CIPS L4M2 LO 1.4. Financial modeling & budgeting; Cash flow cycle; Services vs Goods; Variances скачать в хорошем качестве

CIPS L4M2 LO 1.4. Financial modeling & budgeting; Cash flow cycle; Services vs Goods; Variances

Get ready to supercharge your preparation for the CIPS Level 4 Module 2 exam, "Defining Business Need"! In this thrilling episode, we zoom in on Learning Outcome 1.4, where we dive deep into the exciting world of financial budgets and cost models for purchase control. Facebook:   / cipsexamprephub   00:00 Introduction 00:16 Financial modeling 02:13 Financial budgeting 03:39 Cash flow cycle 05:09 Services vs Goods 06:58 Other financial terms 09:09 Advantages of Budgeting and Budgetary Control 11:30 Budget Variances 13:04 The end! Join us as we demystify: 1. **Financial Modeling**: Learn the art of creating models that help predict financial outcomes, enabling you to make informed decisions. 2. **Financial Ratios**: Discover the key ratios that offer insights into a company's financial health and how they relate to procurement. 3. **Financial Budgeting**: Master the art of budgeting for purchases, ensuring you have the financial framework to support your procurement strategies. 4. **Cash Flow Cycle**: Explore the crucial concept of cash flow and how it impacts your purchasing decisions. 5. **Differences Between Goods and Services**: Uncover the nuances of procuring goods vs. services and how they affect your budgeting and cost control. 6. **Budget Variances**: Learn how to identify and manage budget variances, keeping your procurement efforts on track. Whether you're a dedicated student gearing up for the CIPS Level 4 Module 2 exam or simply someone eager to expand your knowledge in procurement, this video promises to make learning both entertaining and educational. We break down complex topics into bite-sized, easy-to-understand nuggets, ensuring that you're well-prepared to tackle your exams and excel in the world of procurement. Don't wait another moment! Hit that play button, soak in the knowledge, and let's conquer that exam together. Subscribe to our channel for more engaging educational content that transforms learning into a thrilling adventure. Let's unlock your potential in the world of procurement and supply chain management! #cips #cipsl4 #l4m2