Budget Forecasting, Costing, and Variances
Kaplan
  • Start Date: 25 Jul, 2022
  • 3 weeks
  • Study Content: Videos


Delve into the budgeting process and the different tasks involved to help find the budgeting approach that works for you.

Course Fee: Free
Certificate Cost: See Fees and Eligibility

Course Description

This course is made available through the eLearnAfrica and FutureLearn partnership.

Understand the need for a flexible budget


To develop financial expectations for the future, there are many processes within a budget to help you manage both long-term and short-term financial goals.


On this three-week course, you’ll explore the tools to help you master budgeting tasks such as costing, forecasting, and variances.


Through real-life examples and interactive quizzes, you’ll learn how to calculate costs, cover fixed and flexible budgets, and find the budgeting approach that is best suited for your context.


Delve into budget forecasting


You’ll gain an introduction into forecasting to help you understand how to use it in your budgets.


Exploring time series analysis, moving averages, and variation, you’ll learn practical techniques to help you use budget forecasting to achieve your financial aims.


Unpack the different types of variances


On the final week of the course, you’ll unpack variances to understand how to account for the difference between budgeted and actual income and expenditure.


You’ll explore different types of variances and the reasons you could encounter them, such as materials and labour shortages.


Learn from the experts at Kaplan


Throughout the course, you’ll be guided by the experts at Kaplan. With their help, you’ll gain the knowledge and skills to successfully carry out costing, forecasting, and variance tasks in your budgeting.


This course is designed for anyone who wants to learn more about the budgeting process and how to start preparing a budget.


You could be a new business owner, working in financial planning, or studying finance and looking to develop key budgeting skills.


Certificate cost may vary. You will be redirected to the host page for cost and payment options.

Kaplan

This university is part of the partnership between eLearnAfrica and FutureLearn.

This institution is available on eLearnAfrica through partnership with FutureLearn.

You may be able to download course materials after enrolling in this course. If not, all of the necessary course materials provided by the course instructor will be available on the provider's course page.
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