ACCY5104TP-S2-2024-Budgets for Planning & Control

This course is designed to enhance the understanding and capabilities of individuals in creating and implementing budgets and assessing performance in an organisation. The curriculum focuses on teaching participants how to make informed decisions that improve the overall financial health of an organisation by evaluating its financial status. Moreover, the course will delve into the various techniques and strategies used for financial planning, forecasting, and risk management.

The course utilises real-world examples to ensure that participants gain practical knowledge and hands-on experience. This approach will make the learning process more engaging and relevant to participants as they study and apply the concepts they have learned in real-world scenarios. The use of practical examples will also aid in enhancing the participants' abilities to tackle organisational challenges effectively.

In addition to teaching individuals how to create budgets and assess performance, the course will also focus on effectively communicating budget and performance monitoring information to relevant internal stakeholders. Furthermore, the course will cover assessing a company's internal controls and financial and operational hazards to determine appropriate measures to reduce or manage risk.

This course aims to provide individuals with a comprehensive understanding of financial planning, forecasting, and risk management while also teaching them how to create and implement budgets and assess performance in an organisation. The course's focus on practical examples and hands-on experience will help participants develop the skills and knowledge to make informed decisions and effectively tackle organisational challenges.

Learning Objectives:

The following objectives will be achieved through this course: