AAT | essentials | budgeting | online

AAT Essentials: Budgeting

Across all businesses, many senior job roles now require an understanding of costs, estimates and/or budgets. Despite this, it is not uncommon for individuals in these roles to have had no official financial training or accounting experience before taking on these responsibilities.

Whether your learners are already in a role that requires knowledge of costs, estimates and budgets, or are looking to progress into a role of this nature, this course will provide learners with an introduction to budgeting and the essential knowledge that is required. The course will equip them with an understanding of how to prepare operational budgets, produce cash flow forecasts and use budgets as a control mechanism.

Who is suitable?

This qualification is aimed at anyone working in, or looking to work in, a role that involves dealing with costs, estimates and budgets. The course is ideal for anyone who has no previous financial training or accounting experience but requires this for their role or career, and for anyone who wants to increase their accountancy knowledge for personal reasons.


Section 1: An introduction to budgeting

This section covers the following:

  • What a budget is
  • The benefits of budgeting
  • Approaches to budget setting.

Section 2: Preparing operational budgets

This section covers the following:

  • The types of budget that can be prepared and their uses
  • The benefits of budgeting
  • How to prepare operational budgets.

Section 3: Cash flow forecasting

This section covers the following:

  • The importance of cash flow forecasting
  • How to prepare cash flow forecasts
  • The role of the capital expenditure budget.

Section 4: Budgets as a control mechanism

This section covers the following:

  • How divisional performance can be evaluated using budgets
  • What a variance is
  • Possible causes of variances.

The benefits of this course include:

  • Learn from your own home, in your own time
  • Access to award-winning learning and assessment materials
  • 1:1 Tutor support available via phone or email
  • Your own designated Learner Support Advisor to help you throughout the course
  • Award-winning online AAT courses
  • Potential to progress on to one of our other accounting courses.

Key Information

Course Length 4 hours
Awarding Body AAT
Learning Method(s)

Online learning
materials with
online assessment



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