Corporate Training
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
- Be able to understand the need for budgeting
- An understanding of budget types and processes, and how each impacts your operations
- The tools necessary to meet your budget goals, whatever the economic environment
Contents
- Review of financial terms and concepts
- Analysis and interpretation
- Budgeting
- The Purpose of Budgeting
- Planning for Control
- Budget Components
- The Process of Budgeting
- Budget Implementation - Putting it in Place
- Project evaluation
- Why Budgets Fail
Learning Outcome
- The importance of budgeting
- Types of budget, processes involved, and their impact on operations
- 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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