Strategic Planning, Management Control and Effective Budgeting

OBJECTIVES
At the end of this workshop Participants will:
• Understand the principles and reasons for cost control
• Prepare effective budgets
• Analyze organizational expenditures
• Implement and review budgets effectively

CONTENT
• Cost accounting in a business environment
• Fundamentals of budgeting
• Types of budgets
• Cost vs. Profit
• Fixed and variable overheads
• Total absorption costing
• Cost attribution
• Break even analysis
• Budget planning and execution
• Budgeting, monitoring and feedback systems
• Time and value as cost
• Asset management
• Expenditure controls

FOR WHOM:
Accountants, Budgets Managers, Planners, Schedulers, Heads of Departments, Financial Managers, Auditors and others who perform related functions in Public and Private Sectors

Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 8th – 11th Apr, 2025
2ND BATCH: 21st – 24th Oct 2025