Effective Budgeting and Cost Control
overview
Planning and budgeting are must-have skills for all professionals regardless of their function or managerial level. This course covers the concept of budgeting as a planning tool, a financial device and a control mechanism. In addition, it provides the necessary application tools required to making long-term and short-term planning decisions.
course details
COURSE DURATION | LANGUAGE | CERTIFICATE |
3 Days | English | DISS Certificate |
*Please notify us if an interpretation is required |
course benefits/progression opportunities
Course objectives
By the end of the course, participants will be able to:
- Defend the importance of linking an organization’s budget with its strategic plan
- Demonstrate how the budget relates to the key financial statements: balance sheet, income statement, and cash flow
- Prepare the key elements of an operating and capital budget and evaluate the different budgeting approaches used
- Apply cost control tools, analyze management variance reports and take proper corrective action
- Calculate different capital budgeting evaluation techniques as included in a capital expenditure proposal
- Utilize cost-volume-profit analysis in making budgeting decisions
course outline
Module 1: Planning and the functions of management Module 2: The key financial statements Module 3: Budgeting: process and approaches | Module 4: Cost control Module 5: Capital expenditure budgeting and analysis Module 6: Cost-Volume-Profit analysis (CVP) |
COURSE TYPE: CLASSROOM
DATE | DAY | QATAR TIME |
21-23 Feb 21 | Sun-Tue | 09:00-15:00 |
21-23 Mar 21 | Sun-Tue | 09:00-15:00 |
12-14 Apr 21 | Sun-Tue | 09:00-15:00 |
10-12 May 21 | Sun-Tue | 09:00-15:00 |
14-16 Jun 21 | Sun-Tue | 09:00-15:00 |
12-14 Jul 21 | Sun-Tue | 09:00-15:00 |
9-11 Aug 21 | Sun-Tue | 09:00-15:00 |
13-15 Sep 21 | Sun-Tue | 09:00-15:00 |
11-13 Oct 21 | Sun-Tue | 09:00-15:00 |
8-10 Nov 21 | Sun-Tue | 09:00-15:00 |
13-15 Dec 21 | Sun-Tue | 09:00-15:00 |
TESTIMONIAL
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Meet THE INSTRUCTORS
Instructor Name
Profession
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Instructor Name
Profession
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Related Courses
IFRS | International Financial Reporting Standards (Online Certification)
Batch starts Jan 2021
17:00 to 21:00 (Qatar)
18:00 to 22:00 (Oman)