2016 - Budgeting and Planning

Budgeting is the first step in implementing effective financial planning. Organisations that create and follow an effective budget can make effective decisions and are more likely to achieve their strategic objectives. There are several ways to prepare and manage a budget, so how does a company determine the most appropriate budget for them?
This two day course will provide participants with the techniques and best practices for preparing and managing budgets effectively. Participants will cover the areas of planning, forecasting, cost management, and management decision making based on budgets.
Key outcomes
Attending this course will be a valuable opportunity to capitalise on the trainer’s well rounded experience and in-depth knowledge. By the end of this course, participants will:
Understand the budgeting and planning process and how it translates into annual budgets
Discover principles, approaches and techniques of budgeting
Optimise planning of resources to achieve budgeted targets
Gain insight into recent developments in the budgeting and planning process