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Forecasting and Budgeting (FIB)


To forecast and budget is part of the financial and business success of any department and business. This course introduces the student to finance and financial concepts to develop a profit and loss report for forecasting and budgeting purposes and presenting such a budget.

SAQA Unit Standards

252036  Apply mathematical analysis to economic and financial information.

Who should do this course?
Any person in any organisation on any level, dealing with finance.

Assessment required for competency.

  • Demonstrating an understanding of the key concepts of managerial finance.
  • Interpreting financial statements.
  • Drafting financial forecasts.
  • Drafting budgets according to operational plans of the unit.
  • Supervising the financial management of a unit against given requirements.
  • Using mathematical techniques to collect and organise data.
  • Applying mathematical analysis to calculate and represent financial and economic data.
  • Applying mathematical analysis to indicate economic relationships.

Additional Info:
NQF Level: 5
Credits: 14

2 Days Contact Class or Own Speed Online and Virtual

Learning Methodologies:
MethodDurationPrice *
CC2 days5,450.00
VS2 days5,450.00
OD2 days3,850.00

*All prices are excluding VAT.

for group pricing

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