Corporate Training

Budgeting for Managers (Two Days)

This two day seminar is designed to provide non-financial executives and managers with an understanding of the importance of budgeting, the process of budgeting, and how to utilize budgets as a control mechanism. You will gain the tools needed to prepare, implement, and manage a budgeting process within your organization.


 

Objectives

 

  • Be able to understand the need for budgeting
  • An understanding of budget types and processes, and how each impacts your operations
  • The tools necessary to meet your budget goals, whatever the economic environment

 

Contents

 

  • Review of financial terms and concepts
  • Analysis and interpretation
  • Budgeting
  • The Purpose of Budgeting
  • Planning for Control
  • Budget Components
  • The Process of Budgeting
  • Budget Implementation - Putting it in Place
  • Project evaluation
  • Why Budgets Fail

 

Learning Outcome

 

  • The importance of budgeting
  • Types of budget, processes involved, and their impact on operations
  • The budgeting tools and techniques

 

Who should attend

 

Non-financial managers, who need basic grounding in budgeting to make them conversant in budgeting process and matters relating to it.


 

Go Back     Top of the Page