About this Course
Take your financial expertise to the next level with our Professional Certificate in Enterprise Budgeting and Forecasting. This course is tailored for those who have a foundational understanding of budgeting and forecasting from their university studies and some experience in the field. It offers an in-depth exploration of advanced budgeting and forecasting techniques, providing practical and relevant knowledge that can be directly applied in professional settings. The course is designed to enhance your skills and competencies, preparing you for more complex roles in financial planning and analysis.
Learning Objectives
After successful completion of this course, you should be able to demonstrate the following competencies:
- Demonstrate an understanding of the internal and external business factors in budgeting.
- Understand the concept of scarce resources and limiting factor analysis using linear programming.
- Be able to decide to make or buy a product and discontinue part of a business.
- Understand the concepts of planning, forecasting, and budgeting.
- Be able to prepare basic budgets - functional, cash and master budgets.
- Be able to prepare production budgets and flexing budgets.
- Understand the impact that changes in the economic environment will have on the budget.
- Use budgetary control to ensure organizational targets are met.
- Be able to identify and interpret general performance indicators.
Delivery
SA Accounting Academy delivers this online short learning program course. This course is divided into 13 modules. In this way, you can maintain a work-life balance while studying a just-in-time course to upskill yourself. The required effort is 4 to 8 hours per week.
Is this for you?
The Professional Certificate in Enterprise Budgeting and Forecasting is specifically designed for individuals who already have a foundational understanding of budgeting and forecasting from their university studies and some experience in the field. If you're a finance, accounting, or business management professional seeking to deepen your knowledge and enhance your practical skills in enterprise budgeting and forecasting, this course is for you.
It's also an excellent choice for entrepreneurs and business owners who have a basic understanding of budgeting and forecasting and want to take their skills to the next level. Whether you're aiming to advance in your current role, considering a career shift, or striving to make more informed business decisions, this course offers the comprehensive knowledge and practical skills you need to succeed.
By the end of this course, you'll be equipped with advanced budgeting and forecasting techniques that can be directly applied in professional settings, helping you drive business growth and make a significant impact in your organization.
Lecturer
Nadia Lourens
Nadia is a highly accomplished professional with a B.Acc Hons (CTA) degree, and completed her undergraduate degree in 2 years. Along with her academic standing, she also has 9 years of teaching and learning experience, and is currently in her final year of SAICA articles. Nadia brings a wealth of knowledge to the field of financial education. Despite perceived gaps in experience and credentials compared to other lecturers, her unwavering passion for these subjects, coupled with her dedication to education, sets her apart. Nadia is committed to fostering an enriching learning environment, bridging theory with practical application, and empowering students. Join Nadia on a transformative educational journey, leveraging her deep understanding of accounting principles and expertise in budgeting and forecasting for unparalleled professional growth and success.
Prerequisites / Admission Requirements
As this course is designed for those already have a foundational understanding of budgeting and forecasting from their university studies and some experience in the field. A relevant Degree or Diploma with three years relevant experience is recommended.
Accreditation
This professional education course is a non-credit bearing short learning programme. The course is aligned to the International Federation of Accountants (IFAC) International Education Standard (IES) 7 and is recognised for CPD / CPE by accounting professional bodies.
Assessments
This course includes two formative assessments and one summative assessment to test your knowledge throughout the course. Learners must achieve all competencies of the course.
Assessment and Certification
On successful completion (i.e., competence in all modules) of this course the learners will be awarded:
- Certificate of Competence issued by SA Accounting Academy.
Curriculum
Modules:
- Module 1: Cost behaviour
- Module 2: Variable and absorption costing
- Module 3: Cost allocation
- Module 4: Budgetary Control
- Module 5: Relevant costing
- Module 6: Cost estimation and forecasting
- Module 7: Preparing budgets & Budgeting software
- Module 8: Basic standard costing
- Module 9: Target costing and life cycle costing
- Module 10: Limiting factor analysis
- Module 11: Cost-volume-profit analysis
- Module 12: Sensitivity analysis
- Module 13: Reporting variances and making recommendations
For more information on what will be covered in the curriculum please download the prospectus.
About SA Accounting Academy
The SA Accounting Academy is an accredited private SAICA - AT(SA) and ICB qualifications provider. We are committed to providing our students with the highest quality training and support, to ensure that your skills and knowledge are up to date and ready to face the challenges of the modern workplace. Qualifications and courses delivered are designed to ensure that you reach your professional goals and advance your career. With our experienced faculty, staff, and resources, you can be confident that you will receive the highest quality of training.
SAAA is a Level 2 B-BBEE contributor, with 125% procurement recognition. Training spend on certain solutions can be allocated against the Skills Development element of the B-BBEE Scorecard through accredited and nonaccredited training or claimed through SETA grants. In addition, 25% of your Skills Expenditure can be claimed on non-accredited training or courses.
Course Fees
The course fee is R 11 963.00 and consists of:
- Study material - Online course material
- Online Facilitator support
- Assessments
Payment Methods
Debit / Credit Card or Instant EFT
You can pay directly on our website for an easy, secure, and instant transaction. During promotional periods, customers can take advantage of additional savings. This is the fastest and most efficient option, saving both time and money.
EFT / Bank Deposit
You can make a payment directly into our bank account using your Online Banking App, Online Banking services, or by visiting your local bank branch.
Your Company / Employer
It may be beneficial for your company to invest in training for its staff members. As there are financial and tax advantages for doing so, please speak with your employer or Training / HR manager about the possibility of paying for this training.
Third Party
If you have someone who is willing to pay for your studies, such as a parent or relative, they can either log in and pay on our website or they can pay via any of the payment options above on your behalf.
Payment Options
Option 1: Once off payment
- R 11 963.00
Contact Us
Online chat through our website https://accountingacademy.co.za
WhatsApp: Start chatting (+27635026114)
Phone: 010 593 0466
E-mail: support@accountingacademy.co.za
- Teacher: Nadia Lourens
