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

Budget Analysis and Forecasting Training in Perth, Australia

Master fundamental budgeting principles and forecasting methods with KnowledgeHut!

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Modes of Delivery

Live Online (Virtual)

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 peoples 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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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

The trainer was really helpful and completed the syllabus on time and also provided live examples which helped me to remember the concepts. Now, I am in the process of completing the certification. Overall good experience.

Attended PMP® Certification workshop in May 2018

The instructor was very knowledgeable, the course was structured very well. I would like to sincerely thank the customer support team for extending their support at every step. They were always ready to help and smoothed out the whole process.

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

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 in the next session. I really look forward to joining KnowledgeHut soon for another training session.

Attended Certified ScrumMaster (CSM)® workshop in May 2018

I would like to extend my appreciation for the support given throughout the training. My trainer was very knowledgeable and I liked his practical way of teaching. The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut.

Attended Certified ScrumMaster (CSM)® 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

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

Attended Agile and Scrum 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 Perth

Budget Analysis & Forecasting – Perth

Perth is one of Australia’s largest cities and home to a vibrant and cosmopolitan population. The main  urban  centre  of  the  vast  country’s  western  territories,  Perth  is  considered  as  one  of Australia’s most picturesque cities with riverine landscape and coastal recreational spots. Perth is  also  a  very  important  economic  centre  and  this  fast-growing  population  has  also  led  to  an increase  in  investments  and  jobs.  Based  in  this  thriving  and  diverse  city,  KnowledgeHut presents the Budgeting and Forecasting Certification in Perth.

About the Course

Wise  forecasting  with  good  budgeting  practices  are  the  key  to  ensuring  that  the  project  you handle  is  a  successful  one  from  the  perspective  of  your  business  model.  At  times,  even successful delivery  of  a project  does  not  translate  to  a successful  execution  if  certain financial elements of the overall goals are not met. The Budgeting and Forecasting Training Courses in Perth  by  KnowledgeHut  are  a  series  of online  classes  that  will  arm  you  with  the  clear understanding of this very crucial component of your business strategy. Spread over 3 days, the Budgeting and Forecasting Certification in Perth is delivered by industry experts who  will guide you  through  sections  devoted  to  the  different  components  and  techniques  you  will  need  to know. On successfully finishing this KnowledgeHut course you will receive a course completion certification. The online training will equip you with the knowhow to pass any exam based on the fundamentals of budgeting and forecasting.

The Budget  Analysis  Certification  Courses  are  designed  so  that  even  participants  with  non-financial backgrounds will not have a problem grasping the concepts. The training will begin with lessons  devoted  to  budgeting’s  place  in  the  larger  picture  of  business  strategy  and  its relationship with a business plan. You will be taught about the planning cycle and our instructors will also teach you about the different problems you need to be ready for while budgeting. You will  be  introduced  to  the  different  types  of  budgets  and  methods  of  budgeting.  As  the Forecasting  Training  Online  in  Perth  progresses,  participants  are  taught  about  the  different approaches to budgeting, including top down and iterative amongst many.   The online program will  include  lessons  on  the  behavioural  aspects  of  budgeting  and  you  will  also  be  taught  the components  of  operational  and  financial  budgets.  As  part  of  the  course,  you  will  be  given exercises and tools to sharpen your knowledge.

The KnowledgeHut Advantage

 

KnowledgeHut conducts classes in over 70 countries and our innovative approach to e-learning has helped thousands of students gain important and career defining credentials. Our Budgeting and  Forecasting  Training  Courses  in  Perth  are  delivered  using  an  impactful  methodology  that combines easy access with a live interactive environment. The course is available at a very fair price.  This  training  by  KnowledgeHut  is  perfect  for  professionals  working  in  the  Accounts  and finance, marketing and operations. It is also an ideal learning experience for  business analysts, admin & secretarial professionals and those who work in IT Support and Services departments.

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