Budgets and Finance


Having a solid understanding of basic financial terms and methods is crucial to your career. When terms like ROI, EBIT, GAAP, and extrapolation are brought in as talking points, you’ll want to feel fully confident you understand the concepts and meanings. Our Budgets and Finance course will give you a solid foundation in finance. We cover topics around financial statements, budgets, forecasting, purchasing and financial law.

Study our course in the way you want. In small units or in one. Synchronise your learning between any device and remember and track your progress. Study and answer questions at your convenience and at the end of the course, if you answer more than 80% of the questions correctly, qualify for a certificate of achievement. You can even log your CPD hours.

In all our business courses, you get access to around six hours of e-learning that you can watch, listen and read. There are usually 100 questions and at the end of the course you will receive a certificate of completion that you can use against any personal or professional development requirements. As well as the course, you also receive a FREE e-book that you can read on your Kindle or other e-reader. You also get a FREE audiobook of the course so you can listen to the whole course uninterrupted on your device.



Part 1: Introduction

  • Overview
  • Learning objectives
  • Learning outcomes
  • Case Study
  • Review Questions

Part 2: Glossary

  • What is finance
  • Common terms
  • Key roles
  • Important finance organizations
  • Understanding IFRS/GAAP
  • Case Study
  • Review Questions

Part 3: Financial Statements

  • The balance sheets
  • Income Statements (P&L)
  • Retained earnings
  • Statement of cash flows
  • Annual reports
  • Case Study
  • Review Questions

Part 4: Analysing financial statements

  • Income ratios
  • Profitability ratios
  • Liquidity ratios
  • Case Study
  • Review Questions
  • Working capital ratios
  • Bankruptcy ratios

Part 5: Analysing financial statements

  • Long term analysis ratios
  • Coverage ratios
  • Leverage ratios
  • Calculating RoI
  • Case Study
  • Review Questions

Part 6: Understanding budgets

  • Common budget types
  • What information do I need?
  • Who is involved in the budget process?
  • What does a budget  look like?
  • Case Study
  • Review Questions

Part 7: Easy Budgeting

  • Factor in historical data
  • Gather related information
  • Adjust for special circumstances
  • Put it all together
  • Computer based models
  • Case Study
  • Review Questions

Part 8: Advanced forecasting

  • Using the average
  • Regression analysis
  • Extrapolation
  • Formal financial models
  • Case Study
  • Review Questions

Part 9: Managing a budget

  • Are you on the right track
  • Should your budget be updated?
  • Keep a diary of lessons learned
  • When to panic
  • Case Study
  • Review Questions

Part 10: Making smart buying decisions

  • 10 questions to ask
  • Determine the payback period
  • Lease or buy?
  • Think outside the box
  • Case Study
  • Review Questions

Part 11: Legal implications

  • A brief history
  • The Sarbanes Oxley Act
  • CEO/CFO certification
  • Think outside the box
  • Case Study
  • Review Questions

Part 12: Wrap up

  • Words from the wise
  • Lessons Learned
  • Your Results
  • Further Reading
Topics Covered

Topics Covered

Throughout the course you will develop key skills as you cover the following topics

  • Common terms and roles in the finance function
  • Understanding financial statements
  • Budgeting
  • Advanced forecasting
  • Managing a budget
  • Legal issues
What You'll Learn

What You'll Learn

By the end of this course on budgets and finance, you will be able to:

  • Understand the common language of the finance function
  • Know how to create and manage budgets
  • Know how to read financial statements
  • Know how to forecast

Who It's For

Who It's For

Anyone who has some responsibility over budgeting and finance, whether at a department, regional or company wide leve.

Prior knowledge

Be able to understand the basics of finance in a corporate environment.

As you develop your career, there will be a constant requirement to not only refresh and update existing technical learning but also to develop new skills and ways of thinking and behaving.

Technical Skills

Whether you’re in production, distribution, sales, finance, human resources or management your technical skills will always need to keep up with the latest developments in technology and change. The learning for this will generally come from your peers, industry trends and specialised training.

New skills

However, as you move up in seniority through an organisation or become and entrepreneur, you will be faced with learning a much wider array of skills. You will need to learn how to be a generalist but with the ability to look at the whole of a business and how it all interlocks.

People Skills

Most importantly, you will need to master your own behaviours and character and emotional intelligence in order to influence, inspire and bring people along with your vision.

Your career, personal and professional development should never stop, whether you are learning because of a company or professional body requirement or whether you are just wanting to grow.


We have many more courses for you, your business or organisation. Get in touch about how to get our courses available to your organisation or fellow learners at [email protected]

For Businesses

For Businesses

Are you looking for a comprehensive learning solution for you and your teams? We have a portfolio of over 150 business short courses that are available online and on-demand. These ready to go courses cover all key areas of a business from finance & operations, sales & marketing, human resources to administration and management. As well as hard skills that range from elementary to advanced, there is an array of people and soft skill development.

Our e-learning is comprehensive, up to date and produced by a high quality learning and editorial team. It combines the latest in business thinking with the latest in learning technology. Learning can be delivered wholly online through self-study, with virtual tutor support or in a group & classroom environment by our qualified trainers.

  • All online learning is tracked and courses can be used as part of a personal development plan for staff
  • Learners can study out of hours or in breaks with bite-size learning
  • Get back end management reports on learner progress
  • Cost efficiently solve any compliance, insurance, regulatory, union or staff association requirements
  • Save on staff training and CPD costs
  • Choose and pay for only the courses you need or look at our library models for even greater value
  • No lock-in contracts – pay monthly or get a handsome discount for annual and multi-year deals
  • No big installations necessary – a simple web browser is all you need to get started
  • New courses being added all the time

Get in touch at [email protected] or hit the Chat button for an instant response

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