Finance & Budgeting

Offered by: Lifa n Lúce Consultancy
Delivery Mode: In-person / Online / Blended
Target Audience: Office Managers, Administrators, PAs, Project Coordinators, Department Heads, and other non-finance staff involved in budgeting or financial decision-making
Objective: To empower participants with foundational financial knowledge and practical budgeting skills needed to manage office finances, interpret financial information, and support strategic decision-making.

• Introduction to key financial terms and concepts

• The role of budgeting and finance in business operations

• Financial statements: income statement, balance sheet, cash flow

• Revenue, expenses, profit, and cost control

• The administrator’s role in financial reporting and tracking

• Understanding organizational budgets (departmental, project-based)

• Steps in the budgeting process: forecasting, estimating, allocating

• Identifying direct vs. indirect costs

• Creating, reviewing, and justifying budget proposals

• Using spreadsheets and budget templates

• Tracking actuals vs. budgeted amounts

• Variance analysis: interpreting and responding to budget discrepancies

• Managing petty cash, reimbursements, and vendor payments

• Financial documentation, recordkeeping, and audits

• Communicating financial information clearly

• Supporting procurement and cost-saving initiatives

• Evaluating quotes and making value-based purchasing decisions

• Understanding the financial impact of administrative decisions

• Supporting senior management with data and insight

• Tools and tips for financial confidence and accuracy

• Real-life budgeting scenarios and role-play

• Hands-on spreadsheet exercises

• Budget planning template provided

• Certificate of Completion