Overview
Budgeting is the core activity of financial management used to make organisations effective and efficient in service delivery. Organisations deliberately strengthen their acts of budgeting, as part of their financial management, in order to enhance their effectiveness. This course has been designed to educate participants on how to prepare and use budgets in their organisations.
Who to Attend
Directors of Finance, Heads of Departments, Sections, and Units and Budget Officers of organisations.
Objectives
The objectives of the course are, to:
- Enable participants to identify the techniques of preparing and using budgets.
- Encourage participants to apply the techniques in their organisations.
Outline
- The Budget in an Organisation.
- Budget Process and Procedure.
- Budgeting: In the Beginning.
- Budgeting: The Next Stage
- Budgeting: Final Stages.
- Capital Budgeting.
- Budge Implementation.
- Variance Analysis of Budgets.
- Application of Quantitative Techniques to Budgeting.
- Information Technology and Budgeting.
- Management Control Systems.
- The Role of Internal Audit in Budget Management.
- Alternative Budgeting Approaches.
- Issues and Challenges in Budgeting and Budgetary Control.
Fees
Location and Price:
London, UK: $3500
US: $3000
Turkey, Rwanda, India, Dubai,Brazil, South Africa: $2500
Ghana, Nigeria: $2000
Online: $500 - $1000
Duration: 1 week for offshore classes, 2 - 4 weeks for online classes