* All fees are exclusive of vat ** PREMIUM - Customize your learning experience
Budgeting lies at the heart of business management, yet businesses often encounter financial difficulties as a result of either inadequate planning or errors within the compilation of the budgets. The process of budget preparation is sometimes seen as painful, and it is not always clear how the effort that is required leads to any productive output. Furthermore, budgets can be seen as imposing constraints that are hard to live with and establishing goals that are hard to meet!
Despite these dismal remarks, it is imperative that organizations carefully plan their financial affairs to achieve financial success. These plans are generally expressed as “budgets.” A budget is a detailed financial plan that quantifies future expectations and actions relative to acquiring and using resources.
What Do Participants Learn?
The budgeting, planning and reporting training course will help demystify the world of budgeting and provide participants with the techniques and confidence to manage and control their budget effectively.
Who Should Attend?
Financial officers and planners
Anyone who contributes to budgets and forecasts.
Anyone interested and wanted to develop his performance in finance
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Module 1: Basics of finance
What is finance
Important financial organizations
Module 2: Understanding Financial Statement
Income statements (aka profit and loss statements)
Statement of retained earnings
Statement of cash flows
Module 3: Analyzing Financial Statements, Part One
Working capital ratios
Module 4: Analyzing Financial Statements, Part Two