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COMMERCE, MANAGEMENT & ADMINISTRATION

Qualification / Course Information

Minimum Duration:

Self-study within 2 weeks. Minimum focused learning time required: approximately 24 hours.

Minimum Credits:

Certificate of Completion

NQF Level:

Successful completion of this short course can be included to your portfolio of evidence for RPL consideration

MODE:

Unassisted Online Learning

CAMPUS:

Online

View Fees Here

LANGUAGE:

English

COURSE OVERVIEW

Budgeting is undoubtedly one of the most important concepts in financial management. Discover the purpose
of budgeting in the business environment and learn how to prepare a range of different budgets. This Online Short Learning Programme is ideal for business managers, leaders, entrepreneurs, entry-level finance or accounting professionals, prospective project administrators and project managers looking for an introductory overview to budgeting.

 

SYSTEM REQUIREMENTS:
  • Chrome browser

  • A desktop / laptop computer (this product is not mobile-friendly)

  • A reliable internet connection with continuous access and a minimum speed of 4MB (this product is not available offline)

Entry Requirements

There are no entry requirements for this Online Short Learning Programme.

However, it is recommended that the applicant has achieved English language competence at a level that is equivalent to Grade 12.

COURSE CURRICULUM

At the end of this Online Short Learning Programme, you should be able to:
  • Define budgeting

  • Explain the purpose of budgeting

  • Discuss the budgeting process

  • Outline the steps involved in the budgeting process

  • Distinguish between fixed and flexible budgets

  • Define and prepare the following budgets: master budget; sales budget; production budget; selling and administrative expense budget; budgeted statement of comprehensive income; budgeted statement of financial position; and cash budget

  • Define zero-based budgeting

  • Discuss the advantages and disadvantages of zero- based budgeting

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