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Budget Analysis and Forecasting Training in Canberra, Australia
Rated 5/5 based on 96 customer reviews

Budget Analysis and Forecasting Training in Canberra, Australia

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.
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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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The course which I took from Knowledgehut was very useful and helped me to achieve my goal. The course was designed with advanced concepts and the tasks during the course given by the trainer helped me to step up in my career. I loved the way the technical and sales team handled everything. The course I took is worth the money.

Attended PMP® Certification workshop in May 2018

It’s my time to thank one of my colleagues for referring Knowledgehut for the training. Really it was worth investing in the course. The customer support was very interactive. The trainer took a practical session which is supporting me in my daily work. I learned many things in that session, to be honest, the overall experience was incredible!

Attended PMP® Certification workshop in May 2018

KnowledgeHut is a great platform for beginners as well as experienced persons who want to get into a data science job. Trainers are well experienced and we are given more detailed ideas and concepts.

Attended PMP® Certification workshop in May 2018

I had enrolled for the course last week. I liked the way KnowledgeHut framed the course structure. The trainer was really helpful and completed the syllabus on time and also provided live examples which helped me to remember the concepts.

Attended Agile and Scrum workshop in May 2018

The customer support was very interactive. The trainer took a practical session which is supporting me in my daily work. I learned many things in that session. Because of these training sessions, I would be able to sit for the exam with confidence.

Attended Agile and Scrum workshop in May 2018

Trainer at KnowledgeHut made sure to address all my doubts clearly. I was really impressed with the training and I was able to learn a lot of new things. It was a great platform to learn.

Attended PMP® Certification workshop in May 2018

The teaching methods followed by Knowledgehut is really unique. The best thing is that I missed a few of the topics, and even then the trainer took the pain of taking me through those topics next day. I really look forward to join KnowledgeHut soon for another training session.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

Trainer really was helpful and completed the syllabus covering each and every concept with examples on time. Knowledgehut also got good customer support to handle people like me.

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 Canberra

Budgeting and Forecasting training courses in Canberra

Canberra,  the  Australian  capital  city,  is  situated  in  the  south  east  coast.  Natural reserves, farmland and forest surrounds it, giving it the name of “Bush Capital”. The focal point of the city is Lake Burley Griffin.

Australia’s  capital  Canberra,  is  home  to  many  corporate.  Timely  completion  of  a project  is  vital  for  any  corporate.  However,  adhering to  budget  set  out  at  the beginning of the project is the measure of success in addition to delivering the project on  time  and  satisfying  end-user  requirement.  Consequently,  any  project  entails stringent   analysis   and   smart   forecasting. This e-learning training   offered   by Knowledge Hut is for professionals who would like  to make their foray in the field of budget  analysis and forecasting.  They  can  join  the online  training of Budgeting and Forecasting  training  courses  in  Canberra, to  acquire  the best practices  in budgeting and forecasting. 

To  make  you  grasp  the  fundamental  budgeting  principles  and  forecasting  methods, Budgeting and Forecasting training certification in Canberra uses case studies based on  real  corporate  scenarios. To  improve  your  financial  know-how,  you  can  undergo this course to gain an understanding of budget processes. 

In Canberra,  where  handling  projects  is  a  daily  affair  for  most  companies,  financial planning, budgeting forms an integral part. You can get an insight into the collection of  financial  tools  used  to  satisfy  your  professional  goals by  attending  the online classes   of   the   Forecasting   training   online. Effective   budget   preparation   and forecasting can help in satisfying the expectations of the employers and investors by attending the Budgeting and Forecasting training certification in Canberra.

A New Alternative

The principal goal of any business is to deliver a project on time. The achievement of a  project  is  measured  based  on  making  a  realistic  forecast  for  budget  needs  and confirming  that  the project  is  executed  within  the  budget.  A  thorough understanding of  the  impact  of  budgeting  is  important  to  achieve  organisational  goals.  In  addition, you  need  to  have  knowledge  about  suitable  budgeting  techniques,  approaches  and methodologies used for  varied types of scenarios, industries and  an uncertain state. A   strong   know-how   of   the   impact   of   behavioural   aspects   on   budgeting   and forecasting  leading  to  a  bearing  on  performance  management  is  needed. It’s  quite essential  to  be  brilliant  in  financial  planning  to  take  forward  the  organisation  to achieve the vital goals and targets.

Keeping Ahead of the Curve

The  diversity  of  methods  and  approaches  used  for  budgeting  and  forecasting  for various  type  of  industry  and  conditions  is  covered  adequately  in  KnowledgeHut’s Budget   Analysis   certification   courses. The   end   product   of   this   training   is   to comprehend  the  importance  of  budget  analysis  in  achieving  the  financial  goal  of  a company. Expert faculties conduct the online classes and a completion certification is given to all participants.

Knowledge Hut Empowers You

 

Our  comprehensive  and  rigorous training is  available  at  a  reasonable price.  This coaching at  KnowledgeHut will allow  you  to  understand  the  intricacies  of  budget analysis and forecasting to apply it at your workplace.

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