The budget is used as part of the planning process in terms of setting goals, implementing activities, and the expenditure that is likely to be incurred. Formulating a budget is therefore essential to managers to help you understand how well their business is performing
A financial statement(report) 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
Budget Preparation 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.
At the end of the Budget Preparation and Financial reports Training Course, you will be able 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.
Budget Preparation and Financial reports Training Course is ideal for:
- Accounting and financial specialists. Those who wish to understand how to interpret the financial statements of business entities, those who wish to learn the mechanics of preparing financial statements under IFRS.
- Individuals are charged with the responsibility of providing financial information about a reporting entity that is useful to users in making decisions.
- Financial accounting team members
- Financial planning and budgeting professionals
- Strategic planning and head office team members
- Corporate communication and investor relations professionals
- Investment analysts and advisers