Language: EN / AR
Course Overview
- See how the budget relates to the two key financial statements: balance sheet and income statement.
- Prepare a budget consistent with the organization's strategic plan.
- Use appropriate estimation techniques in the development of revenue and expense budgets.
- Identify all the appropriate costs to be included in a capital expenditure proposal.
- Analyze management cost reports and take corrective action;
Course Objective
- Analyze management cost reports and take corrective action.
- See how the budget relates to the two key financial statements: balance sheet and income statement.
- Prepare a budget consistent with the organization's strategic plan.
- Use appropriate estimation techniques in the development of revenue and expense budgets.
- Identify all the appropriate costs to be included in a capital expenditure proposal.
Who Should Attend??
- All managers, supervisors and analysts who prepare and/or use management budgets All managers, supervisors and analysts who prepare and/or use management budgets
Course Outline
- Intoduction
- Principles of Budgeting and Cost Control
- Linking the Tactical Budget to Strategic Objectives
- Types of Budgets
- Approaches to Budgeting
- Budgeting and Costing Techniques
- Project Budgeting
- Capital Expenditure Budgeting and Analysis
- Cost Control AND MANAGEMENT Budget Reports
Training Methodology
- Presentation & Slides
- Audio Visual Aids
- Interactive Discussion
- Participatory Exercise
- Action Learning
- Class Activities
- Case Studies
- Workshops
- Simulation