/  The Complete Course on Budgeting Training

The Complete Course on Budgeting Training

BMC Training provides a training course in The Complete Course on Budgeting in Finance , Accounting and Budgeting

Course Title
Venue
Start Date
End Date
  • London
    26 - 9 - 2021
    30 - 9 - 2021
  • Madrid
    26 - 9 - 2021
    30 - 9 - 2021
  • Berlin
    26 - 9 - 2021
    30 - 9 - 2021
  • Kuala Lumpur
    17 - 10 - 2021
    21 - 10 - 2021
  • Rome
    17 - 10 - 2021
    21 - 10 - 2021
  • Barcelona
    17 - 10 - 2021
    21 - 10 - 2021
  • Zurich
    17 - 10 - 2021
    21 - 10 - 2021
  • London
    24 - 10 - 2021
    28 - 10 - 2021
  • Madrid
    24 - 10 - 2021
    28 - 10 - 2021
  • Berlin
    24 - 10 - 2021
    28 - 10 - 2021
  • Dubai
    3 - 10 - 2021
    7 - 10 - 2021
  • Paris
    3 - 10 - 2021
    7 - 10 - 2021
  • Istanbul
    10 - 10 - 2021
    14 - 10 - 2021
  • Dubai
    17 - 10 - 2021
    21 - 10 - 2021
  • Paris
    17 - 10 - 2021
    21 - 10 - 2021
  • Dubai
    17 - 10 - 2021
    21 - 10 - 2021
  • Paris
    17 - 10 - 2021
    21 - 10 - 2021
  • London
    21 - 11 - 2021
    25 - 11 - 2021
  • Madrid
    21 - 11 - 2021
    25 - 11 - 2021
  • Berlin
    21 - 11 - 2021
    25 - 11 - 2021
  • Kuala Lumpur
    7 - 11 - 2021
    11 - 11 - 2021
  • Rome
    7 - 11 - 2021
    11 - 11 - 2021
  • Barcelona
    7 - 11 - 2021
    11 - 11 - 2021
  • Zurich
    7 - 11 - 2021
    11 - 11 - 2021
  • Dubai
    14 - 11 - 2021
    18 - 11 - 2021
  • Paris
    14 - 11 - 2021
    18 - 11 - 2021
  • Dubai
    13 - 12 - 2021
    17 - 12 - 2021
  • Paris
    13 - 12 - 2021
    17 - 12 - 2021
  • Kuala Lumpur
    19 - 12 - 2021
    23 - 12 - 2021
  • Rome
    19 - 12 - 2021
    23 - 12 - 2021
  • Barcelona
    19 - 12 - 2021
    23 - 12 - 2021
  • Zurich
    19 - 12 - 2021
    23 - 12 - 2021
  • London
    26 - 12 - 2021
    30 - 12 - 2021
  • Madrid
    26 - 12 - 2021
    30 - 12 - 2021
  • Berlin
    26 - 12 - 2021
    30 - 12 - 2021
  • Dubai
    12 - 12 - 2021
    16 - 12 - 2021
  • Paris
    12 - 12 - 2021
    16 - 12 - 2021
  • Istanbul
    5 - 12 - 2021
    9 - 12 - 2021
  • Istanbul
    13 - 12 - 2021
    17 - 12 - 2021
  • Dubai
    19 - 12 - 2021
    23 - 12 - 2021
  • Paris
    19 - 12 - 2021
    23 - 12 - 2021
  • Dubai
    19 - 12 - 2021
    23 - 12 - 2021
  • Paris
    19 - 12 - 2021
    23 - 12 - 2021

Intorduction

This highly interactive course offers a theoretical background and also the practical tools and techniques necessary for the development of budgeting systems and their related functions. It will also provide opportunity for delegates to focus on developing and enhancing their knowledge and practical application of all the concepts, processes, and techniques involved in budgeting for optimal performance.

This course will assist individuals at every level in the organisation in their involvement in the budget process. Being ‘user-friendly’, it provides the practical skills for delegates to take back to their jobs, along with insights needed to adapt principles to specific work environments.

This course will feature:

  • Strategic planning
  • The budgeting planning process
  • Forecasting techniques
  • What if analysis and report generation
  • Capital budgeting

Objectives

  • Develop the appropriate techniques for effective budgeting as part of the planning process
  • Design various budgeting models for all elements of a budget
  • Explain the use of activity based budgeting, compared with other budgeting methods
  • Develop and effectively control budgets
  • Provide budgeting knowledge that can be shared for the benefit of your company

Content

Day One

Strategic Planning

  • Why strategy comes before the budget
  • The strategic planning process
  • Developing a strategic plan
  • Strategic planning tools
  • Where are we now, and where do we want to be?
  • Linking the budget with the strategy

Day Two

Forecasting

  • What is forecasting?
  • Strategic role of forecasting
  • The forecasting process
  • Forecasting demand
  • Sales forecasting using various methods in Excel©
  • Qualitative and Quantitative forecasting methods

Day Three

Budgeting

  • What is a budget
  • Budgeting and the Management Process
  • Budgeting framework
  • How to evaluate budgeting software
  • Budget preparation
  • Building the master budget

Day Four

Using a budget as a management tool

  • Linking strategic planning , forecasting budgeting and reporting
  • Budget cost behaviour
  • Budget cost, volume, profit (CVP) and break-even analysis
  • Sensitivity & What-If Analysis
  • Budgetary Control
  • Variance Analysis

Day Five

Capital Budgeting (CAPEX)

  • Capital budgeting principles
  • Raising finance
  • Weighted Average Cost of Capital (WACC)
  • Methods of Evaluating Capital Investment Projects
  • Comparing different projects and their returns
  • Capital Rationing

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