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

Budget Analysis and Forecasting Training in Mississauga, 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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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

I would like to extend my appreciation for the support given throughout the training. My special thanks to the trainer for his dedication, learned many things from him. KnowledgeHut is a great place to learn and earn new skills.

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

The workshop held at KnowledgeHut last week was very interesting. I have never come across such workshops in my career. The course materials were designed very well with all the instructions. Thanks to KnowledgeHut, looking forward to more such workshops.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

Knowledgehut is the best training provider with the best trainers in the education industry. Highly knowledgeable trainers have covered all the topics with live examples.  Overall the training session was a great experience.

Attended Agile and Scrum workshop in May 2018

I am really happy with the trainer because the training session went beyond expectation. Trainer has got in-depth knowledge and excellent communication skills. This training actually made me prepared for my future projects.

Attended Agile and Scrum 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

My special thanks to the trainer for his dedication, learned many things from him. I liked the way they supported me until I get certified. I would like to extend my appreciation for the support given throughout the training.

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 Mississauga

Budgeting and Forecasting training courses in Mississauga

Mississauga, on Lake Ontario is a big Canadian city next to Toronto. Woodlands and plentiful  city  parks  give  the  city  a  breath  of  fresh  air.  Known  for  providing  excellent shopping options, this city house various malls. 

Mississauga, a city of malls, is home to many businesses. For any business, success is  evaluated  not  only  by  completing  the  project  on  time  and  satisfying  end-user needs,  but  also  whether  the  project  was  executed  within  budget.  So,  rigorous analysis  and  accurate  forecasting  becomes  an  essential  part  for  any  project. Professionals   who   would   are   interested   in   the   area   of budget   analysis   and forecasting, can choose the e-learning training offered by Knowledge Hut. They can attend   the online   training of Budgeting   and   Forecasting   training   courses   in Mississauga, to know about the best practices followed in budgeting and forecasting. 

Real  corporate  scenarios  based  Case  studies  used  in Budgeting  and  Forecasting training  certification  in  Mississauga gives  you  the  prospect  to  understand  the  vital budgeting  ideologies  and  forecasting  approaches. With  this course  you  can  gain  a know-how of budget procedures and enhance your financial knowledge. 

Most  of  the  businesses  in  Mississauga  regularly  execute  projects  where  the  basic part  is  financial  planning  and  budgeting. The  Forecasting  training  online will arm interested  participants  with  an  assortment  of  tools  and  visions  to  achieve  their professional  goals  by  attending  the online  classes. Budgeting  and  Forecasting training  certification  in  Mississauga  can  also  assist  in  satisfying  the  employer’s  and investor’s expectations by appropriate budget preparation and forecasting.

A New Alternative

The primary goal of any business is to complete a project on time. The success of a project is measured based on arriving at a realistic forecast for budget requirements and  ensuring  that  the  project  is  completed  within  the  budget.  In  order  to  achieve organisational  goals,  it  is  imperative  to  understand  the  impact  of  budgeting.  Also, knowledge about appropriate budgeting approaches, techniques and methodologies used  for diverse  types  of  scenarios,  industries  and  in  a  climate  of uncertainty.  The impact of behavioural aspects on budgeting and forecasting, and subsequent impact on performance  management  need  to  be  understood.  It’s  but  essential  to  be excellent  in  financial  planning  to  take  forward  the organisation  to  achieve  the required goals and targets.

Keeping Ahead of the Curve

KnowledgeHut’s Budget Analysis certification courses will help you to understand the numerous  methods  and  approaches  used  for  budget  preparation  and  forecast  for dissimilar industry types and circumstances. You will be able to appreciate the role of budget  analysis  in  achieving  the  financial  goal  of  a  company.  You  can  select  to attend online classes from expert faculties and will receive a completion certification.

Knowledge Hut Empowers You

 

Our complete and intense training is available at a reasonable price. This coaching at KnowledgeHut will make sure that you understand the intricacies of budget analysis and forecasting for use at your workplace.

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