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Budgeting for Managers (Two Days)
This two day seminar is designed to provide non-financial
executives and managers with an understanding of the
importance of budgeting, the process of budgeting, and how
to utilize budgets as a control mechanism. You will gain the
tools needed to prepare, implement, and manage a budgeting
process within your organization.
Objectives
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Be able to understand the need for
budgeting
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An understanding of budget types
and processes, and how each impacts your operations
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The tools necessary to meet your
budget goals, whatever the economic environment
Contents
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Review of financial terms and
concepts
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Analysis and interpretation
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Budgeting
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The Purpose of Budgeting
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Planning for Control
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Budget Components
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The Process of Budgeting
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Budget Implementation - Putting it
in Place
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Project evaluation
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Why Budgets Fail
Learning Outcome
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The importance of budgeting
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Types of budget, processes
involved, and their impact on operations
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The budgeting tools and techniques
Who should attend
Non-financial managers, who need basic grounding in
budgeting to make them conversant in budgeting process and
matters relating to it.
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