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

Budget Analysis and Forecasting Training in Toronto, Canada

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.
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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

I am glad to have attended KnowledgeHut's training program. Really I should thank my friend for referring me here. I was impressed with the trainer who explained advanced concepts thoroughly and with relevant examples. Everything was well organized. I would definitely refer some of their courses to my peers as well.

Attended PMP® Certification workshop in May 2018

The customer support was very interactive. The trainer took a very practical oriented 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

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 were precise and comprehenisve. Thanks to KnowledgeHut. Looking forward to more such workshops.

Attended Certified ScrumMaster (CSM)® 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

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

Knowledgehut is among the best training providers in the market with highly qualified and experienced trainers. The course covered all the topics with live examples. Overall the training session was a great experience.

Attended Agile and Scrum workshop in May 2018

KnowldgeHut's training session included everything that had been promised. The trainer was very knowledgeable and the practical sessions covered every topic. World class training from a world class institue.

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 Toronto

 

Situated  along  the Lake Ontario, the  city of  Toronto  is a  lively  metropolis  known for its rich diversity and exciting lifestyle. This major commercial and economic  centre of North America houses several industries ranging from financial institutions, banking, IT  and  other  sectors.  This  city  has  welcoming  nature  and  the  concentration  of  rich industries makes it a major attraction for talented professionals who are looking for a rewarding career. 

For having a successful career  in Toronto, certifications and training in core skills is important  and  hence  KnowledgeHut  offers  several  courses  and  programs  so  that individuals can hone their skill set and update their knowledge of work domain. The Budgeting and Forecasting training courses in Toronto conducted by KnowledgeHut are  an  effective  learning  experience  for  individuals  who  wish  to  learn  the  various facets  and  significance  of  budgeting.  This course  is  designed  according  to  the evolving industry demands and includes all the necessary aspects of forecasting and budgeting that makes tackling financial challenges easy.

Significance of Budgeting and Forecasting

 The  process  of  budgeting  is  highly  systematic  and  it  offers tangible  results.  Hence, by  implementing  effective  budgeting  strategies  organizations  not  only  are  able  to save  costs  but  are  also  able  to  manage  their  finances  effectively.  Also,  budgeting makes it easier to understand the patterns of expenditure and helps in identifying the areas of over expenditure. Forecasting is crucial aspect when planning for uncertain situations.  It  enables  organizations  to  prepare  for  challenges  which  will  be  faced  in near  future  and  provides  ample  time  to  prepare.  The  applications  of  budgeting  are immense  and  can  be  implemented  in  any  industry.  This  diverse  nature  makes budgeting highly effective and beneficial. 

Salient Course Benefits

After  successful  completion  of  the Budgeting  and  Forecasting  training  courses  in Toronto,  you  will  have  a  sound  understanding  of  all  the  features  and  techniques  of budgeting.  This course  will  enable  you  to  understand  the  benefits  of  effective budgeting and its need in diverse industries. The ample practice and training offered during  the course  is  handy  for  dealing  with  real  situations  and  you  will  have  the requisite  skills  required  to  manage  financial  resources  efficiently.  Thus  pursuing  a Budgeting and Forecasting certification in Toronto enhances your professional profile and makes it easy to acquire the dream job. The extensive learning from this course is also beneficial when you are applying for an exam.

Flexibility in abundance

 

 KnowledgeHut  through  its  effective  learning  methodologies  has  made  the Budget Analysis certification courses very flexible and affordable. The reasonable price and e-learning facility is an added advantage while the online classes and online training make  KnowledgeHut  the  ideal  choice  for pursuing Forecasting  training  online  in Toronto.  Participants who have tight schedule can thus pursue this course according to their convenience.  

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