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Budget Analysis and Forecasting Training in Calgary, Canada
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Calgary, Canada

Master fundamental budgeting principles and forecasting methods with KnowledgeHut!

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Modes of Delivery

Online Classroom

Collaborative, enriching virtual sessions, led by world class instructors at time slots to suit your convenience.

Team/Corporate Training

Our Corporate training is carefully structured to help executives keep ahead of rapidly evolving business environments.
Group Discount: 5% for 3 to 4 people 10% for 5 to 9 people 15% for 10+ people

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Description

For a project to be successful, careful planning and budgeting is of critical importance. Even if a project is delivered on time and meets the end-user requirements, if it overshoots the budget then it is considered a failure- hence stringent analysis and smart forecasting are crucial for meticulous management of budgets.

Our three day training session teaches best practices in budgeting and forecasting, with case studies based on real case corporate scenarios. This hands-on intensive course targets professionals from financial as well as non-financial backgrounds, and helps them to grasp fundamental budgeting principles and forecasting methods, gain an understanding of budget processes, and improve their financial literacy. The course will equip candidates with a collection of tools and insights to enable them to fulfil their professional goals as well as the expectations of their companies and investors.

Get started on achieving excellence in financial planning, and drive your organization forward to achieve the required goals and targets!

On successful completion of the course, you will receive a Course Completion Certificate from KnowledgeHut with Credits (1 credit per hour of training).

What you will learn:
  • A greater understanding of the impact of budgeting in achieving your organizational goals
  • An understanding of the different budgeting techniques, approaches and methodologies applicable to different industries and scenarios
  • An understanding of the importance of budgeting and forecasting in a climate of uncertainty
  • Knowledge of the significance of the behavioral aspects in budgeting and forecasting
  • An awareness of the techniques and methodologies for effective budgeting, and its impact on performance management
You will also get:
  • 24 hours of classroom training
  • Handouts and the PowerPoint Presentation
  • Case Studies
  • On successful completion, participants will receive a participation certificate

Key Features

24 hours intensive classroom training
Learn best practices in budget analysis and forecasting
Extensive exercises to master techniques and strategies
Case Studies for real world understanding
Downloadable e-book
KnowledgeHut issued course completion certificate for better job prospects
Budget: Background
Budget and business plan
Budget and forecast
Budget and the business strategy
Budgeting process
The planning cycle
Potential problems
  • Developing budgets
  • From operational budgets to financial budgets
  • Process/steps
  • Types of budgets
  • Fixed
  • Flexed
  • Rolling
  • Methods of budgeting
  • Incremental
  • Zero based budgeting
  • Approaches to budgeting
  • Top down
  • Bottom up
  • Iterative
  • Activity orientated
  • Task orientated
  • Planning programming budgeting system
  • Behavioural aspects in budgeting
  • Forecasting versus budgeting
  • Process flow of an organization
  • Gathering information
  • Anticipating and budgeting for revenues
  • Estimating expenditure
  • Understanding costs
  • Operational budgets
  • Sales
  • Production
  • Raw Materials
  • Labour
  • Financial budgets
  • Statement of financial performance
  • Statement of financial position
  • Statement of cash flows

Tools and exercises will be provided so that you can practice the techniques and strategies covered in the course.

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I would like to thank the KnowledgeHut team for the overall experience. My trainer was fantastic. Trainers at KnowledgeHut are well experienced and really helpful. They completed the syllabus on time, and also helped me with real world examples.

Attended Agile and Scrum workshop in May 2018

My special thanks to the trainer for his dedication and patience. I learned many things from him. I would also thank the support team for their help. It was well-organised, great work Knowledgehut team!

Attended Certified ScrumMaster (CSM)® workshop in May 2018

The KnowledgeHut course covered all concepts from basic to advanced. My trainer was very knowledgeable and I really liked the way he mapped all concepts to real world situations. The tasks done during the workshops helped me a great deal to add value to my career. I also liked the way the customer support was handled, they helped me throughout the process.

Attended PMP® Certification workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My special thanks to the trainer for his dedication, and leading us through a difficult topic. KnowledgeHut is a great place to learn the skills that are coveted in the industry.

Attended Agile and Scrum workshop in May 2018

I had enrolled for the course last week at KnowledgeHut. The course was very well structured. The trainer was really helpful and completed the syllabus on time and also provided real world examples which helped me to remember the concepts.

Attended Agile and Scrum workshop in May 2018

The course material was designed very well. It was one of the best workshops I have ever attended in my career. Knowledgehut is a great place to learn new skills. The certificate I received after my course helped me get a great job offer. The training session was really worth investing.

Attended Agile and Scrum workshop in May 2018

I really enjoyed the training session and am extremely satisfied. All my doubts on the topics were cleared with live examples. KnowledgeHut has got the best trainers in the education industry. Overall the session was a great experience.

Attended Agile and Scrum workshop in May 2018

I was totally impressed by the teaching methods followed by Knowledgehut. The trainer gave us tips and tricks throughout the training session. The training session gave me the confidence to do better in my job.

Attended Certified ScrumMaster (CSM)® workshop in May 2018
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Frequently Asked Questions

Budgeting is essential for all functions of an organization and smart budgeting leads to optimum management. Professionals from different levels of the following departments can attend this workshop:

  • Accounts & Finance Department
  • Marketing department
  • Operations Department
  • Business Analysts
  • Admin & Secretarial Professionals
  • IT Support & Services Department
  • Professionals interested in improving their knowledge of Budgeting and Forecasting

Planning and budgeting are key components to ensure a project’s success. So, even if a project is delivered on time and meets the end-user requirements, it is considered too expensive if it exceeds the budget. Hence stringent analysis and smart forecasting are crucial for meticulous management of budgets. Planning and budgeting are key components to ensure a project’s success. So, even if a project is delivered on time and meets the end-user requirements, it is considered too expensive, if it exceeds the budget. Hence stringent analysis and smart forecasting are crucial for meticulous management of budgets.


There are no prerequisites for this course.

Yes, this course is conducted as a virtual course. Call us for more information on the same.

On successful completion of the course you will receive a course completion certificate issued by KnowledgeHut.

You will receive 1 credit per hour of learning.

The trainers are highly qualified and certified instructors with plenty of teaching experience.

It is easy to enroll for classroom training online. There are several options to pay either through your debit/credit card that includes Visa Card, MasterCard,American Express or - via PayPal. Payment receipt will be issued to the candidate automatically by email.

Any registration cancelled within 48 hours of the initial registration will be refunded in FULL (please note that all cancellations will incur a 5% deduction in the refunded amount due to transactional costs applicable while refunding). Refunds will be processed within 30 days of receipt of written request for refund. Kindly go through our Refund Policy for more details:  https://www.knowledgehut.com/refund-policy

Please send in an email to support@knowledgehut.com and we will answer any queries you may have!


Budget Analysis and Forecasting Course in Calgary

Budgeting and Forecasting certification in Calgary

The  numerous  skyscrapers  of  Calgary  are  testament  to  its  rapid  economic  expansion.  The oil and gas industry is the foundation of Calgary's economy. Calgary prides itself on having low unemployment and high GDP per capita. The city attracts professionals from all over the world  to  be  part  of  the  workforce.  The  economy  of  Calgary  is  also  supplemented  by entertainment, transportation and logistics, manufacturing, communications technology, aero industry,  health  sector,  retail,  and  tourism.  Calgary  has  the  highest  number  of  small businesses  and  start-ups  in  Canada  and  is,  therefore,  a highly  sought-after  destination  for successful global companies to establish their headquarters in the city.

The constant generation of employment opportunities has created a huge demand for skilled professionals.  KnowledgeHut  has  introduced  e-learning  modules  to  help  highly  ambitious individuals  stay  employable  in  a  sought-after  field. The  Budgeting  and  Forecasting  training courses  in  Calgary  is  a  course  provided  by  KnowledgeHut  that  is  perfect  for  professionals looking to move ahead quickly in their careers.

The  Budgeting  and  Forecasting  certification  in  Calgary  has  an  online  format  that  can  be easily accessed by individuals from different backgrounds at their convenience. The course aims  at  improving  their  current  skill  sets  and  teaching  fast  troubleshooting  skills  to  ensure the company functions in a smooth manner. Professionals trained in budget and forecasting are  an  invaluable  asset  to  any  company  and  aspiring  individuals  should  take  advantage  of the course offered by KnowledgeHut.

Part of Calgary's GDP comes from the emergence of new businesses and IT start-ups. With the  increase  in  demand,  professionals  are  forced  to  update  themselves  with  the  what  is currently used in the corporate world. The Forecasting training online in Calgary provided by KnowledgeHut  is  the  perfect  choice  for  aspirants  who  want  to  stay  updated  with  the  latest trends  in  the  business  and  finance  world.  Completion  of  the  online  classes  as  part  of Budgeting  and  Forecasting  training  courses  in  Calgary  course  provided  by  KnowledgeHut provides the edge to stay ahead in the field.

A New Alternative

The course provided by KnowledgeHut allows the students to learn all about budgeting and forecasting.  Candidates  will be  trained on  how  to  prepare a  monthly budget  and  be able  to review existing numbers like a seasoned professional. Candidates are also trained in the art of forecasting and to be accustomed to the various cost types. 

Keeping Ahead of the Curve

Learning  about  budget  and  forecasting  is  perfect  for  beginners  and  mid-career  finance professionals  who  are  looking  to  further  their  professional  aspirations,  and  a  certification from  KnowledgeHut  is  a  step  in  the  right  direction  for  you.  KnowledgeHut's  Forecasting training   online   in   Calgary   is   equipped   with  excellent  faculty,  an   interactive   learning environment along with 24x7 access to tutorials online.

KnowledgeHut Empowers You

 

Budget analysis certification courses empower its students to be able to analyse the various trends of the budget progression and variance analysis through its online training. The price of the course is affordable and will prove to be a great investment towards the betterment of your career.

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