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7.00 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Classroom


Programme Objective 

To provide finance and non-finance professionals with practical and effective skills and knowledge for effective management and control of budgets and forecasts.

Effectively managing the business' finances is critical to its long term success and are the responsibilities of every manager and executive.
 
These essential skills can be learned in this easy to understand and highly interactive workshop. Participants will acquire practical budgeting and financial forecasting tools, concepts and techniques that can help to control any business' financial health.

By the end of the workshop participants will:

  • appreciate the strategic planning process and how these are translated into financial plans and budgets
  • understand the basic principles of budget preparation and control and its importance in planning and monitoring
  • be able to prepare  various types of budgets and implement budgetary controls by reviewing , reacting and revising the budget
  • understand the importance of coordination in the budget process
  • appreciate why budgets fail and learn the best practices in budgeting 
  • be able to communicate with management and the finance function more effectively and confidently

Programme Outline


Morning session

  • Understanding the strategic planning process and how it links to financial planning & budgeting
  • Cost-Volume-Profit-Analysis
  • Key essentials of Budgeting & Forecasting
  • Differences between Budgets and Forecasts
  • Preparing the budgets – Group activity 1
  • Best practices in budgeting 
    •     Why budgeting fails
    •     Top 10 questions that need to be asked

Afternoon session
  • Recap Quiz
  • Introducing capital budgeting techniques
  • Make or Buy – Group activity 2
  • Managing your stakeholders and speaking their “language”
  • Putting it all together – Group activity 3
  • Sum up - How to make budgeting a valuable tool for driving your organization’s future and achieving your management goals

Training Methodology

Learning is achieved via real life examples, which reinforces the theory, and  a topic-related internationally acclaimed video which successfully simplifies budgeting for the non-financial person.  This will be an interactive workshop where there will be group activities and discussions, quizzes and games.  Participants will receive a certificate of attendance at the end of the workshop.

Closing Date for Registration

1 week before programme or until full enrolment

 

Intended For

Finance and non-financial managers and professionals who wish to improve on their planning, controlling and decision -making ability such as Executives, Company Administrators & Secretaries, Legal Practitioners, Managers and Company Directors as well as Finance Managers and Finance Officers/Executives.

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Programme Objective 

To provide finance and non-finance professionals with practical and effective skills and knowledge for effective management and control of budgets and forecasts.

Effectively managing the business' finances is critical to its long term success and are the responsibilities of every manager and executive.
 
These essential skills can be learned in this easy to understand and highly interactive workshop. Participants will acquire practical budgeting and financial forecasting tools, concepts and techniques that can help to control any business' financial health.

By the end of the workshop participants will:

  • appreciate the strategic planning process and how these are translated into financial plans and budgets
  • understand the basic principles of budget preparation and control and its importance in planning and monitoring
  • be able to prepare  various types of budgets and implement budgetary controls by reviewing , reacting and revising the budget
  • understand the importance of coordination in the budget process
  • appreciate why budgets fail and learn the best practices in budgeting 
  • be able to communicate with management and the finance function more effectively and confidently

Programme Outline


Morning session

  • Understanding the strategic planning process and how it links to financial planning & budgeting
  • Cost-Volume-Profit-Analysis
  • Key essentials of Budgeting & Forecasting
  • Differences between Budgets and Forecasts
  • Preparing the budgets – Group activity 1
  • Best practices in budgeting 
    •     Why budgeting fails
    •     Top 10 questions that need to be asked

Afternoon session
  • Recap Quiz
  • Introducing capital budgeting techniques
  • Make or Buy – Group activity 2
  • Managing your stakeholders and speaking their “language”
  • Putting it all together – Group activity 3
  • Sum up - How to make budgeting a valuable tool for driving your organization’s future and achieving your management goals

Training Methodology

Learning is achieved via real life examples, which reinforces the theory, and  a topic-related internationally acclaimed video which successfully simplifies budgeting for the non-financial person.  This will be an interactive workshop where there will be group activities and discussions, quizzes and games.  Participants will receive a certificate of attendance at the end of the workshop.

Closing Date for Registration

1 week before programme or until full enrolment

 

Intended For

Finance and non-financial managers and professionals who wish to improve on their planning, controlling and decision -making ability such as Executives, Company Administrators & Secretaries, Legal Practitioners, Managers and Company Directors as well as Finance Managers and Finance Officers/Executives.

Programme Facilitator(s)


No course instances or course instance sessions available.