Once your business is operational, it’s essential to plan and tightly manage its financial performance. Creating a budgeting process is the most effective way to keep your business – and its finances on track. A little advance planning can help avoid short-term shortages of cash. One useful tool for planning the use of capital in a business is a cash flow budget.
The key benefit of Budgeting cash flow and management is that it allows you to create a focus for the direction of your business and provides targets that will help your business grow. It will also give you the opportunity to stand back and review your performance and the factors affecting your business. This course outlines the importance of budgeting cash flow and management accounts – Level 3 and explains how to go about it. It suggests action points to help you manage your business’ financial position more effectively and ensure your plans are practical.
In order to complete the course successfully, learners will take an online assessment. This online test is marked automatically, so you will receive an instant grade and know whether you have passed the course.
Upon the successful completion of the course, you will be awarded the ‘Budgeting Cash flow And Management Accounts - Level 3’ certificate accredited by CPD.
Once you successfully complete the course, you will gain an accredited qualification that will prove your skills and expertise in the subject matter. With this qualification, you can further expand your knowledge by studying related courses on this subject, or you can go onto getting a promotion or salary increment in your current job role. Below given are a few of the jobs this certificate will help you in, along with the average UK salary per annum according to Payscale.
Introduction | |||
1.1 Introduction to the course | 00:10:00 | ||
All About Budgeting | |||
2.1 All about budgeting | 00:16:00 | ||
2.2 Budget excel Example template | 00:12:00 | ||
Preparing & Presenting A Budget | |||
3.1 Preparing & presenting a budget | 00:15:00 | ||
Project Budgeting | |||
4.1 Project Budget | 00:13:00 | ||
4.2 Project budget template | 00:07:00 | ||
Direct, Fixed & Variable Costs | |||
5.1 Direct, Fixed & Variable Costs | 00:12:00 | ||
Cashflow Forecasts | |||
6.1 Overview | 00:14:00 | ||
6.2 Cashflow forecast doing it | 00:06:00 | ||
6.3 Input expenses | 00:11:00 | ||
6.4 Adding up the net cash flow | 00:09:00 | ||
6.5 Budgeting and Cashflow and Man Acs for NFP | |||
6.6 Budget outline cashflow and man Acs for NFP checklist | |||
Management Accounts | |||
7.1 Management accounts | 00:15:00 | ||
7.2 Management accounts using excel example | 00:12:00 | ||
Conclusion | |||
8.1 Conclusion | 00:06:00 | ||
Mock Exam | |||
Mock Exam: Budgeting Cash Flow and Management Accounts | 00:40:00 | ||
Final Exam | |||
Final Exam: Budgeting Cash Flow and Management Accounts | 00:40:00 | ||
Certificate Download Guide | |||
Certificate Download Guide | 00:02:00 |
Kaye Weatheritt
I enjoyed working through this course. I feel a lot more confident with budgets now.
Sarah Horton
Clear and easy to follow.
Shay Parry
This is a great course and I have learned the process and gained insights into budgeting and management accounts.
Skyler Dean
Great material and well organised for a busy professional like me.
Angel Cunningham
There are many examples so that I don’t have to conceptualise everything and the material is more comprehensible that way.
Ryan Rose
I have learned a lot from this course and I think it will enable me to make sense of the more complicated concepts as I progress in my career.