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Managing Budgets - Level 4 Certificate
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Overview : Being able to successfully manage budgets is extremely useful for Project Managers, so if you hope to work …
Overview :
Being able to successfully manage budgets is extremely useful for Project Managers, so if you hope to work in a project environment this course give you a head start. This excellent Managing Budgets – Level 4 Certificate will allow you to build crucial knowledge and skills to do with managing budgets, so you can go on to work in a project or management role. During this Managing Budgets course you’ll gain a full understanding of budget management, including: the budget as a policy statement, understanding budgets, and financial information related to budgets.The Level 4 Certificate in Managing Budgets will help you recognise the functions of budgeting and how to operate a budget. Learn to monitor finances and make effective decisions. A budget that is well-managed will help you achieve organisational goals more efficiently. Businesses need a budget, but it should be one that benefits the organisation as a whole. Qualifying in this course will give you the opportunity to demonstrate your skills in budgeting that will benefit your future prospects.
Learning with Study 365 has many advantages. The course material is delivered straight to you and can be adapted to fit in with your lifestyle. It is created by experts within the industry, meaning you are receiving accurate information, which is up-to-date and easy to understand.
This course is comprised of professionally narrated e-Learning modules, interactive quizzes, tests, and exams. All delivered through a system that you will have unlimited access.
- What will I learn?
- Course Description:
- Course Duration:
- Method of Assessment:
- Certification:
- Entry Requirement:
- Career Path:
- Understand budget management in depth
- Learn how to budget your projects
- Learn about balance sheets, income statements, and cash flow statements
- Understand a budget as a policy statement
- Learn the uses and functions of managing budgets
- Learn to recognise key activities and benefits of organisational planning
- Identify the purpose of operating a budget
- Recognise how budgets are created
This online training course is comprehensive and designed to cover the key topics listed under the curriculum.
You will have unlimited access to your online study platform from the date you purchased the course. The course is self-paced so you decide how fast or slow the training goes. You can complete the course in stages revisiting the training at any time.
At the end of the course, learners will take an online multiple choice question assessment test. The online test is marked straightaway, so you will know immediately if you have passed the course.
Successful candidates will be awarded a certificate for Managing Budgets - Level 4 Certificate.
Learners must be age 16 or over and should have a basic understanding of the English Language, numeracy, literacy, and ICT.
With this Managing Diversity - Level 4 Certificate course you will develop the skills needed to prove to potential organisations of your budgeting expertise. You can use this certification to gain the desired employment across many sectors and industries. You can also study more courses related to this subject and enhance your education. Given below are job titles you can land, along with the average UK salary per annum according to https://www.payscale.com/ ).
This training course could help you to fulfil any of the following job roles:
- Recruiter - £25,481
- HR Manager - £35,750
- Business Manager - £35,165
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Course Curriculum
| Getting Started | |||
| E Certificate Download Guide | 00:00:00 | ||
| 1: Introduction | |||
| 1. Introduction | |||
| Overview of the E-book | |||
| Basic Finance Terms | |||
| 2: the Budget as a Policy Statement | |||
| 2. The Budget as a Policy Statement | |||
| Introduction | |||
| Organizational Structure and Operations | |||
| Organizational Values | |||
| Organizational Direction | |||
| Debt and Debt Servicing | |||
| Where the Organization Might Be Weakest | |||
| Where the Organization is Strongest | |||
| 3: Financial Information Related to the Budget | |||
| 3. Financial Information Related to the Budget | |||
| Introduction | |||
| Bookkeeping and the Budget | |||
| Chart of Accounts | |||
| The General Journal (Original Book of Entry) | |||
| The General Ledger | |||
| 4: Balance sheet | |||
| 4. Balance sheet | |||
| Introduction | |||
| What a Balance Sheet Tells You | |||
| What the Balance Sheet Doesn’t Tell You | |||
| 5: The Income Statement | |||
| 5. The Income Statement | |||
| Introduction | |||
| Elements of the Income Statement | |||
| What an Income Statement Tells You | |||
| What an Income Statement Does Not Tell You | |||
| 6: Cash Flow Statement | |||
| 6. Cash Flow Statement | |||
| Introduction | |||
| Cash Flow Categories | |||
| Preparing the Cash Flow Statement | |||
| 7: Understanding Budgets | |||
| 7. Understanding Budgets | |||
| Introduction | |||
| Reading the Budget | |||
| 8: Budgeting Your Project(s) | |||
| 8. Budgeting Your Project(s) | |||
| Introduction | |||
| Approaches to Budgeting | |||
| Budget Objectives | |||
| Budget Constraints | |||
| Mock Exam | |||
| Mock Exam: Managing Budgets | 00:40:00 | ||
| Final Exam | |||
| Exam: Managing Budgets | 00:40:00 | ||
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