Dynamic Budgetary Control

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Online Course on Dynamic Budgetary ControlDynamic Budgetary Control Online CPD Training Course

In a rapidly changing world, the amount of time spent looking backwards needs to be reduced, to free up time to look forwards.

The need now is to be proactive, forward looking, outward looking and dynamic.

Dynamic Budgetary Control ensures that the budget not only provides parameters for operational controls but is a means of monitoring and influencing strategy.

Most budgetary control systems in the UK were introduced in an environment in which the predominant management style was “command and compliance” to which the once-a year, for-a-year budget, expressed in the language of accounting provided a compatible approach. As the rate of change in the business environment has increased, however, this approach to budgeting has come to be seen as not only inappropriate but dangerously misleading.

buy Dynamic Budgetary Control online course

In this course we look at a different approach, designed to adapt to volatility and to match the increasingly prevalent “trust and commitment” style of management. It is infinitely flexible and expressed in the language of financial management.

Budgets should flow from strategy, not constrain it. The pressures on budgetary control should be seen in the context of the trends affecting management generally, e.g. the greater emphasis on strategy, customers, devolution, co-operation and intangibles. It recognises the importance of things that cannot be measured.

Dynamic Budgetary Control ensures that opportunities for enhancing the long term value of the business are considered properly and not evaluated on their short term impact.

Dynamic Budgetary Control enables the learner to


  • Understand the major trends in the business environment, and the impact they are having on management in general and financial management in particular
  • Establish a structure of control in order to embrace the making and monitoring of decisions
  • Promote a forward looking approach to financial management
  • Influence behaviour, for example team building and clarifying cultures and values
  • Provide a structure through which to delegate/devolve authority in a way which ensures co-ordination, e.g. the balance of capacity and demand


Rating: 5 Stars for online course 100% of learners thought this course met their cpd needs
“As this was the first time I did an online course I found it intense but at same time it was very knowledgeable and I liked the quizzes after each section. It helped you to learn and to think about the answers you gave.”

“As going along with elearning, it has been interesting especially as you can click in to the graphic to expand the detail.”

“I found the course excellent with the theory and principles well defined.”

“I have completed the course and found that it was very enjoyable and the lessons I have learned about dynamic budgeting will assist me with adapting and changing our current approach.”

“It gave me ideas and prompted me to think about how I approach budget preparation in my work. The practical examples were useful to see how the techniques described could be applied.”

“It made me aware of a different and more effective approach to the budgeting process.”

“I really liked the variety of content and excercises – it really made me think how this could be applied in my business.”

“The principles taught are very interesting and contemporary.”

“The companies I have worked for have pursued more traditional budgeting methods. I wanted to understand the modern alternatives so that perhaps I may be able to demonstrate their benefits in the workplace.”

You can review this course using the questionnaire in the course completion area.

Learning Outcomes of Dynamic Budgetary Control


  • What is budgetary control?
  • Why and how should it be customised?
  • Why does budgetary control need to be dynamic?
  • What is the way forward?
  • What does dynamic budgetary control involve?

DBC Looking Backwards

The principles

  • What is the nature of control?
  • How do we clarify financial objectives?
  • What are the key forecast relationships?
  • What is our model for financial management?
  • How should we classify outlays?

DBC Elements of Control


  • How do we introduce dynamic budgetary control?
  • What is the relationship between price or margin and volume?
  • How do we deal with customer loyalty?
  • How do we deal with receipts from customers?

Introducing DBC


  • What happens as the rate of growth increases?
  • How do we deal with volume inducing outlays?
  • How do we deal with volume sustaining outlays?
  • How do we deal with volume anticipative outlays?
  • What is synthesis?

DBC Advertising


  • What is mutual reinforcement?
  • What is value assurance?
  • How do we overcome the obstacles in our way?

DBC What Next

Target Audience of Dynamic Budgetary Control

Accounting and finance professionals in practice and industry looking for a new approach to budgetary control.

About the author of Dynamic Budgetary Control

David Allen
David Allen is a past president of CIMA and a past chairman of the Management Accounting Committee of the International Federation of Accountants.
He was employed for many years by Cadbury Schweppes group holding directorships with various subsidiary companies, notably Cadbury Ltd.

Flexible learning

Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of activities designed to accommodate a range of learning styles.

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