- The importance of budgeting
- What are its aims?
- How do we make budgets effective?
- Capital, revenue and cash distinctions
- Medium Term Expenditure Framework
- How do these relate to the basics of a balance sheet, surplus and deficit and cash flow statement
- Concept of accruals
- Constructing forecasts
- Limiting factors
- Sensitivity analysis
- Break-even analysis
- Variance analysis
- Flexible and static budgets