Budgeting In Business Vivek Bindra Course

Overview

This course is designed to help you make budgets for every department of your business to drive important business decisions.  A budget helps you to forecast your future profit and savings based on your current income and expenses. The course covers the following:

Key Outcomes of the Course:

• Benefits of Budgeting

• Difference between Forecasting and Budgeting

• How to prepare a budget

• How to set sales and production budget

• Zero Based Budgeting

• Performance-based budgeting

• Budget Variance Analysis

• Period-wise Budgets

• Financial budgeting

• Overhead budgeting

Syllabus

1. Introduction
2. Difference Between Forecasting vs Budgeting
3. Budgetary Control System
4. How to Prepare a Budget?
5. How to Make Sales and Production Budget?
6. Cost of Production Budget
7. Overhead Budgeting
8. Financial Budgeting
9. Benefits of Budgeting
10. Fixed and Flexible Budgeting
11. Period-Wise Budgets
12. Budget Variance Analysis
13. Zero Based Budgeting
14. Performance Based Budgeting
15. Summary