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CPD Managerial Building a Master Budget

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Building a Master Budget

$99.00

Master budgets are not just spreadsheets – they are dynamic tools that empower financial leaders to steer their organizations toward success with precision and foresight. This course will teach you how to construct a master budget and how to leverage it for financial planning, decision-making, and performance evaluation within your organization.

Hours
1.5

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SKU: MA006 Category: Tag:

Description

This course teaches you how to prepare the multiple components of a master budget and put them together through practical, real-life examples. You will be guided through all key considerations, from ways to structure the process, to design ideas for your model, and how to use different budgeting strategies for various parts of the budget.

  • Explain what a master budget is and when it is useful
  • Outline the process to create a master budget, including key parties and steps involved
  • List common considerations when preparing revenue, cost, capital, and cash flow budgets
  • Apply various budgeting techniques to calculate budgeted amounts for various financial statement considerations
  • Describe best practices when creating master budgets