Budgeting & Forecasting – BOOKKEEPER

Budgeting and forecasting

Methods of developing a budget.
Elements of budgeting and its importance.
Types of Budgets.
Forecasting problems and techniques.
Advantages & Disadvantages of Forecasting.
Advantages & Disadvantages of budgets.
The time frame for preparing a budget.
Budget Income Statement & Balance Sheet.
Who should participate in the budgeting process?
Planning, Budgeting & Controlling.