Certified Budget Analyst (CBA)

The goal of this program is to give learners a broad overview and grasp of financial budgeting for businesses. When creating or analyzing financial budgets, a discussion of financial statements is required. Understanding how costs behave and how they can be generated and assigned to different components of the business units is also a crucial part of budgeting. We’ll go over numerous budgeting approaches that have been employed and are still used in various businesses today. We’ll also talk about how we can determine whether a budget is suitable and should be authorized, as well as whether a project should be taken at all.

Certification Program Objectives:

  • Recognize the importance of budgeting.
  • Determine whether or not a budget should be accepted or rejected.
  • Annual or budgeted financial statements should be read.
  • Examine budgets in a variety of ways.
  • Analyze differences between actual and budgeted results more thoroughly.
  • Prepare budgets in a variety of ways.

Certification Requirements:

  • Bachelor’s Degree
  • 5 years of work experience as a Budget Analyst

Certifying Examination:

  • To be certified as CBA, student should take up a 1.5 hours exam at the designated examination centers.
  • The qualifying exam would consist of 50 multiple choice questions, testing core certification modules.
  • Professionals with relevant experience and other qualifying criteria may be exempted from the examination.

Certification Modules:

Module 1: Planning Budgeting and Forecasting
Module 2: Learning Curves
Module 3: Variance Analysis Concepts
Module 4: Performance Measures