Certificate of Achievement
has completed the following course:
Budget Forecasting, Costing, and Variances
Kaplan
The second course of four in A Practical Guide to Budgeting ExpertTrack delved deeper into budgeting. This included calculating different types of costs and forecasting using a variety of methods and calculations. It finished with variance analysis, covering materials, labour and sales.
3 weeks, 3 hours per week
Katie
CIMA Curriculum Manager and tutor
Kaplan
Transcript
Learning outcomes
- Calculate fixed and variable costs
- Identify the differences between fixed, flexible and flexed budgets
- Calculate forecasts using a variety of methods
- Calculate variances using appropriate methods
- Identify the difference between adverse and favourable variances
Syllabus
- Why organisations need to plan
- Fixed, flexed and flexible budgets
- Calculate forecasts using a variety of methods
- The limitations of forecasting methods
- Indexes
- Expected values
Issued on 19th April 2023
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.