Budgeting & Cost Control

(Objectives)

Understand the importance of a well-defined budget process
Learn costing and budgeting terminology used in business
Master techniques for cost-benefit analysis
Learn how to construct profit, cash and balance sheet plans and budgets
Learn how to evaluate variances from plan and identify corrective actions
Understand discounted cash flow (DCF) techniques and their application to financial decision making
Build and use budgets relevant to your organization

(Participants)

This programme would benefit any professional who needs to improve their skills in constructing and controlling a budget
Financial personnel who need to evaluate plans for approval and variance reports for corrective action
Non-financial professionals needing to evaluate proposed business expenditure decisions and who need to know more about the processes of planning, costing and budgeting during their business careers

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