Join our dynamic e-course on 'Budgets, Cashflow Forecasting and Management Accounts'! Through engaging videos, master key financial concepts vital for business success. Learn the importance of budgeting and how to create effective budgets. Develop essential skills in project budgeting for project managers and planners. Discover the power of accurate cash flow forecasting and its impact on decision-making. Explore management accounts and reports to make informed business decisions.
Overview
Welcome to 'Budgets, Cashflow Forecasting and Management Accounts' e-course! In this video-based course, you will learn about the key financial concepts that are essential for running a successful business. The course starts with an introduction to budgeting, including the importance of budgeting, the types of budgets and how to create a budget that works for your business. You'll then move on to learn about project budgets, which is an essential skill for anyone who manages projects or is involved in project planning. Next, you will delve into cash flow forecasting, which is a vital tool for any business. You will learn how to forecast cash flows, the importance of accurate cash flow forecasting and how to use cash flow forecasts to make better decisions. Finally, you will explore management accounts and reports. You will learn about the key components of management accounts, the different types of management reports and how to use them to make informed business decisions. By the end of this e-course, you will have a comprehensive understanding of budgets, cash flow forecasting and management accounts, which will help you make informed financial decisions and run your business more effectively. Whether you are an entrepreneur, manager, or just someone interested in financial management, this course is for you!What Will You Learn?
- How to create and manage budgets for projects and businesses
- How to forecast and manage cash flow to ensure financial stability
- How to prepare management accounts and reports for better decision-making
- Understanding of the importance of financial planning and control
- Tools and techniques for financial management and analysis.
Who Should Take The Course
- Business owners and entrepreneurs who want to improve their financial management skills
- Accounting and finance professionals who want to learn more about budgeting and cash flow forecasting
- Managers and supervisors who are responsible for financial planning and decision-making in their organisations
- Anyone who wants to gain a better understanding of financial statements and reports
- Students who are pursuing a degree in business, accounting, or finance
Requirements
To enrol in the 'Budgets, Cashflow Forecasting and Management Accounts' e-course, there are no specific requirements or prerequisites. The course is designed for anyone who wants to learn about budgeting, cash flow forecasting and management accounts, regardless of their educational background or professional experience. However, it is recommended that students have a basic understanding of financial terminology and concepts. It is also recommended that students have access to a computer with an internet connection, as the e-course is delivered entirely online.Course Curriculum
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- Introduction to the course and your tutor 00:09:00
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- All about budgeting 00:15:00
- Example template 00:11:00
- Preparing and presenting a budget 00:14:00
- Project Budgets 00:12:00
- Project Budget Template 00:06:00
- Direct, Fixed and Variable Costs 00:11:00
- Management Accounts 00:15:00
- Example 00:12:00
- Conclusion 00:05:00
Course Reviews
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Very informative course
Highly recommended, thanks!
Thanks so much. I found the information very useful and great job explaining each section.