BUDGETING

Budgeting is an integral part of the fiscal process in every economy. This course provides a basic understanding of the budgeting process and how to prepare and analyze budgets.


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About this Course


Budgeting is the process of creating a plan to spend your money. This spending plan is called a budget. Creating this spending plan allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting is simply balancing your expenses with your income. 

 

Budgeting simply shows the process of presenting and managing estimated expenditure and the expected revenue of any nation. It explains how the government of a nation plans to generate revenue as well as carry out its expenditure in a prudent manner. This course provides a basic understanding of the budgeting process and how to prepare and analyse budgets.

 

Learning Objectives

At the end of this lesson, students should be able to:

  1. Understand the Meaning, Overview and Importance of Budget and Budgeting
  2. Discuss the Meaning The Budget Cycle
  3. Understand the Principles of Budgeting
  4. Understand the Concept Budget Reporting and Analysis

 

 

Course CodeTES/OC/0078
Course Start DateStarted
Course Duration3 Months
Dedication2 hours per week
Number of Modules5
LevelBasic
CategoryTheoella Enterprise Skill Acquisition
LanguageEnglish
Video/Audio MediaAudio & Video
Course Fee0.00

  Naira (₦)      US Dollar ($)    



Certificate of Proficiency


A Certificate of Proficiency is awarded to you at successful completion of courses designed to prepare you for a new career or enhance your skill set. This empowers you to be more productive and marketable in today's global market.


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Course Prerequisites / Requirements



This course has no strict requirements. Anyone is qualified to take this course so long as the student is familiar with taking online courses on the platform. Once registered in this course, you will be required to complete activities such as assignments or quiz in order to proceed. The course has been structured in a way to promote ease of understanding. You must be dedicated in this course; you should spend at least an average of 1 hour per day on this course.