Call us on 01732 897511
01732 897511
Thursday 9th February 2012
Budgetary Control
Description
A one day course which explains the importance of costs and their controls in organisations. Delegates will learn about the nature of different costs and techniques for their control and management. Also the nature of budgets and their construction and use plus a range of techniques for the evaluation of projects and investments.
Who is this recommended for?
- Anyone with a need for a better understanding of finance
- Anyone who has a responsibility for operating within a budget
- Any manager or supervisor with profit responsibility
What will you learn?
- The different types and nature of costs
- The importance of cost control to an organisation
- The relevance of budgeting to all organisations
- The importance of project / investment evaluation
Course content
- Analysing cost types
- Fixed and variable costs and their effects
- Break - Even analysis and when to use it
- Cost - Benefit analysis
- Standard Costing & Variance analysis
- A range of budgeting techniques and their applications
- Payback and Accounting Rate of Return analysis methods
- Discounted Cash Flow and when to use it.
Dates for this course
Please contact the team for dates of this course
