Presented by Learn all about budgeting and forecasting. This course will help you understand how to go about preparing a budget including what information you’ll need to ask for before you start and how to review your numbers for reasonableness. You’ll see how to use typical monthly reports and learn how to input to the forecasting process. OUTCOMES Learn to prepare and review a budget Understand the role of forecasting Be familiar with cost types and behaviors Gain confidence using budgets including variance analysis and other month-end issues WHAT YOU WILL LEARN Introduction to budgeting Budgeting essentials Budget techniques Phasing your budget Timing of revenues and costs Cost behavior Impact of changing volumes and prices Preparing budgets How to prepare your budget How to review your budget Using budgets Comparing actuals to budget Month-end issues Forecasting Why forecast? The forecasting process Using reports Typical reports – month, year to date and full year Putting it all together Summary and Conclusion