Budgeting In Business Vivek Bindra Course

Overview

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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:

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• 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

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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