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Budgeting Series Training CBT Suite

Price: $258.00

CBT Course Overview:

The Self Study Store Computer Based Training Budgeting Series consists of the courses Budgeting: Creating and Analyzing a Budget, Budgeting: Operating and Manufacturing Budgets, and Budgeting: Capital Budgeting. Budgeting: Creating and Analyzing a Budget gives the student an overview of the purpose of budgeting, the types of budgets, and the elements of a successful budget. The program includes a process for creating a budget, ways to analyze and compare budgets, and important guidelines to apply during the budgeting process. Budgeting: Operating and Manufacturing Budgets gives the student an overview of operating and manufacturing budgets, variance analysis, and forecasting. The program covers terms and practices unique to operating and manufacturing budgets, as well as methods for creating operating and manufacturing budgets. Additionally, the program covers several options for devising an action plan to solve a problem identified during variance analysis. Budgeting: Capital Budgeting gives the student an overview of capital budgeting basics, methods for discounting cash flows, and how discount rates are determined. This program includes a process for assembling a capital budget and one for justifying a capital budget. Additionally, the program outlines how capital budgets are evaluated and approved.

Total Training Duration:

12 hours

CBT Course Modules:

• Budgeting: Creating and Analyzing a Budget Training CBT
• Budgeting: Operating and Manufacturing Budgets Training CBT
• Budgeting: Capital Budgeting Training CBT

Training Course Topics:

• List the five purposes of budgeting.
• List the various types of budget.
• List the steps of the budgeting process.
• Identify the elements of a successful budget.
• Identify five methods for analyzing budget information.
• Identify guidelines to remember during the budgeting process.
• Classify costs as fixed or variable.
• Classify costs as controllable or uncontrollable.
• Given a situation, identify the method used to create an operating budget.
• Identify methods used to create a manufacturing budget.
• Identify a variance as favorable or unfavorable and positive or negative.
• Using variance information, evaluate and brainstorm solutions to a performance issue.
• Provided a scenario, correctly identify the capital budgeting decision being made.
• Calculate the depreciation of an asset using the straight-line method.
• Identify and apply formulas for discounting cash flow.
• Calculate discount rates.
• Sequence the steps managers should follow when justifying a capital project.
• Select capital investment opportunities using different evaluation methods.