Certified Budget Analyst - Advanced Tools in Budgeting, Forecasting & Reporting

LEORON Professional Development Institute
Training overview
Professional Course
Virtual Classroom
2 days

Start dates




Course description

Certified Budget Analyst - Advanced Tools in Budgeting, Forecasting & Reporting

This program has been designed to provide the participants with a broad view and understanding of financial budgeting for enterprises. A discussion of financial statements is a must when considering the creation or analysis of financial budgets. Also, an understanding of how costs behave and how they can be derived and allocated to the various aspects of the business units is also an important part of preparing budgets.

We will be discussing various budgeting methods that have been used and are still in use today in various enterprises. We will also be discussing the methods we can use to assess whether a budget is appropriate and should be approved, and in some cases, whether a project should be undertaken at all.

And finally, no discussion about budgets can be complete without assessing how well a company or sub-unit has actually performed in relation to their budget, and understanding why there are any differences, which there will usually always be.

Who should attend?

Who Should Attend?

This highly practical and interactive course has been specifically designed for

  • Budgeting and planning personnel
  • Capital and resource planning
  • Managing Directors
  • Finance managers
  • Financial Controllers
  • Senior and mid-level management
  • Department managers
  • Strategists
  • Data analysts
  • Risk controllers
  • Board members

Training content

Day 1

Session 1: Master Budget and Responsibility Accounting

  • The advantages/disadvantages of budgets
  • What the master budget is and explain its benefits
  • Review an operating budget and its supporting schedules
  • How to use sensitivity analysis to test financial planning models
  • Responsibility centers and responsibility accounting

Day 2

Session 2: Flexible Budgets, Direct Cost Variances and Management Control

  • Distinguish a static budget from a flexible budget
  • Flexible budgets variances
  • Standard costs used in variance analysis
  • Price and efficiency variances for directcost categories
  • How benchmarking is used in cost management

Certification / Credits

Key Takeaways

  • Understanding of how to prepare budgets.
  • Ability to analyse budgets using various methods.
  • Improved ability to forecast revenues and costs.
  • Understanding of the key elements of financial statements.
  • Ability to prepare a complete master budget.

Why choose Leoron?

LEORON has worked with some of the largest companies in the World - but importantly we care about the individual. Through our Customer Happiness Team we ensure that everyone who attends a LEORON course has the support before, during and after to ensure their training needs are met.

We offer the highest level of training delivery, whether that be in our live-virtual training or in-classroom sessions, with our expert instructors guiding you through everything so that you’re left feeling assured and confident to utilize your new knowledge going forward.

About Leoron

LEORON Professional Development Institute

LEORON is the fastest growing global training institute in the World, having evolved over the past 11 years into a dominant training institute that offers a comprehensive set of training and development solutions to both individuals and businesses. Our locations...

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Contact info

LEORON Professional Development Institute


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