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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

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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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

Everything was well organized. I would definitely refer their courses to my peers as well. The customer support was very interactive. As a small suggestion to the trainer, it will be better if we have discussions in the end like Q&A sessions.

Attended PMP® Certification 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

Knowledgehut is the best platform to gather new skills. Customer support here is very responsive. The trainer was very well experienced and helped me in clearing the doubts clearly with examples.

Attended Agile and Scrum 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

This is a great course to invest in. The trainers are experienced, conduct the sessions with enthusiasm and ensure that participants are well prepared for the industry. I would like to thank my trainer for his guidance.

Attended PMP® Certification workshop in May 2018

The course materials were designed very well with all the instructions. The training session gave me a lot of exposure to industry relevant topics and helped me grow in my career.

Attended PMP® Certification workshop in May 2018

The hands-on sessions helped us understand the concepts thoroughly. Thanks to Knowledgehut. I really liked the way the trainer explained the concepts. He was very patient and well informed.

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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