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Appraising performance against budget

Category: MASTER COURSE

This course is designed to give you the tools to ensure you are able to explore how the financial performance of the business compares to the budget or other benchmarks.

Who should attend?
This course will be of benefit to budget holders and analysts, at all levels, who need to develop an understanding of how to analyse their company’s or divisional performance against budget. Staff who are expected to improve company performance will be given direction during this course.

What you will gain
This course is designed to give you the tools to ensure you are able to explore how the financial performance of the business compares to the budget or other benchmarks. It will not only allow you to build your confidence to identify changes in performance, but it will also build your confidence to explore the reasons behind these changes. This is referred to as variance analysis.

The course will explore, in a practical way, the common areas that a company’s financial performance could differ from that which was budgeted. It will allow you to explore how you can contribute to your company’s success by ensuring that positive areas of performance are identified whilst also identifying areas for improvement.

Programme outline

  • understanding how to ensure an appropriate variance analysis is performed on your business
  • how to calculate variances to see where operations were favourable or adverse
  • developing a basis for interpreting variances appropriately so as to fully understand company performance
  • developing an understanding as to the importance of “controllability” within performance and the confidence to challenge explanations for poor performance
  • exploring what impact variance analysis has on employees behaviour and working habits

The course starts at 9.30am. Lunch and refreshments are included.
6 CPD hours (where applicable)

CIMA work in partnership with BPP Professional Education to offer CPD training courses



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Appraising performance against budget

CIMA members and students should log into MY CIMA before booking to receive the appropriate discount.

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In-house training 
We can develop tailored training programmes to enhance the finance and business skills of staff across your organisation. To discuss how we can meet your learning and development needs please email us.

Find out more 
If you have any queries please email cima@bpp.com or phone us on: +44 (0)3300 603400.

The venue for this course will be confirmed 14 days before the scheduled date. 

CIMA work in partnership with BPP Professional Education to offer CPD training courses.  

This course will be delivered by BPP Professional Education Limited (“BPP”).  Accordingly, when you sign up for this course, CIMA will pass on the contact details you have provided to BPP so that they can contact you to complete your booking and process payment.  BPP will process any personal information it collects about you in accordance with its privacy policy, which is available at: http://www.bpp.com/professional-education/privacy

The information provided to BPP will not be used by BPP for marketing purposes.

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