Budget vs. Actual

Planning, forecasting & budgeting


Budget vs. Actual

Instructor: David Halford

  • Format

    Course - Online

  • Level


  • Duration


This course covers the key variances that can occur when actual transactions differ from those budgeted.

Learning outcomes

  • Understand the concept of a standard cost
  • Understand the concept of basic and more advanced variances
  • Explain the meaning and use of key variances

£35.00 (CIMA members only)


VAT calculated on checkout

Product information


Budget is typically agreed before the start of the financial period which it covers. As the period passes, the actual performance is then compared to the budget as a benchmark. To gain more detail, variance analysis is used which is covered in the course including topics such as standard cost, materials and labour cost and usage.

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Programme level:Basic
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£35.00 (CIMA members only)


VAT calculated on checkout


  • David Halford

    Dave Halford qualified with Deloitte in Bristol in 2001. A love of education and personal interaction led him to join the firm that trained him, BPP in Bristol, the following year. Over the last 16 years Dave has worked in a variety of teaching, management and writing roles within BPP, as well as completing a Law Degree via BPP’s Law School.


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