FINANCE & ACCOUNTING - Planning, Forecasting, What-If Analysis & Reporting
Modern organizations require well-trained and competent individuals who are able to effectively manage the economic resources at their disposal. This is achieved through a focus on process excellence, good communications, interpersonal relationships, and the ability to embrace and manage constantly changing internal and external environments, which are a part of the challenges faced day to day. In view of that, this workshop assists individuals at every level in the organization in their involvement in the budget process. It provides the practical skills for delegates to take back to their workplace, along with the insight needed to adapt principles to specific work environments.
PARTICIPANTS WILL BE ABLE TO:
-Use Excel budgeting models for income statement budgets, cost/volume/profit and break-even analysis et al.
-Consider the use of activity based budgeting (ABB), compared with traditional budgeting methods, as a solution to the problem of the over and under-costing of products and services
-Develop and effectively control budgets
Anyone involved in the budget process as well as those who wish to learn the concepts, processes, and techniques of budgeting in order to be better able to carry out their budgeting tasks and responsibilities. The course is equally appropriate for those who already have some budget experience and wish to refresh or enhance their budgeting knowledge and skills.