Mastering Budgeting: Planning, Implementation, and Financial Control —FA 5006

15 Apr 24-19 Apr 24 (London, UK), 12 Aug 24-16 Aug 24 (London, UK), 25 Nov 24-29 Nov 24 (Dubai, UAE),

Course Overview

    This comprehensive course is designed to equip participants with the knowledge and skills necessary to become proficient in budgeting, from initial planning to effective implementation and financial control. Budgets are crucial tools for organizations to achieve their financial goals and objectives. Whether you're a manager, business owner, or aspiring financial professional, this course will provide you with the expertise needed to create, manage, and analyze budgets with confidence.


Learning Outcome

    Delegate will at the end of the course learn:

    • Understanding the importance of budgeting fixed or flexible budget
    • Understanding the importance of liquidity and working capital management
    • Gathering data and historical financial information
    • Departmental / master (corporate) budgets
    • Allocating resources and setting budgetary targets
    • Monitoring spending and adherence to the budget
    • Classification of incremental versus zero based budgeting (ZBB)
    • Know budgetary planning and budgetary control
    • Prepare different classes of budget i.e. prepare and evaluate fixed and flexible budgets & evaluate the resulting variances.


Indicative Contents

    • Overview of budget & cash flow management
    • Qualitative content of budget i.e. revenue, expenditures, assets liabilities & cash flows
    • Budget planning & control i.e. identify purpose of budgetary planning & control systems
    • Quantitative aids to budgeting
    • Managing cash inflows and outflows-cashflow budgeting
    • Budget Limit or principal budgets fact
    • Analyzing deviations from budgeted figures
    • Identifying causes and corrective actions for budget variance
    • Cash budget and cash management analysis
    • Reporting budget
    • Using budget as management tool


More Detail
Duration This is a one-week programme spread over 5 working days.
Certification A certificate of completion is issued on successful completion of the programme.
Location (London, UK), (London, UK), (Dubai, UAE)
Travel and accommodation Travel and accommodation to be paid for at source by delegates.

London: £4,500.00 (Excl. VAT) per delegate for 1 week. Dubai: $5,850.00 (Excl. VAT) per delegate for 1 week.