Budgeting for Business

Learn how to create and use budgets effectively in company large or small.

4.55 (4032 reviews)

Udemy

platform

English

language

Finance

What you will learn

Be able to use the budgeting process to increase teamwork, planning, and control where you work or in your own business.

Be able to apply the budgeting process to improve organizational performance.

Be able to speak confidently on the key concepts of the budgeting process including who, what, when, where, and why do a budget.

Know how to create the suporting schedules required to build a budgeted Income Statement and Balance Sheet.

Two sets of business data including blank and completed templates to allow you to create a budget right along with the lectures then practice your skills on your own.

Be able to Identify ethical issues in the budgeting process.

Be able to create complete budgeted Income Statement and Balance Sheet as well as a flexible budget to assess variances between budgeted and actual performance.

Course Gallery

Budgeting for Business – Screenshot 1 — Screenshot 1 – Budgeting for Business

Budgeting for Business – Screenshot 2 — Screenshot 2 – Budgeting for Business

Budgeting for Business – Screenshot 3 — Screenshot 3 – Budgeting for Business

Budgeting for Business – Screenshot 4 — Screenshot 4 – Budgeting for Business

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Comidoc Review

Our Verdict

Budgeting for Business by Udemy offers a comprehensive introduction to the budgeting process making it ideal for beginners looking to grasp key concepts while providing real-world business data for hands-on practice. However, its limited focus on dynamic content and advance techniques along with outdated updated time could make it less engaging for creative learners and those seeking advanced skills.

What We Liked

Comprehensive course covering key concepts of budgeting process including creation of supporting schedules and identification of ethical issues
Real-world business data provided, allowing for hands-on practice in creating budgeted Income Statement and Balance Sheet
Expert instructor explains budgeting techniques clearly, ensuring students feel comfortable with the material

Potential Drawbacks

Last update over five years ago may not reflect current budgeting practices or tools
Lack of dynamic content could make it challenging for creative learners to stay engaged throughout course
Limited focus on advanced budgeting techniques like variance analysis and long-term prospective financial tools