Budgets are inseparably connected with both strategy formulation and cost analysis. However, accurate Budgets rely upon Cost Control and analysis. Budgeting and Cost Control is essentially an unquestionable requirement for contemporary organisations. Consolidating techniques analysis, problems and examples with real case studies, the course provides participants with key cost awareness and budgetary skills, which is fundamental in overseeing and controlling processes/projects in times of expanding worldwide rivalry where the budgets are inseparably connected with both strategy formulation and cost analysis. This course is pertinent for those experts and investigators confronting the troublesome test of improving performance while diminishing expenses of those procedures for which they are responsible.
Course Objectives:
At the end of this course delegates will be able to:
- Distinguish between budget processes and business improvement
- List out the different types of costs
- Identify and manage the key financial indicators for business
- Interpret capital budgeting techniques and cash flow
- Differentiate between traditional and innovative budget analysis
- Use specific cost analysis and performance measurement techniques
Who should attend?
- Financial professionals
- Research and Development Professionals
- Sales/Marketing Professionals
- General Accounting Professionals
- Business Unit Professionals
- Those in charge for designing and managing a budgetary system
- The staff person who will be responsible for entering data into the budget system or training others how to enter information
- Those who want to gain control of the firm’s financial standing and obtain a firm grasp on the number side of their job
- Anyone who wants to understand the basics of budgeting, costing and performance measurement
Delivery Method: Audio-visual aids, case studies, power-point presentations, discussions and exercise
Venue: Dubai
Fee:
Duration: 1 week
Course Date: September 11th – 16th, 2022
- Lectures 0
- Quizzes 0
- Duration 100 hours
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
