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Prepare and Monitor Budgets | For only $99

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  • Unlimited access
  • 10 Study Hours
  • Planning is the key to an organisation achieving its goals. However, translating high-level plans into realistic and workable budgets can be a challenge.

    "Being that OCA is a completely online campus, I looked for every reason not to do my course through them. I looked at every AAA professional provider and the people teaching the courses. In the end, of all the providers, I went with the one I least expected to. The service is beyond what any big brand campus gives you, and everything is set out so well. Huge ups to OCA for completely turning me around! I would recommend studying through OCA to anyone who wants a real advantage. Thank you!" - Jaqui

    This financial planning course introduces the main concepts involved in the planning, implementation and monitoring of business budgets, and provides insight into important aspects of managing team budgets and financial plans including accurate reporting, monitoring and financial performance review.

    Industry Recognised

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    Upon successful completion of this course you will receive an OCA Certificate of Achievement in Prepare and Monitor Budgets.
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    Course Delivery + Learner Support

    • Delivered 100% online, no classroom required
    • Instant access (simply enrol online, anytime)
    • Assessments are short answer and multiple choice
    • Fast turnaround on marking (within 1 business day)
    • One on one tutor support
    • Live chat, 7 days a week

    Would you like to try before you buy? Checkout our Demo

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    Course Delivery & Start
    Start anytime flexible study
     
    Trainer
    You will have an allocated personal trainer

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    Sample extract from our Prepare and Monitor Budgets course.

    This topic describes the skills and knowledge required to undertake budgeting, financial forecasting and reporting requirements, and to allocate and manage resources to achieve the required outputs for the business. It includes contributing to financial bids and estimates, allocating funds, managing budgets and reporting on financial activity.

    As you progress through this course you will learn about how to research, review and analyse financial data and suitable software, prepare budget in line with company policies and procedures, how to communicate to key stakeholders to gain a buy in and how to manage risks and meet compliance requirements. You will also learn skills in financial reporting to conform with company and statutory requirements and to evaluate and make recommendations to ensure financial viability.

    You will learn how to:

    • Plan for financial management
    • Establish budgets and allocate funds
    • Implement budgets
    • Report on finances

    In addition, this course will provide you with the skills and knowledge required to analyse financial and other business information in order to prepare and monitor budgets. It requires the ability to draft and negotiate budgets, identify deviations and manage the delivery of successful budgetary performance.

    As you progress through this course you will learn about the budget process and preparation, how to cost a budget and negotiate and communicate with stakeholders on reporting and financial management responsibilities and how to monitor and review budget against actual performance and make recommendations to improve future performance.

    You will learn how to:

    • Prepare budget information
    • Prepare budget.
    • Finalise budget.
    • Monitor and review budget.

    If you would like to preview this online financial planning course in more detail, click on DEMO above or call our team on 1300 611 404. You may also be interested in our How to Write a Business Plan course - click here.

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