Introduction

The Seminar focuses on the internal view of an organization: strategic decision making, budgeting and cost control. The program will increase your understanding of the overall budgeting process and how it fits in to the strategic objectives of your organisation.

It is important that all professionals in every department understand the budget its linkage to the strategic objectives of the business and appreciate that it is a vital component of managing organizations. The budgeting process helps to create a culture of performance measurement and spread it throughout the organization in order to help the business meet its objectives.

• Setting performance indicators
• Achieving control over costs
• Maintaining good cash flow
• Making correct capital project decisions.
• Motivating staff

Training Methodology

Learning is achieved via real life examples, which reinforces the theory, and  a topic-related internationally acclaimed video which successfully simplifies budgeting for the non-financial person.  This will be an interactive workshop where there will be group activities and discussions, quizzes and games.  Participants will receive a certificate of attendance at the end of the workshop.

Intended For

Finance and non-financial managers and professionals who wish to improve on their planning, controlling and decision -making ability such as Executives, Company Administrators & Secretaries, Legal Practitioners, Managers and Company Directors as well as Finance Managers and Finance Officers/Executives.

Organisational Impact

• Increase financial awareness in the organization
• The organization will be in a better position to develop useable budgets
• Those attending will be in a position to lead others in budget preparation
• Motivation will be improved
• Cost control will be improved
• Strategy & budgeting will be integrated
• Financial and non-financial key performance indicators will be identified

Personal Impact

• Delegates will feel more comfortable with terminology.
• They will understand the linkages between budgeting & costing
• The delegates will understand the control aspects of budgeting
• The delegates will appreciate the motivational aspects of budgeting
• They will understand how to discuss and communicate in budgeting terms
• Delegates will understand how to link financial and non-financial measures

Training Methodology:
This interactive training course includes the following training methodologies as a percentage of the total
tuition hours:-
• 30% Lectures, Concepts, Role Play
• 30% Workshops & Work Presentations, Techniques
• 20% Based on Case Studies & Practical Exercises
• 20% Videos, Software & General Discussions

Certificates

A Certificate of Completion will be issued to those who attend & successfully complete the programme.

Schedule

  08:30 – 10:15 First Session

 10:15 – 10:30 Coffee Break

10:30 – 12:15 Second Session

 12:15 – 12:30 Coffee Break

12:30 – 14:00 Third Session

 14:00 – 15:00 Lunch

Training Methodology:

This interactive training course includes the following training methodologies as a percentage of the total tuition hours:

• 30% Lectures, Concepts, Role Play
• 30% Workshops & Work Presentations, Techniques
• 20% Based on Case Studies & Practical Exercises
• 20% Videos, Software & General Discussions
• Pre and Post Test

Fees

 The Fee for the seminar, including instruction materials, documentation, lunch, coffee/tea breaks & snack is: