Overview

This eCourse provides a high-level overview of budgeting and the role of it plays in financial management. Budgeting is a central component of effective financial management. A successful budgeting process can help management to achieve long-term financial and operational goals. There are a number of different approaches to budgeting that offer various potential benefits and disadvantages.

Objective

On completion of this course, you will be able to:
- Define the role of budgeting in financial planning
- Recall the budgeting process
- List and define the different types of budget
- List the potential benefits and disadvantages of budgeting
- Identify different approaches to setting budgets

Content

Budgeting
Topic 1: Budgeting Overview
Topic 2: Benefits & Disadvantages of Budgeting
Topic 3: Types of Budget
Topic 4: Approaches to Budgeting