About This Course
The “Budget Preparation” course is designed for professionals seeking to acquire a comprehensive understanding of the budgeting process, from its foundational principles to advanced techniques. This course empowers participants with the skills needed to create effective, realistic, and strategic budgets that align with organizational goals and financial objectives.
Learning Objectives
Develop the skills to Plan Budgets within a sound Strategic Plan
Appropriate Forecasting Techniques including Time Series Models
Understand the Exponential Smoothing, Regression and Correlation Analysis and Costing Methods such as Activity Based Costing
Develop the skills to effectively implement Budgets
Become aware of the problems/limitations of budgets and the conditions required for their success
Integrate the budgeting process with the development of the company’s long-term strategic vision
Target Audience
- All Employees
Curriculum
16h
Budgeting and Its Role Within the Management Process
Costs Analysis for Budgetary Purposes
The Framework for Budgeting
Flexed Budgets and Variance Analysis
Beyond Budgeting: Broadening Performance Measurement Systems
Free
