EBC For Training & Development

Budget Preparation and Planning Skills Course

Budget Preparation and Planning Skills Course

Code

Available Dates

Places & Fees

Registeration



Istanbul .. Cairo .. Tunis .. Muscat

3250 €

Dubai .. Kuala Lumpur .. London

3850 €

Paris .. Singapore .. Barcelona

Register


Istanbul .. Cairo .. Tunis .. Muscat

3250 €

Dubai .. Kuala Lumpur .. London

3850 €

Paris .. Singapore .. Barcelona

Register


Istanbul .. Cairo .. Tunis .. Muscat

3250 €

Dubai .. Kuala Lumpur .. London

3850 €

Paris .. Singapore .. Barcelona

Register

Istanbul .. Cairo .. Tunis .. Muscat

3250 €

Dubai .. Kuala Lumpur .. London

3850 €

Paris .. Singapore .. Barcelona

Register


Istanbul .. Cairo .. Tunis .. Muscat

3250 €

Dubai .. Kuala Lumpur .. London

3850 €

Paris .. Singapore .. Barcelona

Register


Istanbul .. Cairo .. Tunis .. Muscat

3250 €

Dubai .. Kuala Lumpur .. London

3850 €

Paris .. Singapore .. Barcelona

Register

1- Online Training...with international accreditation. The value of participation per person is €1,450

2-Requirement : specifying the course, number of participants
implementation date, and joint coordination.

Group contracting ... 20% Discount For Each Participant In Any Group Of Five Person Or More

Other Places To Hold The Course :

KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels

Budget Preparation and Planning Skills Course

Introduction :

Budget preparation skills is a comprehensive program that focuses on the essential skills required to understand the processes of costing and budgeting within organizations.The budget preparation process program is designed to address all the relevant issues concerning cost analysis, budget preparation, and performance measurement.This budget preparation process course is a must for all professionals who need to master their budgetary skills by learning how costs behave so that realistic business plans can be produced.

Course Objectives :

At the end of this course, the participants will be able to :

  • Identify the critical factors required to understand business processes.
  • Develop a proper system of cost analysis for budgeting purposes.
  • Master the budgeting and financial skills required for better decision-making.
  • Identify sources of financial and operational data to support the budgeting process.
  • Learn new best practices to manage organizational performance.
  • Learn costing and budgeting terminology used in business.
  • Understand the importance of a well-defined costing and budgeting process.
  • Determine the total costs of outputs for the goods and services provided
  • Master traditional techniques and recent best practices.
  • Link finance and operation for budgeting purposes and strategy execution
  • Learn how to build a comprehensive performance measurement system.

Targeted Audience :

  • Finance professionals.
  • Accountants.
  • General accounting professionals.
  • Business unit professionals.
  • In this budget preparation, analysis, and control techniques, anyone who wants to understand the basics of budgeting and costing.

Course Outlines :

Unit 1 : Budgeting and Its Role Within the Management Process

  • The role of budgeting within management accounting.
  • Linking costing and budgeting to strategy and performance measurement.
  • The process of value creation: implications for budgeting.
  • What is a budget, and why is costing fundamental?
  • Budgets of the financial expression of the operating plan.
  • Linking financial and operational issues.
  • Behavioral implications of budgeting.

Unit 2 : The Framework for Budgeting

  • Elements of the budgetary framework.
  • Key concepts and terminology.
  • Advantages and disadvantages: critical issues to be discussed.
  • Overview of the financial statements.
  • Balance sheet, Income statement, and cash-flow statement.
  • Introducing cost analysis for decision-making.
  • The importance of understanding total costs.

Unit 3 : Costs Analysis for Budgetary Purposes

  • Costing for budgeting: Why?
  • Cost terms and purposes.
  • Fixed and variable costs.
  • Cost, profit, and volume relationships.
  • The critical concept of contribution margin.
  • The direct and indirect costs of the avocation problem.
  • Traditional methods vs. activity-based costing.

Unit 4 : Flexible Budgets and Variance Analysis

  • Budgeting for management control purposes.
  • Describe the difference between a static budget and a flexible budget.
  • Compute flexible-budget variances and sales-volume variances.
  • Explain why standard costs are often used in variance analysis.
  • How to interpret variance analysis?
  • Integrate continuous improvement into variance analysis.
  • Is budgeting enough?

Unit 5 : Beyond Budgeting: Broadening Performance Measurement Systems

  • Shortcomings of traditional approaches to budgeting and measurement.
  • Linking financial to operational issues.
  • The balanced scorecard and Six Sigma.
  • Linking strategy execution to performance measurement.
  • Financial perspective, customer perspective.
  • Internal business budget preparation process perspective, learning, and growth perspective.
  • Developing and adapting the scorecard.

European Business Center Training Methodology :

Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.

What Does The Participant Get From The Course?

Each participant obtains an internationally accredited training certificate from the European Business Center for Training and Development … which has the ISO certificate in quality No. 9001/2015 from the English international company UKAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution

Note :

We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.

International Accreditations

European Business Center for Training and Development has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.