About This Course
Embark on a transformative journey in the world of financial management with our Effective Budgeting, Planning & Control course. Designed for professionals at all levels, this comprehensive program is crafted to empower participants with the knowledge and skills required to master the intricacies of budgeting, strategic planning, and financial control.
Learning Objectives
Integrating the planning process with the budgeting cycle
Forecasting using various models including Time Series Models, Exponential
Smoothing, Regression and Correlation Analysis using Excel and leading software/models
Sales Budgets
Production Budgets
Cash Budgets
Capital Budgets
Budget Management including “What If, Sensitivity Analysis
Budget Control including Variance Analysis to assess the impact on major factors of production and consumption
Target Audience
- All employees
Curriculum
16h
Develop the skills to Plan Budgets within a sound Strategic Plan
Develop the skills to Prepare Budgets
Appropriate Forecasting Techniques including Time Series Models
Exponential Smoothing, Regression and Correlation Analysis and Costing Methods
Develop the skills to effectively implement Budgets
Become aware of the problems/limitations of budgets and the conditions required for their success
Perform “What If” and Sensitivity Analysis to evaluate the implications of changes in major factors of production and consumption
Develop the skills to effectively Manage & Control the budgeting process
Free
