Description
Budgets and Financial Reports | Intermediate Level | Online Training Course | CPDUK Accredited | Instant Course Access | Includes Assessment & Certificate | Instant Certificate Download.
Welcome to our online Budgets and Financial Reports training course. All our online training courses, programmes and qualifications are accredited by the CPD Certification Service (CPDUK).
Money matters can be intimidating for even the smartest people. However, having a solid understanding of basic financial terms and methods is crucial to your career. When words like ROI, EBIT, GAAP, and extrapolation join the conversation, you will want to know what people are talking about, and you will want to be able to participate in the discussion.
The Budgets and Financial Reports course will give you a solid foundation in finance. We will cover topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.
Certificate duration: 2 years
Entry requirements: No entry restrictions
Recommended prerequisites: N/A
Assessment type: End of course assessment
Assessment pass mark – 80% needed to pass and gain a CPD certificate
Cost(s) of assessment and certification – All costs included in the course price
Awarding/Accrediting body – CPD Certification Service (CPDUK)
Who is the course for?
This online Budgets and Financial Reports training course is suitable for those who want to know more about how to budget and develop financial reports.
What is covered in this course?
This online Budgets and Financial Reports training course includes the following:
- Module One: Getting Started
- Module Two: Glossary
- Module Three: Understanding the Financial Statement
- Module Four: Analyzing Financial Statements, Part One
- Module Five: Analyzing Financial Statements, Part Two
- Module Six: Understanding Budgets
- Module Seven: Budgeting Made Easy
- Module Eight: Advanced Forecasting Techniques
- Module Nine: Managing The Budget
- Module Ten: Making Smart Purchasing Decisions
- Module Eleven: A Glimpse Into The Legal World
- Module Twelve: Wrapping Up.
Course aims
This online Budgets and Financial Reports training course will give you a solid foundation in finance. We will cover topics like; commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.
Learning outcomes
The learning outcomes of this online Budgets and Financial Reports training course are to:
- Identify financial terminology
- Understand financial statements
- Identify how to analyse financial statements
- Understand budgets
- How to make budgeting easy
- Understand advanced forecasting techniques
- Understand how to manage the budget
- Identify How to make smart purchasing decisions
- Identify the legal aspects of finances.
What are budgets and financial reports?
“A budget is a financial plan for a defined period of time, usually a year. It may also include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.”
“A financial statement is a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand.”
Why is this online Budgets and Financial Reports training course essential?
Small business owners often develop and use various management tools for running their companies. Business management tools may relate to the analysis of financial information from the company and performance tools for managing company processes.
Budgets are standard financial tools used to manage a company’s finances; performance reports often relate to an assessment of specific functions in small business environments.