Budgeting and costing

This three hour webinar will provide you with a detailed understanding of the management accounting principles and practices of budgeting and costing, to equip you to be a more effective and efficient finance partner. We will look at the underlying purposes of budgeting, different types and uses of budgets, and alternative approaches to budgeting, and will think about how to more effectively implement budgeting in your work. We will also learn about different methods for analysing and managing costs, and consider how to apply costing methodology when budgeting. 

This webinar is part of the “Strategic Planning and Business Partnering” series.

The topics which will be covered include:

  • Budgeting for planning
  • Types of budgets
  • Alternative approaches to budgeting
  • Budgeting for performance measurement and control
  • Analysing and managing costs
  • Costing methods
  • Costing in budgeting

Who is this presentation for?
This webinar is suitable for all working accountants, whether in industry or in practice. Budgeting and costing are core management accounting competencies that will be of benefit to any accountant in industry, and offer accountants in practice a finance partnering toolset to better differentiate their service offering to prospective clients.

Date: Thursday 30 March 2023 RECORDING AVAILABLE
Time: 9.30am - 12.30pm
CPD hours: 3
Price:
IFA members - £55
Non-members - £79

 


About the speaker 

Matt Barton is the IFA’s Technical Manager. He is a Chartered Global Management Accountant and former Civil Servant, having worked as a Senior Finance Business Partner in the Ministry of Defence and Department for Education. During his public sector career Matt led teams responsible for technical and financial accounting; planning, budgeting and forecasting; strategic planning and decision support; business management; and ethics and compliance.

Matt is passionate about empowering finance professionals to offer the best possible service they can to their clients, and wants to support IFA members and working accountants to respond to the challenges and make the most of the opportunities presented by regulatory changes and increasing digitisation in the profession.