Start preparing an operational budget.
The course explores the budgeting tool that helps managers for planning, controlling, and forecasting. By focussing on key steps in the budgeting process, you can recognize budgeting concepts and components and identify the trends and variations to meet your target.
Value added topics:
Budgeting process
Operational budget
Forecast sales volume
Gain experience with detailed exercises.
The practical hands-on exercise uses real-world examples. They are designed to provide you with real-world knowledge on how to apply daily cost accounting principles.
This is a standalone course but if you’re interested in more of this type of learning while earning a designation, explore the CGMA® Finance Leadership Program.
Identify the benefits of a budgeting system.
Identify the input required to prepare an operational budget.
Recall how to prepare an operational budget.
Calculate a forecast sales volume based on trend and seasonal variations.
Rational for budgets
Preparing operational budgets
None
Global accounting and finance professionals
Management accountants
CPAs in public practice
Consultancy firm professionals