Course Detail(BF153 : Budgeting: Going Beyond a Routine Exercise)
Not Available

UTAP Funding

BF153 : Budgeting: Going Beyond a Routine Exercise

14.00 CPE Hours (Others)
Classroom

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 



Note: Participants are to bring their laptop as there will be hand-on exercises.

Programme Objective
Creating an effective budget can be a daunting task. It is more than just a number crunching exercise. In today’s dynamic business environment, budgeting process is more robust than just putting numbers together. Other than determining how much to spend on various expenses, you must be able to defend your budget. You need to get the buy in from various stakeholders, making sure those goals are aligned to the organisation’s strategic priorities.

A meaningful budget can be a good performance measurement tool. Having a strategic goal in mind can help businesses to make effective decisions and coordinate the decisions and actions of the various departments within the organisation.  Hence, budget is not only about numbers, more importantly it involves the people responsible for the numbers.
 

Programme Outline

This course is designed to provide participants with the techniques and confidence to present, manage and control their budgets effectively. This course will include practical hands on session on how to build an effective budget (using Microsoft Excel)  illustrated through various case studies. Boardroom survival techniques during budget review will also be covered.

1. Understand the role, importance, challenges and limitations of budget;
2. Managing and controlling the different types of business costs; 
3. Look out for hidden costs that can adds up and erode your profit margins. 
4. Adopt appropriate budgeting techniques for better cost control;
5. Manage your cash flow and be innovative; 
6. Identify and address the constraints faced by your company;
7. Microsoft Excel tips and tricks for effective preparation of budget numbers for review;

•             CAPEX Selection – Different lives and costs.
•             DCF Calculations
•             Prepare budget numbers for review and analysis
•             Managing budget updates, version selection and control
•             Variance analysis and control
•             Board room survival techniques

8.     Analyse and challenge the numbers and assumptions presented;
9.     Monitor performance and perform variance analysis;
10.   Some common problems and shortcomings in budgeting.


 
Training Methodology

  • Lecture
  • Group Discussion
  • Hands On Exercise

 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

A foundational to intermediate level programme, suitable for finance professional whose job involves budget responsibilities. Those who want to gain knowledge and understanding of budgeting are welcome to attend.

Competency Mapping

Others = 14.00 Hours

Schedule & Fees
Date & Time

21 May 2025 (9:00 AM - 5:00 PM)
22 May 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 779.35
For Non-Members: $ 925.41

Programme Facilitator(s)

Jasmine Ng

Venue

60 Cecil Street
ISCA House
Singapore 049709

Testimonial


The excel link and formula gain from this training can save time in preparation of reports

Past Participant


A very helpful course in improving budgeting preparation skills.

Past Participant

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 01 April 2024 and 31 March 2025. *This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 16 Aug 2024 – 31 March 2025.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)


Jasmine Ng
CA (Singapore), FCCA, ACTA, DACE

Jasmine Ng is a Fellow member of the Association of Chartered Certified Accountants (ACCA) and a member of the Institute of Singapore Chartered Accountants (ISCA). She has over 18 years of extensive experience in the area of audit, accounting, financial analysis, business controlling, enterprise system implementation and training. She travelled extensively during the course of her work and gain exposure to different culture and work style.

She utilizes her creativity and real-world examples in conducting her training. Jasmine is passionately fond of training and always willing to share with others all that she knows. Her outgoing, pleasant personality and confident disposition have made her training all the more lively, fun and insightful.
 

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 



Note: Participants are to bring their laptop as there will be hand-on exercises.

Programme Objective
Creating an effective budget can be a daunting task. It is more than just a number crunching exercise. In today’s dynamic business environment, budgeting process is more robust than just putting numbers together. Other than determining how much to spend on various expenses, you must be able to defend your budget. You need to get the buy in from various stakeholders, making sure those goals are aligned to the organisation’s strategic priorities.

A meaningful budget can be a good performance measurement tool. Having a strategic goal in mind can help businesses to make effective decisions and coordinate the decisions and actions of the various departments within the organisation.  Hence, budget is not only about numbers, more importantly it involves the people responsible for the numbers.
 

Programme Outline

This course is designed to provide participants with the techniques and confidence to present, manage and control their budgets effectively. This course will include practical hands on session on how to build an effective budget (using Microsoft Excel)  illustrated through various case studies. Boardroom survival techniques during budget review will also be covered.

1. Understand the role, importance, challenges and limitations of budget;
2. Managing and controlling the different types of business costs; 
3. Look out for hidden costs that can adds up and erode your profit margins. 
4. Adopt appropriate budgeting techniques for better cost control;
5. Manage your cash flow and be innovative; 
6. Identify and address the constraints faced by your company;
7. Microsoft Excel tips and tricks for effective preparation of budget numbers for review;

•             CAPEX Selection – Different lives and costs.
•             DCF Calculations
•             Prepare budget numbers for review and analysis
•             Managing budget updates, version selection and control
•             Variance analysis and control
•             Board room survival techniques

8.     Analyse and challenge the numbers and assumptions presented;
9.     Monitor performance and perform variance analysis;
10.   Some common problems and shortcomings in budgeting.


 
Training Methodology

  • Lecture
  • Group Discussion
  • Hands On Exercise

 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

A foundational to intermediate level programme, suitable for finance professional whose job involves budget responsibilities. Those who want to gain knowledge and understanding of budgeting are welcome to attend.

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

Jasmine Ng
CA (Singapore), FCCA, ACTA, DACE

Jasmine Ng is a Fellow member of the Association of Chartered Certified Accountants (ACCA) and a member of the Institute of Singapore Chartered Accountants (ISCA). She has over 18 years of extensive experience in the area of audit, accounting, financial analysis, business controlling, enterprise system implementation and training. She travelled extensively during the course of her work and gain exposure to different culture and work style.

She utilizes her creativity and real-world examples in conducting her training. Jasmine is passionately fond of training and always willing to share with others all that she knows. Her outgoing, pleasant personality and confident disposition have made her training all the more lively, fun and insightful.
 

Upcoming Schedule

Date & Time

21 May 2025 (9:00 AM - 5:00 PM)
22 May 2025 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)


SGD pricing -

For Members: $ 779.35
For Non-Members: $ 925.41


Programme Facilitator(s)

Jasmine Ng

Venue

60 Cecil Street
ISCA House
Singapore 049709


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