e-learning and reference solutions for the global finance professional

Budgeting
A practical guide for preparing and mastering financial budgets

Highlights

Library of 5 Courses

Available Products

Upcoming Products

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The themes of this product are:

  • Understand the basics of Budgeting
  • Create a budget in simple-to-follow steps
  • Case study approach for understanding budgeting process
  • Effective management of financial resources

For information about our other off-the-shelf e-learning solutions see Course Catalog
  Highlights
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Overview
Modern businesses are an epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques and procedures useful in managing business successfully. Of all these, budgeting is the most common and widely used standard device for planning and control. This course provides fundamental understanding of budgeting, budgeting process and includes a practical guide for preparing and mastering financial budgets

After completing this course you will be conversant with:

  • Overview of budgeting
  • Different types of budgets
  • Different approaches to budgeting
  • The process of preparing budget and budgetary control

Target Audience
Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit from KESDEE’s innovative solutions.

  • Supervisory Agencies

  • Central Banks

  • Financial Institutions

  • Commercial Banks

  • Investment Banks

  • Housing Societies/Thrifts

  • Mutual Funds

  • Brokerage Houses

  • Stock Exchanges

  • Derivatives Exchanges

  • Insurance Companies

  • Multinational Corporations

  • Accountancy Firms

  • Consultancy Firms

  • Law Firms

  • Rating Agencies

  • Multi-lateral Financial Institutions

  • Others


  • Course Level and Number of Courses
    Basic & Intermediate Level. Library of 5 Courses

    Instructional Method
    Dynamic, Interactive e-learning

    Recommended Background
    Familiarity with basic financial concepts

    For purchase,contact us at
    PO Box 910207. CA 92191, USA
    Phone: +1-858-755-8527 Fax: +1-858-755-6973, +1-858-756-8587, E-mail: information@kesdee.com,
    Website:
    www.kesdee.com

      Library of 5 Courses
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    Budgeting
    Time taken to complete each Course: Two - Three hours

    1. Overview of budgeting

    • The basic concepts of budget and budgeting
    • Budgeting and forecasting
    • Budgeting and management
    • Budgeting and planning
    • Budget procedures and budget administration

    2. Types of budgets

    • The components of operating budget like sales budget, production budget, production cost budget, ending inventory budget, cost of goods sold budget, selling expenses budget, administrative expenses budget and budgeted income statement
    • The components of financial budget like capital expenditure budget, cash budget, budgeted balance sheet, and cash flow budget

    3. Approaches to budgeting

    • The various approaches to building budgets like - fixed budgeting approach, flexible budgeting approach, incremental budgeting approach, kaizen budgeting approach, zero base budgeting approach and others.
    • The distinctive features of each approach to budgeting.

    4. Preparing a budget

    • The preparation of operating budgets
    • The preparation of financial budgets


    5. Budgetary control

    • The basic concepts of budgetary control
    • The process of budgetary control
    • Budgetary variance

    JOB AIDS

    • Measurement Tools

    Calculators in Budgeting

    1. Flexible Budget Calculator
    2. Sensitivity Analysis Calculator
    3. Cash flow Calculator

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      Upcoming Products
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    KESDEE has the required technology platform to respond to clients training requirements in the financial industry. We offer several solutions, each developed with the guidance of creditable experts. Given below are few of the forthcoming products:

    • Financial Planning
    • International Trade Services
    • Bank Branch Management
    • Mortgage Finance
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    For more information about our e-learning products and services
    visit us at www.kesdee.com
    Copyright © 2006 KESDEE Inc.
    Please return this form by Mail or Fax to:

    KESDEE Inc. P.O. Box 910207, San Diego, CA 92191, U.S.A.
    Phone: +1-858-755-8527 Fa
    x: +1-858-755-6973, +1-858-756-8587
    E-mail: information@kesdee.com Website: www.kesdee.com