This course is designed to enhance your knowledge of organisation structures, as well as improve your budgeting and forecasting skills for core business operations. You will be provided with ideas for improving the effectiveness of your organisation’s budgeting and forecasting.
The role of budgeting is addressed, along with the most common criticisms of budgeting and alternative suggestions for the allocation of resource inputs and for determining output expectations are provided.
This course also aims to provide you with conceptual and technical skills to develop better and more informed estimates and forecasts for operational activities and the financial consequences of organisation performance. Being aware of the different tools available for forecasting is a useful foundation for performing more robust analysis, review and forecasting in your organisation.
Key topics:
- The business/budgeting framework
- The macro-economic environment
- Is budgeting relevant?
- Forecasting, Time series forecasting
- Regression analysis - Causal forecasting, Goal seeking and solver
- Forecasting - a strategic view
This course consists of one hard copy learning manual and one online assessment.
Want to know more? Click below to view a sample of the learning manual:
