Effective Budgeting And Cash Flow Planning

Course Objectives

• Learn the steps involve in business planning
• Learn how to produce the business plan
• Understand the budget planning process, preparation , review and control
• Implement and administer company successfully
• Use the budget to management actions and decision and translate organization values into business target 
• Learn the major weaknesses and alternative techniques to traditional budgeting
• Recognize the importance of human behaviour affecting the budget

Target Audience

This course is designed for Business Planner, Accountant, Managers, administrator, General Manager, Business Owner, Executives, and Senior Account Supervisors

Methodology

The program will use a range of interactive activities group and individual exercises, case studies and discussions. There will also be formal inputs of theory and models. The aim is to provide a focus for action that will maximise learning. The approach used is “Experiential Leaning’’

Course Modules

• Module 1 – Importance of Planning Framework in Budgeting Process

• Module 2 – How to Evaluate Strategy Option

• Module 3 – Budgeting Framework 

• Module 4 – How to Develop Functional Budget 

• Module 5 – Types Of Budget System

• Module 6 – Cash Flow Forecasting 

• Module 7 – Capital Evaluation Techniques

• Module 8 – Importance of Responsibility Accounting and Variance Reporting