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Prepare and Monitor Budgets

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10 Study Hours
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$795 $599
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Planning is the key to an organisation achieving its goals. However, translating high-level plans into realistic and workable budgets can be challenging.

"Being that OCA is a completely online campus, I looked for every reason not to do my course through them. I looked at every AAA professional provider and the people teaching the courses. In the end, of all the providers, I went with the one I least expected to. The service is beyond what any big brand campus gives you, and everything is set out so well. Huge ups to OCA for completely turning me around! I would recommend studying through OCA to anyone who wants a real advantage. Thank you!" - Jaqui

This financial planning course introduces the main concepts involved in the planning, implementation and monitoring of business budgets, and provides insight into important aspects of managing team budgets and financial plans including accurate reporting, monitoring and financial performance review.

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Why students love learning with us

We don't use dense academic text books. Instead, we design digestible step-by-step modules and high-quality video sessions, backed by 24/7 tutorial support. The lessons are all taught on demand, and assessments are generally short answer or multiple-choice and can be re-taken as many times as needed. They’re perfect for people with busy lives and families who want to better themselves while unlocking better opportunities.
We are CPD endorsed. Completing CPD-endorsed learning gives you CPD Points. These points are recognised by employers. You will receive evidence of your CPD points on your Course Completion Acknowledgement and digital badge issued by Credly.
Enrol at any time and study on your own terms. Assessments are designed to improve comprehension rather than test the recall of facts in a timed setting.
We're here to help, whenever and wherever you need it. Access expert support from a tutor by email or phone (Mon-Fri) or reach us on live chat, 7 days a week.
Our courses are designed in collaboration with institutions, employers and industry experts to equip you with practical, real-world skills that will advance your career and broaden your mind.
Choose how and when you pay for your course. Pay upfront with your credit card or Apple Pay, set up a flexible payment plan or use Afterpay or Latitude Pay to buy now, pay later.
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Upon successful completion of this course you will receive a course completion acknowledgement and short form credential for: Prepare and Monitor Budgets.

Delivered 100% online, no classroom required

Instant access (simply enrol online, anytime)

Assessments are short-answer and multiple choice

Fast turnaround on marking (within 1 business day)

One on one mentor support

Live chat, 7 days a week

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Start anytime flexible study
 

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Real-world mentor with industry experience

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Call 1300 611 404
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Total Cost $795
We want you to love what you’re learning!
If your course isn't the right fit, we offer a 7-day cooling-off period so you can either switch to another course or get your money back. No pressure, no hassle — just real flexibility. It's why thousands of students choose OCA for their learning journey.

Sample extract from our Prepare and Monitor Budgets course.

This topic describes the skills and knowledge required to undertake budgeting, financial forecasting and reporting requirements, and to allocate and manage resources to achieve the required outputs for the business. It includes contributing to financial bids and estimates, allocating funds, managing budgets and reporting on financial activity.

As you progress through this course you will learn about how to research, review and analyse financial data and suitable software, prepare budget in line with company policies and procedures, how to communicate to key stakeholders to gain a buy in and how to manage risks and meet compliance requirements. You will also learn skills in financial reporting to conform with company and statutory requirements and to evaluate and make recommendations to ensure financial viability.

You will learn how to:

  • Plan for financial management
  • Establish budgets and allocate funds
  • Implement budgets
  • Report on finances

In addition, this course will provide you with the skills and knowledge required to analyse financial and other business information in order to prepare and monitor budgets. It requires the ability to draft and negotiate budgets, identify deviations and manage the delivery of successful budgetary performance.

As you progress through this course you will learn about the budget process and preparation, how to cost a budget and negotiate and communicate with stakeholders on reporting and financial management responsibilities and how to monitor and review budget against actual performance and make recommendations to improve future performance.

You will learn how to:

  • Prepare budget information
  • Prepare budget.
  • Finalise budget.
  • Monitor and review budget.

If you would like to preview this online financial planning course in more detail, click on DEMO above or call our team on 1300 611 404. You may also be interested in our How to Write a Business Plan course - click here.

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