DEVELOP AND IMPLEMENT BUDGET

Course Description

This module equips learners with the essential knowledge of budget formats, followed by taking them through a step-by-step process of developing and implementing budgets. It also sheds insight on basic accounting principles and explores the process of managing accounting and cash controls. This module goes a step further by expounding on the steps required to audit financial procedures in organisations, evaluating and ensuring the effectiveness of internal financial controls.

By the end of this module, you will have learnt how to develop, implement and manage healthy budgets for your organisation.

This course is ideal for F&B managerial personnel interested in developing and implementing budget, such as:

  • Finance managers
  • Operations managers
  • Supervisors
  • Restaurateurs
  • Entrepreneurs

Course Objectives

Through our experiential classroom training, learners will learn how to:

  • Develop budget
  • Manage accounting and cash controls
  • Audit financial procedures
  • Implement budget

Assessment

At the end of the module, learners are required to complete a total of 3 hours 30 minutes of summative assessment, comprising a project assignment, written test and oral interview. Upon successful completion of assessment, they will be awarded a Statement of Attainment (SOA).

Upon successful completion of assessment for the rest of the modules under the WSQ Diploma in Food and Beverage Management, they will be awarded a WSQ Diploma in Food and Beverage Management.

Modes Of Instruction

  • Lecture
  • Discussion
  • Case Study
  • Concept Formation

Mode of Delivery

Part-time

Course Duration

40 Hours

Avg Teacher-Student Ratio

1:20

Entry Requirement

Learners must have a minimum pass in English (C6) for GCE ‘O’ Level Certificate and above or its equivalent (i.e. WSQ Work Place Literacy and Numeracy Skills Level 5). 

*For learners who do not meet the minimum requirements, an oral interview would be conducted to determine suitability for the course.

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Food and Beverages
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Related Courses

Flexibility in Planning and Teaching

Theoretical Knowledge

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Practical Skills

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Individual Work with a Mentor

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Final Individual Project

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