Professional Certificate in Budgeting and Cost Management
The graduate has successfully completed the Global Professional Certificate in Budgeting and Cost Management. The program comprises 4 online courses (of 20 hours each), and a total of 80 hours of learning.
COURSE 1: DEVELOPING BUSINESS BUDGETS
COURSE 2: ACCOUNTING FOUNDATIONS
COURSE 3: FOUNDATIONS IN COST MANAGEMENT
COURSE 4: BUDGETARY PLANNING AND CONTROL
Skills / Knowledge
- develop a range of business budgets
- Develop a consolidated business budget
- Develop budget forecasts
- Monitor and report on business budgets
- Understand basic accounting principles
- Understand the principles of bookkeeping
- Understand the debts and credits principle
- Understand and refer to accounting standards
- Apply a range of mathematical formula to analyze business financial activity.
- Understand cost centers and cost allocations
- Know how to classify business costs
- Understand the range of costing methods
- Use Standard costing effectively
- Understand and calculate breakevens
- Apply a range of techniques to reduce business costs
- Know how to align budgeting with business planning
- Know how to manage the budgeting process
- Manage the implementation of business budgets
- Know how to monitor and control business budgets
- Develop and manage the budgeting report process