Select Course Schedule.
| Starting date | Ending date | days | Time | |
|---|---|---|---|---|
| 25 Nov 2024 | 27 Nov 2024 | M-T-W | 07:00am - 11:00am |
|
| 10 Feb 2025 | 12 Feb 2025 | M-T-W | 03:00am - 07:00am |
|
Effective Budgeting Workshop
This workshop helps organizations manage the way they spend their income and use available money effectively. It will develop the understanding of participants in the latest tools, techniques and methodologies of the financial planning process, tackling long-term financial plans, budgets, and financial controls standards. It will provide participants with tools and best practices allowing them to find available and practical solutions to their problems without making matters worse
hours
12
language
English
Summary
This workshop helps organizations manage the way they spend their income and use available money effectively. It will develop the understanding of participants in the latest tools, techniques and methodologies of the financial planning process, tackling long-term financial plans, budgets, and financial controls standards. It will provide participants with tools and best practices allowing them to find available and practical solutions to their problems without making matters worse
Target Audience
This course will appeal to a wide range of audiences and is intended for Business Professionals who intend to earn budgeting skills.
Skills Gained
Upon completion of workshop participants will be able to:
- Prepare a budget
- Identify what/who is involved in preparing a budget
- Understand the different types of budgets
- Recognize the approaches to budgeting
- Understand capital budgets
- Familiarize themselves with cost control and management of a budget
Topics Covered
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- Master budget
- Operating and Financial Budgets
- Cash Budget
- Capital Budgets
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- Incremental Budgeting
- Zero-Based Budgeting
- Fixed Budgeting and Flexible Budgeting
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- Process
- Projects interaction
- Time Value of Money
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Payback Period (PBP)
- Discounted Payback Period
- Average Accounting Rate of Return (AAR)
- Profitability Index (PI)
- Key Concepts
- Relation between NPV and Stock Price
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- Budget as cost control
- Budgeting and costing techniques
- Break-even Analysis
minimize course outline
Select Course Schedule.
| Starting date | Ending date | days | Time | |
|---|---|---|---|---|
| 25 Nov 2024 | 27 Nov 2024 | M-T-W | 07:00am - 11:00am |
|
| 10 Feb 2025 | 12 Feb 2025 | M-T-W | 03:00am - 07:00am |
|