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14.00 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Live Webinar

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.

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

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.

Programme Facilitator(s)


No course instances or course instance sessions available.