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Certified Budget Analyst - Advanced Tools in Budgeting, Forecasting & Reporting

LEORON Professional Development Institute
Training overview
Professional Course
4 days
From 3,470 USD
Start dates
3,470 USD
Inquire for more information

4,770 USD
Inquire for more information

4,770 USD
Inquire for more information

4,770 USD
Inquire for more information

Course description

Certified Budget Analyst - Advanced Tools in Budgeting, Forecasting & Reporting

This program has been designed to provide the participants with a broad view and understanding of financial budgeting for enterprises. A discussion of financial statements is a must when considering the creation or analysis of financial budgets. Also, an understanding of how costs behave and how they can be derived and allocated to the various aspects of the business units is also an important part of preparing budgets.

We will be discussing various budgeting methods that have been used and are still in use today in various enterprises. We will also be discussing the methods we can use to assess whether a budget is appropriate and should be approved, and in some cases, whether a project should be undertaken at all.

And finally, no discussion about budgets can be complete without assessing how well a company or sub-unit has actually performed in relation to their budget, and understanding why there are any differences, which there will usually always be.

Who should attend?

This course has been specifically designed for the benefit of:

  • Budgeting and planning personnel
  • Capital and resource planning
  • Managing Directors
  • Finance managers
  • Financial Controllers
  • Senior and mid-level management
  • Department managers
  • Strategists
  • Data analysts
  • Risk controllers
  • Board members


Some prior knowledge of finance would be a definite advantage. However, for participants with many years of business experience, prior finance knowledge is less important as their business acumen will usually make up for any gap in conceptual knowledge.

A good working knowledge of Microsoft Excel would be advantageous, as some of the case studies are more efficiently completed with Excel.

Training content

Part 1 -Introduction to budgeting and the financial statements

  • Introduction to budgeting
  • Understanding financial statements

Part 2 -Forecasting revenues and understanding costs

  • Responsibility centres and forecasting revenues
  • How do costs behave?
  • Commonly used methods for allocating costs to products, departments or services

Part 3 -Different approaches to preparing budgets

  • Using discounted cash flows (DCF) for analysis
  • Project budgets
  • Incremental vs zerob-ased budgets
  • Continuous budgets/rolling forecasts
  • Static vs Flexible budgets

Part 4 -Preparing the master budget

  • Introduction and preparing the operating budget
  • Preparing the capital expenditure budget
  • Preparing the financial budget

Part 5 -Controlling and analysing budgets

  • The need for budget controls
  • Using financial ratios for analysing/approving the budget
  • Creating performance reports
  • Variance Analysis

Certification / Credits

Upon completion of this course, the participants will be able to:

  • Understand the purpose of preparing budgets
  • Assess whether a budget should be
    approved or rejected
  • Read annual or budgeted financial
  • Analyse budgets in various ways
  • Better analyse variances between actual
    and budgeted results
  • Prepare budgets using various approaches
  • Better choose which budget approach is
    more appropriate
  • Allocate costs to products, services or
    departments using various methods
  • Understand how costs behave and what
    drives them
  • Better forecast revenues and costs
  • Use DCF to evaluate a project
  • Prepare the master budget

You'll receive:

28 NASBA CPE credits

Why choose Leoron?

LEORON has worked with some of the largest companies in the World - but importantly we care about the individual. Through our Customer Happiness Team we ensure that everyone who attends a LEORON course has the support before, during and after to ensure their training needs are met.

We offer the highest level of training delivery, whether that be in our live-virtual training or in-classroom sessions, with our expert instructors guiding you through everything so that you’re left feeling assured and confident to utilize your new knowledge going forward.

About Leoron

LEORON Professional Development Institute

LEORON is the fastest growing global training institute in the World, having evolved over the past 11 years into a dominant training institute that offers a comprehensive set of training and development solutions to both individuals and businesses. Our locations...

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Contact info

LEORON Professional Development Institute

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