About Budgets & Managing Money

For managers in today’s business world, it’s essential to have a working knowledge of finance. We all play a role in our organisation’s financial health, whether we realise it or not. If you don’t have training or a background in finances, you may be at a disadvantage as you sit around the management table. Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red. This session will familiarise you with the key concepts of finance and accounting and help you prepare budgets with more confidence.

If this session was not what you were looking for, or you have specific needs in mind, please contact our editing team. We are able to build you a session that will suit your objective and team. Contact us for these training choices in all major cities Melbourne, Canberra, Parramatta, Perth, Sydney, Adelaide, Brisbane, Gold Coast, Darwin

Budgets and Managing Money

Lesson 1

Overview

  • Discussing about the workshop
  • Learning Objectives
  • Personal Objectives

Lesson 2

Finance Jeopardy 

  • Review the Key Concepts and Ideas with the participant

Lesson 3

The Fundamentals of Finance 

  • Basic Financial Concepts
  • Generally Accepted Accounting Principles
  • Key Players
  • Roles in Finance

Lesson 4

The Basics of Budgeting

  • Defining a Budget
  • Types of Budgets
  • Understand Where Your Budget Fits In

Lesson 5

Parts of a Budget 

  • Learning The Four Key Parts of Budget

Lesson 6

The Budgeting Process

  • Gather the Budget Package
  • Lay the Groundwork
  • Identify Your Goals
  • Gathering Your Resources
  • Planning and Doing

Lesson 7

Budgeting Tips and Tricks

  • The Do’s and Don’ts of Budgeting

Lesson 8

Monitoring and Managing Budgets

  • How to Manage Budget
  • How to Monitor Budget

Lesson 9

Crunching the Numbers 

  • Understanding Ratio Analysis

Lesson 10

Getting Your Budget Approved

  • Know what to expect.
  • Provide what they expect.
  • Be prepared.
  • Do a mock presentation.

Lesson 11

Comparing Investment Opportunitie 

  • Proper Planning
  • Guides to Make Decision

Lesson 12

ISO 9001:2008 

  • What is ISO 9001:2008?
  • Processing and Exploring Its Impact

Lesson 13

Directing the Peerless Data Corporation 

  • Intensive Role Play
  • Five Financial Decision
  • Debriefing Points

Lesson 13

Workshop Wrap-Up 

  • Personal Action Plan
  • Recommended Reading List
  • Course Evaluation
  • General Evaluation
Additional Modules and Sample Sections

The basics of accounting and finance

We start at the basics with participants as we find out more about the current knowledge and level of participants. Our trainer discusses a few key terms and assists with everyone to be on the same page and level before we develop this subject.

How to identify their role in finances

Understanding the areas in which participants deal with finances within the company and organisation is important. We personalise this area as we discuss the individual needs and roles to play.

How to look at financial reports, including a profit and loss statement, an income statement, and a financial statement

In this section we discuss all the different financial reports that employees may come across in the workplace. We develop any areas where the participants need additional assistance or expertise.

Ways to track business expenses

Participants are provided with a clear system for tracking business expenses. With detailed reports is it easier to apply financial forecasts and planning.

How to develop a good budget

Having an idea of what to expect is a positive step in the right direction. We go through the standards of creating a good budget that is easy to follow and understand.

Things to think about when deciding what accounting method to use

Accounting is described as the art of identifying, measuring, recording, interpreting and communicating the results of economic activities. Learning which methods to use for those areas can be quite confusing. Our team help with providing factual information and useful skills that are in use in many workplaces today.

Simple ways to manage money to generate a profit

Managing money doesn’t need to be rocket science. We develop some simple strategies that anyone can follow to make sure they are generating profit.

Ways to compare investment opportunities

Comparisons can be a great way to find investment opportunities. Looking for the gold nugget in a sea of information may seem difficult. Learn how to spot a great investment opportunity by way of comparison.

What to do when finances affect people

Finances in the workplace can affect people in many different ways. Teams may have different budgets, expenditures and needs. Learn how finances can affect those you work with.

About the ISO 9001:2000 series

This is a structured process in which your business can raise the quality of the products and services that you provide, and then maintain that level.

Decision-making skills

Being able to make executive decisions when it comes to budgets, finances and managing money will help any that work in these areas or roles. Learn more from our team about the skills required and gain new tools provided.

Customised Training Session For Teams (Included No Charge)

One of our services is the full customisation of the manual and delivery of the training for your session. Generic content and standard training is not at all what we do! We believe that your team, the challenges they face and the customers they assist differ so much from every industry that we are happy to fully customise the training and hone right in on their needs. This way, they will be shown real skills they can use right away that are relevant to your industry and your customers.

In-House Customised training benefits:

  • Flexible length – You choose the length of the session
  • Highly Effective Team/Industry Specific
  • Certificate of Completion (Professional Grade)
  • Create a Team Building environment
  • Cost effective – Group rate discount
  • Printed courseware (No need to download or use an App to read)

Creating Content (Contact us for Quotation)

While many courses hit the mark quite closely, there is nothing better than a course that is written to make sure that it fits perfectly and covers your needs and objectives. When our team write content for you, it becomes yours. The course ware we develop in our Content Creation service is owned by you. We do the work to make sure you are 100% satisfied and your course is perfect. Contact our team for more details on how we can help.

Instructor Led Online

Download Certificate of Completion $495 inc GST
Printed and Posted Certificate of Completion $515 inc GST

All of Paramount’s training courses are provided online, along with a trainer to assist our clients in their learning experience. While we believe that flexibility in time and place for taking the courses is important, we also believe that a mentor’s hand is equally important for a proper learning experience. With this belief in mind, Paramount makes sure that trainers are always ready to assist our valued clients, and that they can adjust to any time or place the customer wants to start their training course. Book a course today!

Public Workshop at a Venue

Details:

  • Time: 9:00 AM – 4:00 PM
  • Small Number of participants per workshop, average 5 people, max 12
  • Lunch and refreshments are included

Details:

  • Pay on Invoice or by Credit Card
  • Professional Grade Certificate of Completion Provided
  • Comprehensive courseware and materials

Please scroll Horizontally to see course dates:

LocationDate 1Date 2Date 3
Sydney
Level 1, 111 Harrington Street Sydney NSW 2000
Oct 17
1 day course
$495.00
Book Now
Jan 16
1 day course
$495.00
Book Now
Apr 01
1 day course
$495.00
Book Now
Perth
Level1 Cloisters, 863 Hay Street Perth WA 600
Oct 17
1 day course
$495.00
Book Now
Jan 16
1 day course
$495.00
Book Now
Apr 01
1 day course
$495.00
Book Now
Brisbane
24/215 Adelaide Street, Brisbane QLD 4000
Oct 17
1 day course
$495.00
Book Now
Jan 16
1 day course
$495.00
Book Now
Apr 01
1 day course
$495.00
Book Now
Melbourne
123 Queen Street, Melbourne VIC 3000
Oct 18
1 day course
$495.00
Book Now
Jan 16
1 day course
$495.00
Book Now
Apr 01
1 day course
$495.00
Book Now
Adelaide
19 Young Street Adelaide SA 5000
Oct 17
1 day course
$495.00
Book Now
Jan 16
1 day course
$495.00
Book Now
Apr 01
1 day course
$495.00
Book Now
Canberra
4 National Circuit Canberra ACT 2600
Oct 17
1 day course
$495.00
Book Now
Jan 16
1 day course
$495.00
Book Now
Apr 01
1 day course
$495.00
Book Now

Get Information or Quotation For Your Team

You May Like