Overview
This unit is about the use of budgeting for planning, coordinating and authorising the activities of an organisation and for controlling costs. It provides skills and knowledge to improve the performance of an organisation by setting targets, constructing achievable plans and monitoring results.
Students will develop a range of skills within the context of planning and control. These include management accounting, statistical analysis, written communication and variance analysis.
Modules
- Prepare forecasts of income and expenditure
- Prepare budgets
- Demonstrate how budgeting can improve organisational performance
- Report budgetary information to management in a clear and appropriate format
Career Progression
This unit counts towards RPL for a Level 4 AAT. (Or higher Apprenticeship). Successful candidates may expect to benefit from enhanced career prospects within finance and accounting.
Aspire Eligibility
All programmes are open to Londoners who meet the following criteria:
- UK resident and living in London
- Aged 18+
- Do not hold a level 4 (post-college/sixth form) qualification
- Either employed (and earning less than London Living Wage) or unemployed/economically inactive
Course Eligibility
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Frequently asked questions
What is expected of me?
- To be an active participant in the programme.
- To complete all of the workbooks funding paperwork and the accredited unit.
- To undertake a workbased project (will be supplied by us if you are currently not working)
- To participate in all the group online workshops and 1-2-1 coaching sessions.
How much does this cost?
Participation in this programme is completely free. It is fully funded by the European Social Fund (ESF) and the Greater London Authority (GLA).
Additional support for travel to and from places of study and other expenses will vary depending on the provider and the support they are able to offer. These options will be discussed during your enrolment.
How long will it take?
The part time programme typically takes 8 - 12weeks to complete
Can I take more than one unit?
You cannot study more than one unit on the Aspire London Programme. However, upon completion of your programme, you’ll get advice and guidance from your Aspire Careers Coach about how and where you can continue to study, if this is the next step for you and your career progression. This could include a full Level 5 qualification.