The essence of business management revolves around budgeting, yet businesses often face planning and financial challenges due to insufficient planning, inadequate understanding of the business, or errors in budget compilation. Moreover, ineffective management reports exacerbate the difficulty of gathering inputs for budgeting and utilizing budgeted information.
This training program adopts a pragmatic approach to budgeting, planning, and management reporting within the organization. It delves into the following key areas:
PLANNING FOR SUCCESS
FORECASTING IN BUDGETING AND PLANNING
BUDGETS, COSTS AND BUDGETARY CONTROL
ACTIVITY BASED COSTING (ABC) AND ACTIVITY BASED BUDGETING (ABB)
MEASURING CORPORATE PERFORMANCE: REQUIREMENTS OF A SUCCESSFUL PERFORMANCE MEASUREMENT SYSTEM
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.