Budgeting essentials and development
- Offered byCoursera
Budgeting essentials and development at Coursera Overview
Duration | 26 hours |
Start from | Start Now |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Intermediate |
Official Website | Explore Free Course  |
Credential | Certificate |
Budgeting essentials and development at Coursera Highlights
- Shareable Certificate Earn a Certificate upon completion
- 100% online Start instantly and learn at your own schedule.
- Flexible deadlines Reset deadlines in accordance to your schedule.
- Intermediate Level
- Approx. 26 hours to complete
- English Subtitles: Arabic, French, Portuguese (European), Russian, English, Spanish
Budgeting essentials and development at Coursera Course details
- The Budgeting Essentials and Development course focus on an integrative and practical view of concepts, methods, and techniques to develop a budget.
- After finishing this course, learners will be able to:
- - Develop the budget with a broad view of the corporate functions;
- - Integrate the strategic guidelines into the discussions of budgeting process;
- - Structure the budget planning and development in a logical sequence
- - Coordinate the project of budget planning with the different areas of the company
- - Actively promote assumptions discussions to improve the process of developing the budget
- - Apply financial concepts to support the budget planning process
- - Design a budget monitoring and control model to support the performance management
- - Evaluate the performance of the company by managing the results and the budget
- In this course, learners will have a deeper understanding of the budgeting process, its challenges, common issues, and approaches to mitigate the problems and improve the learning curve of budget planning.
- It is integrative by emphasizing the transition between the corporate strategy and the budget. It is practical by following a structured process of going through a framework that illustrates and demonstrates how to analyze, develop and control the budget.
Budgeting essentials and development at Coursera Curriculum
Module 1: Strategy & Budgeting - Planning & Controlling
Welcome session and course overview
Video 1 - The planning cycle
Video 1 - The management responsibilities
Video 1 - Benefits and Limitations
Video 1 - The connections with the budget
Video 1 - A transition through planning and controlling
Video 2 - Positioning the company between planning and controlling
Full course overview
Benefits and Limitations
Readings of - The trade-off between ?more planning? versus ?more control?
Practice quiz: Strategy analysis and the budget.
Test your improvement through this quiz
Check your improvement on the topics by doing this quiz
From strategy to the budget
MODULE 2 - Corporate budgeting
Video 1 - Strategy and the budget at corporate level
Video 2 - Strategy and the budget at business level
Video 1 - The governance and the budget
Video 2 - Governance and the budget: Practical aspects
Video 1 - Executive commitment
Video 2 - Objectives, communications, expectations and opportunities
Video 1 - A general overview
Video 2 - Starting the budget development
Video 1 - Information system and the budget
Reading - Corporate budgeting overview
Reading - Corporate budgeting - The link between strategy and the budget
Readings: Governance and the budgeting process
Readings: Budget planning guidelines
Readings: Overview on budget development framework
Readings: Overview on budget development framework - Part 2
Readings - The management information system and the budget
Take this quiz to test your improvement
Take this quis to test your improvement
Take this quiz to test your improvement
Test your improvement through this quiz
Corporate budgeting
Module 3.1 - The company operations and the Budget
Video 1 - A framework to structure budgeting - The revenue budget
Video 2 - Structuring revenue by product lines
Video 3 - Structuring revenue by contracts and territories
Video 4 - Forecasting revenue
Video 5 - Major issues on revenue forecasting
Video 1 - The ending inventory budget
Video 2 - Production budget
Video 3 - Direct materials budget
Video 4 - Direct materials: Combining Methods
Video 1 - The direct labor budget
Video 2 - The manufacturing overhead budget
Video 1 - Cost of goods sold
Video 1 - Introduction to marketing and sales budget
Video 2 - Structuring marketing and sales budget
Video 3 - Analysis on marketing and sales
Video 4 - Advertising
Video 5 - Issues on marketing and sales budget
Video 6 - Performance management
A framework to structure budgeting - The revenue budget
Structuring revenue by product lines
Structuring revenue by contracts and territories
Forecasting revenue
Major issues on revenue forecasting
The ending inventory budget
The production budget
Direct materials I
Direct materials II
The direct labor budget
Manufacturing overhead
The cost of goods sold
Introduction to marketing and sales budget
Structuring marketing and sales budget
Analysis on marketing and sales budget
Advertising
Issues on marketing and sales budget
Performance management
Budget development framework
The company operations and the Budget.
Direct Labor and Manufacturing Overhead
Test your improvement by doing this quiz
Module 3.2 - The company operations and the Budget
Video 1 - Introduction to R&D budgeting
Video 2 - R&D funding
Video 3 - Structuring and controlling R&D
Video 1 - Administration Budget and connections with other budgets
Video 2 - Structuring administration budget and major issues
Video 1 - Capital Budget: Scope overview
Video 2 - Capital Budget: Additional analyses
Video 3 - Outsourcing and leasing as alternatives
Video 1 - Putting the budgets together: The Master Budget
Video 2 - Balance Sheet components
Video 3 - Cash behavior and financial needs
Video 4 - Supporting balance sheet analysis
Introduction to R&D budgeting
R&D funding
Structuring and controlling R&D budget
Administration Budget
Capital Budget - Scope overview
Capital Budget - Additional analyses
Outsourcing and leasing as alternatives
Putting the budgets together - The Master Budget
Balance Sheet components
Cash behavior and financial needs
Supporting balance sheet analysis
Test your learning improvement on R&D budget analysis through this quiz
Assessment: R&D and Administration budget
For testing your improvement, do this quiz on capital budget and the master budget
MODULE 4 - Financial and reporting model
Video 1 - Budget monitoring and financial report
Video 2 - Financing the company - Strategy, budget and financial report
Video 1 - Financial management and working capital
Video 2 - The relevance of working capital and cash
Video 1 - A budget perspective on financial reports
Video 2 - Financial statements - Cash is king
Video 1 - Measuring performance: Indicators
Video 2 - Financial performance management
Conceptual overview and components
Managerial view of cash and the budget
Financial statements and the budget
Financial and non-financial indicators
: Check your improvement on the topics by doing this quiz
Test your improvement through this quiz
Test your improvement through this quiz
Financial and non-financial indicators
MODULE 5 - Budget control
Video 1 - Why Plan, Budget vs Actual Results and Introduction to Variance
Video 2 - Variance
Video 3 - The Connection of Budget and Strategy
Video 1 - Standards, Objectives & Budgets used to measure performance
Video 2 - Internal Control
Video 1 - Results Analysis
Video 2 - Goals achievement and performance management
Video 1 - Strategic Planning Process and the Budget ? Part 1
Video 2 - Strategic Planning Process and the Budget ? Part 2
Why Plan, Budget vs Actual Results, Variance and The Connection between Budget and Strategy
Standards, Objectives, and Budgets used to measure performance & Internal Control
Results Analysis, Goals Achievement and Performance Management
Strategic Planning Process and the Budget
Overview on control function
Concepts on controlling the budget
Results analysis and performance management
Why monitor and control: Strategy and the Budget
For an overall retrospective of the Budgeting Essentials and Development course, test your learning improvement by doing this QUIZ
MODULE 6 - Planning Process ? Approaches and evolution
Video 1 - The planning process and approaches
Video 1 - Traditional budget planning
Video 2 - Processes of planning and the traditional approach
Video 1 - Traditional budgeting - The limitations
Video 1 - Introduction overview on beyond budgeting
Video 2 - Flexible and Bracket Budgeting
Video 3 - Zero-Based-Budgeting
Video 4 - Rolling Forecast
Video 5 - Activity-Based Budgeting
Video 1 - Course wrap-up session
The planning process and approaches
Traditional budget planning
Processes of planning and the traditional approach
The traditional budget planning and its limitations
Flexible and Bracket Budgeting
Zero-Based Budgeting (ZBB)
Rolling Forecast
Activity-Based Budgeting
Test your learning improvement on planning approaches by doing this quiz
Test your learning improvement on planning approaches by doing this quiz
Test your learning improvement on limitations of traditional planning approaches, by doing this quiz
Testing your knowledge on the budget planning and the new approaches to budgeting
Budgeting essentials and development at Coursera Admission Process
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Budgeting essentials and development