Discover the basics of budgeting in our user-friendly "Basic Understanding of Budgeting – Part 2" course. This course provides a simple introduction to important budgeting ideas, giving you the tools to make smart financial choices.

Explore how interest and discounting impact budgets. Learn to figure out interest rates and discount rates to understand different financial situations. Dive into capital budgeting, and understand its importance in long-term money decisions. Learn how to check if investment projects make financial sense, and how to pick the best ones using clear budget and money criteria.

By the end of the course, you'll be comfortable with budgeting, interest, discounting, and capital budgeting. You'll be ready to make confident financial choices whether you're new to money matters or want to improve your decision-making skills.

Topics covered:

• Interest
• Discounting
• Capital Budgeting

This course was created to cover “Budgeting (Section D)” in ACCA Management Accounting (MA) subject. However, any other student who needs the knowledge of basic budgeting, can enroll for this course.

Course Key Concepts: Management Accounting, ACCA, ACCA F2, ACCA MA, Budgeting, ACCA courses.

NOTE: This course is a two-part series course. The part 1 course link is:
https://www.illumeo.com/courses/basic-understanding-budgeting-part-1