Essential budgeting skills

Overview

This half-day online course provides a high-level introduction to budgeting, forecasting and spending, along with the key terminology and concepts that support effective financial management. It is designed for new budget holders or managers who are beginning to take responsibility for preparing and managing budgets.

The session aims to build a broad understanding of how budgets are set, monitored, and controlled within an organisational context. Participants are encouraged to ask questions, share their experiences, and engage in discussion.

Learning outcomes:

By the end of the course, delegates will:

• Understand the purpose of budgeting and the impact of fiscal constraints
• Appreciate the importance of managing budgets effectively
• Gain awareness of the current financial environment affecting organisations
• Learn key budgeting terminology
• Understand the role of central finance functions in the budgeting process
• Understand the responsibilities of a budget holder, including stewardship, influencing, and enabling
• Recognise budget restrictions and common poor budgeting behaviours
• Understand the difference between budgeting and forecasting
• Understand budget profiling and common issues that arise

Mike Sarwar

Mike Sarwar is an experienced training consultant with a 29-year career at Kaplan, where he worked from October 1991 to December 2020.

Mike specialises in highly interactive training that challenges participants to rethink established thought processes and behaviours, particularly in relation to the impact of financial reporting and wider business issues. His work focuses on two principal areas: building management, commercial and financial capability, and delivering technical financial reporting and audit training.

During his first 15 years at Kaplan, he taught across the full range of professional accountancy qualifications, delivering ACA, ACCA and CIMA programmes at every level and across all subjects. In the subsequent 14 years, he concentrated on developing accounting and management professionals in both the public and private sectors. He held dual responsibility for designing and delivering advanced technical financial reporting programmes, as well as commercial and financial training for non-accountants, with a strong emphasis on improving organisational performance.

3 CPD units

ACCA members can use this learning to meet their CPD requirements provided it is relevant to their career. If the event contributes to general knowledge and skills, it should be recorded as non-verifiable CPD. If the learning can be applied in the workplace, it will contribute to verifiable CPD.

1 hour of learning = 1 unit of CPD.

Fee: 110 GBP + VAT (132 GBP) per delegate

Please note: If you are unable to join the live webinars, they will be available on-demand 24 hours after the live webinar ends and you will have access to the sessions for 12 months.

The webinar handout material will be available on the webinar platform when you log in to view, 15 minutes before the live webinar start.

If you wish to view or download handout materials, before the day of the webinar, they will also be available through your document library on https://events.accaglobal.com.

This event is organised by ACCA Continuous Learning.

If you have any queries regarding this event please contact us on: