Course Detail(BPP054 : New age budgeting)

BPP054 : New age budgeting

1.50 CPE Hours (Others)
Online


Programme Overview

This is an e-learning programme. 
Upon successful registration and payment, you will be notified via email within 7-10 working days on your login ID, password and user instructions to access this programme. 
(The programme is valid for 6 months from the date of purchase.)

 
No cancellation or change in programme enrolment once the enrolment is successful.
 

Programme Outline

Few would argue that traditional budgetary processes are time consuming, creaking at the seams, lacking transparency and add little value and insights to managers throughout the business. Yet the majority of organisations still pursue budgetary processes that were developed well over 90 years ago during an age of much greater stability and certainty. This module explores today’s shortcomings, the real needs for the 21st Century and alternate, more advanced approaches.

On completion of this course you will understand:
 

  • The shortcomings in traditional budgetary processes and why should we change
  • The real purpose of a budget and what a good budget should seek to achieve
  • More advanced non-statistical and statistical techniques to improve forecast and budgetary accuracy
  • How costs are really driven and the impact on our cost understanding and forecasting
  • Budgetary alternatives being practiced today - Rolling forecasts / flexible budgets, Activity or Driver Based Budgeting and Output Budgeting

Training Methodology

E-Learning (24/7)

Intended For

Foundation to Intermediate programme intended for practising and non practising accountants

Competency Mapping

Others = 1.50 Hours

Schedule & Fees

Fee (inclusive of GST)

For Members: $ 96.30
For Non-Members: $ 107.00

Programme Facilitator(s)

Online Instruction

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


This is an e-learning course.


Programme Overview

This is an e-learning programme. 
Upon successful registration and payment, you will be notified via email within 7-10 working days on your login ID, password and user instructions to access this programme. 
(The programme is valid for 6 months from the date of purchase.)

 
No cancellation or change in programme enrolment once the enrolment is successful.
 

Programme Outline

Few would argue that traditional budgetary processes are time consuming, creaking at the seams, lacking transparency and add little value and insights to managers throughout the business. Yet the majority of organisations still pursue budgetary processes that were developed well over 90 years ago during an age of much greater stability and certainty. This module explores today’s shortcomings, the real needs for the 21st Century and alternate, more advanced approaches.

On completion of this course you will understand:
 

  • The shortcomings in traditional budgetary processes and why should we change
  • The real purpose of a budget and what a good budget should seek to achieve
  • More advanced non-statistical and statistical techniques to improve forecast and budgetary accuracy
  • How costs are really driven and the impact on our cost understanding and forecasting
  • Budgetary alternatives being practiced today - Rolling forecasts / flexible budgets, Activity or Driver Based Budgeting and Output Budgeting

Training Methodology

E-Learning (24/7)

Intended For

Foundation to Intermediate programme intended for practising and non practising accountants

Competency Mapping

Others = 1.50 Hours

Programme Facilitator(s)

This is an e-learning course.

Upcoming Schedule

Fee (inclusive of GST)

For Members: $ 96.30
For Non-Members: $ 107.00

Programme Facilitator(s)

Online Instruction