenditure. It goes on to look at how to identify and analyse variances between your planed budget and actuals and explaining why these variances have occurred. Finally, the event explains how your budget should be linked to your service plan and how planned service expenditure can be used to estimate expected future levels of income and expenditure. The event finishes by looking at how budget building approaches such as incremental budgeting and zero based budgeting can be used to determine the most appropriate methodology to use when building your own budget.



Introduction_to_Budgeting_Presenter_slides_Final

PDF 1723 KB

Download now

Exercise_1_Question

DOCX 13 KB

Download now

Exercise_1_Answers

DOCX 18 KB

Download now

Exercise_2_Question_and_answers

DOCX 15 KB

Download now

Exercise_3_Question

DOCX 13 KB

Download now

Exercise_3_Answers

DOCX 15 KB

Download now

Exercise_4_Question

DOCX 24 KB

Download now

Exercise_4_Solution

DOCX 20 KB

Download now