Budgeting

Budgeting is the ability to adopt a proactive and measured approach towards managing personal or company resources. Budgeting skills involve conscious decision making about allocation of resources - this usually money, but budgeting skills relate to other resources too.

Budgeting skills serve as a highly useful tool for planning, control and decision making since it involves planning and forecasting the use of all resources in a project or company, and determining whether or not there are enough resources to do all things that require attention.

Content Library: Budgeting
Financial Ratios Quiz more_vert
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Multiple choice quiz on ratios

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  • Accounting & Financial Management
  • Management of Financial Resources
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  • Getting started as a management accountant more_vert
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    The path to becoming a Certified Management Accountant

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  • 10 minute reads more_vert
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    CIMA has put together a list of practical resources and insights that can help you develop your skills and broaden your knowledge in a world that is volatile, uncertain, complex and ambiguous (VUCA)

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  • 11 effective time management skills more_vert
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    There are many things in life that are outside of your control, but how you spend your time is not one of them. Using your hours to work toward the outcomes you value the most will help to not only bring you success, but will also sustain that feeling of fulfillment that comes from accomplishing your goals. The first step toward learning how to improve time management is realizing that it’s a mental game that anyone can master.

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