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Budget Setting Skills – online assessment



This product provides access to an online competency assessment in budget setting skills, along with training materials. On completion of the assessment a report is given as to the level of competency achieved. Three attempts are permitted and questions are rotated from a databank of questions. The training materials allow for the development of skills and knowledge in budget setting skills. A trial of the online competency assessment tool is available at www.fci-system.com

The content of the assessment and training material includes:

  • What is a Budget?
  • Budget Setting is Important
  • Budget Setting Process
  • Budget Setting Techniques
  • Cash limited budgets
  • Budget drivers
  • Budget setting assumptions
  • Budgeting -v- Costing
  • Calculating Unit Cost
  • Activity based budgeting
  • Budgeting for salaries
  • Demand led budgets
  • Profiling Budgets
  • Forecasting Income
  • Key to Successful Budgeting


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