Welcome on this learning programme!

This online course is designed for managers who need to navigate the intricacies of budget preparation. It covers essential topics such as the concept and process of budgeting, various budget types including master, sales, production, administrative expense, and cash budgets, along with budgeted statements of comprehensive income and financial position. Additionally, learners will delve into zero-based budgeting, exploring its benefits and drawbacks. Whether you're new to budgeting or seeking to enhance your skills, this course equips you with the knowledge and tools necessary for effective financial management in a managerial role.

What you will learn:

At the end of this course, the learner should be able to:

• Define budgeting and its purpose.
• Discuss the budgeting process and its steps.
• Distinguish between fixed and flexible budgets.
• Define and prepare various budgets, including master, sales, production, selling, administrative expense, cash budgets, and budgeted statements of comprehensive income and financial position.
• Define zero-based budgeting.
• Discuss the advantages and disadvantages of zero-based budgeting.

Course Content:

• Definition and purpose of budgeting
• The budgeting process
• The difference between fixed and flexible budgets
• Types of budgets
• Zero-based budgeting
• Administration and documentation for budgeting
• South African case study: focus on budgeting

Note: The course content is extracted from the e-course book titled “Business Management Basics” published by Edge Learning Media, ISBN 978-1-77612-361-2.

Who Should Attend:

Any individual that works within a managerial role that needs to understand and be able to prepare budgets.

Entry Requirements:

There are no entry requirements for this course.

Course Structure:

This course is only available in an online learning format. The course includes learning activities, videos and quizzes.

Assessments:

Learners will need to complete the online quiz for this course.

Accreditation:

This course is not accredited.

Certification:

 A Certificate of Successful Completion will be issued upon completion of the course.

Duration:

4 weeks