Making Budget and Forecast involves estimating income, controlling expenses, analysing trends, and planning resources to achieve financial stability, reduce risks, improve decision-making, and support sustainable growth within organisations’ strategic objectives.
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1 Year Access 
Level 2 
27 Students 
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Making Budget & Forecast provides practical knowledge of Budgeting, Budget Planning, and Financial Planning to help learners understand how effective budgets and forecasts support business decisions. Explore operational and financial budgets, revenue and cost requirements, qualitative considerations, and the fundamentals of Budget Management for stronger financial control.
Develop essential skills in Financial Forecasting, Cash Flow Forecasting, Revenue Forecasting, and Cost Forecasting through structured lessons and practical examples. Learn how revenue information connects with operational plans and understand the logical steps involved in creating effective budgets that support accurate planning and sustainable business performance.
This course also introduces Financial Analysis and Financial Modelling concepts relevant to modern business planning. Whether reviewing revenue requirements, managing costs, or connecting financial and operational plans, learners gain practical insights into developing informed budgets and forecasts that can improve decision-making, financial visibility, and organisational performance.
Learners complete an assignment designed to evaluate their understanding of the course content. The assignment is reviewed by qualified tutors who provide personalised feedback, allowing learners to demonstrate their applied knowledge and skills.
After completing the Making Budget & Forecast course assessment, you will be eligible to receive a CPD-accredited certificate worth £9 from One Education to demonstrate your achievement.
The certificate is also available as a printed hard copy delivered by post for £15.
Quality Licence Scheme Endorsed Certificate
Learners also have the option to order a Quality Licence Scheme (QLS) Endorsed Certificate as additional proof of achievement. The QLS Endorsed Certificate can be delivered by post for £69, with an additional £10 postage charge for international students.
This course has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.
Budgeting and Financial Forecasting are essential for effective financial planning and business decision-making. This course helps learners develop practical skills in Budget Planning, Budget Management, Financial Planning, Cash Flow Forecasting, Revenue Forecasting, Cost Forecasting, Financial Analysis, and Financial Modelling to support accurate financial projections.
Studying budget and forecast preparation can strengthen practical financial management skills. Learners can create budgets, forecast revenue and costs, monitor cash flow, analyse financial performance, and build financial models while developing confidence in Budget Management and Financial Planning for effective business decision-making and long-term financial control.
The Making Budget & Forecast course has a total study timeframe of 2 days, 11 hours. Learners can progress through the programme at a flexible pace, developing practical skills in Budgeting, Financial Forecasting, Budget Planning, Financial Planning, Budget Management, Cash Flow Forecasting, Financial Analysis, Revenue Forecasting, Cost Forecasting, and Financial Modelling.
The Making Budget & Forecast course has no formal entry requirements, making it suitable for beginners and aspiring finance or business professionals. An interest in budgeting, financial forecasting, budget planning, financial planning, budget management, cash flow forecasting, financial analysis, revenue forecasting, cost forecasting, and financial modelling is beneficial. Good English, basic numeracy and computer skills, and reliable internet access are recommended for effective online learning.
What is the Making Budget & Forecast course?
The Making Budget & Forecast course provides practical knowledge of preparing budgets and financial forecasts for effective business planning. It covers Budgeting, Financial Forecasting, Budget Planning, Financial Planning, Budget Management, Cash Flow Forecasting, Financial Analysis, Revenue Forecasting, Cost Forecasting, and Financial Modelling.
Who is the Making Budget & Forecast course suitable for?
The course is suitable for finance professionals, accountants, business owners, managers, entrepreneurs, finance students, and anyone who wants to develop practical skills in Budget Planning, Financial Forecasting, Financial Analysis, and business financial planning.
What will I learn from this Budget and Forecast course?
You will explore Why Budget and Forecasts, along with further topics covering the principles and practical applications of budgeting and forecasting. The course helps develop knowledge of Budget Management, Financial Planning, Cash Flow Forecasting, Revenue Forecasting, and Cost Forecasting.
What is Budget Planning?
Budget Planning involves estimating expected income and expenditure over a specific period and allocating financial resources accordingly. It helps organisations establish financial targets, monitor spending, and support effective Financial Planning and decision-making.
What is Financial Forecasting?
Financial Forecasting involves estimating future financial performance using available financial information, historical trends, assumptions, and expected business conditions. It can support planning for revenue, costs, cash flow, and future financial requirements.
What are the benefits of studying Making Budget & Forecast?
The course can strengthen your knowledge of Budgeting, Financial Forecasting, Budget Planning, Financial Planning, Budget Management, Cash Flow Forecasting, Financial Analysis, Revenue Forecasting, Cost Forecasting, and Financial Modelling, providing a useful foundation for business budgeting and financial planning responsibilities.
| Unit-1. Introduction | |||
| Lecture-1 – Why Budget and Forecasts | 00:11:00 | ||
| Lecture-2- Is budget planning a paper exercise | 00:05:00 | ||
| Lecture-3- Operational and Financial Budget | 00:07:00 | ||
| Unit-2. Detail Budget Requirement | |||
| Lecture-4 – Components – Revenue Budgets | 00:05:00 | ||
| Lecture-5 – Components – Cost Budget | 00:11:00 | ||
| Lecture-6 – Qualitative Aspects | 00:05:00 | ||
| Unit-3. Process of Making Budget | |||
| Lecture-7- Process of Budgeting – Logical Steps | 00:09:00 | ||
| Lecture-8 – Revenue Budget – What Information we need to make revenue budgets | 00:08:00 | ||
| Lecture-9- Example we used in Class to demonstrate a broad process in budget and planning | 00:17:00 | ||
| Lecture-10 – Cost Budget Process – Link from revenue and operational plan | 00:05:00 | ||
| Lecture-11-Cost Budget Process – Other aspects | 00:10:00 | ||
| Assignment | |||
| Assignment – Making Budget & Forecast | 2 days, 10 hours | ||
| Order Your Certificate | |||
| Order Your Certificate QLS | 00:00:00 | ||
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