Effective Budgeting and Cost Control / 23-Apr-2018 - 26-Apr-2018

Effective Budgeting and Cost Control

Bankers Committee members pay N 108,775.00 only

Background

The business environment is dynamic and business plans, more often than not, tend to deviate when budgets are compared with actuals outcomes. The inherent uncertainties and complexities in business have led to the development of various managerial tools, techniques and procedures to facilitate successful management of business. Amongst these, budgeting is the most common and widely used standard device for effective planning and control. The course is designed to enhance the skill of analysts and others in making investment decisions.

Target Participants

Entry and Middle Management Staff in Financial Control function within service and manufacturing companies, as well as those who are being prepared for such roles in the near future.

Objectives

At the end of the course, participants should be able to effectively:

Demonstrate how the budget relates to the key financial statements such as balance sheet, income statement and cash flows.
Use appropriate estimation techniques in the development of revenue and expense budgets.
Identify all the appropriate costs to be included in a capital expenditure proposal.


Contents

Principles of Budgeting and Cost Control
Linking the Tactical Budget to Strategic Objectives
Types of Budgets
Approaches to Budgeting
Budgeting Control and Variance Analysis
Budgeting and Costing Techniques
Capital Expenditure Budgeting and Analysis
Cost Control and Management Budget Reports
Information Technology and Budgeting
 


For more information: call Layo: 0802 477 6297 or Email: oosagbami@fitc-ng.com

Register Now

If you would like to attend this training programme, please fill the form below and we will contact you as soon as possible. You can also pay for courses online.




Our learning sessions are unique in 4 ways

  1. Programme design & delivery recognize the needs of adult learners in career
  2. Experience sharing by practitioners, with well over two decases of experience in areas relevant to course topic, whom we call "Programme Directors"
  3. Course delivery by practitioners based on conceptual research background
  4. The essence of our corproate brand and orientation within concept implementation thinking

The fees cover tuition, course materials, group lunch, tea/coffee and snacks but EXCLUDE accommodation.
Dress Code: Formal

Discount on Fees

3 participants 5% Discount
4 participants & Above 7.5% Discount


Payment of Fees

Payment of fees should be in cash or CERTIFIED CHEQUE/BANK DRAFT made payable to the FITC before the commencement date or on arrival at the venue.

Refund of Fees

Fees paid for participants who do not turn up eventually would be refunded, subject to deduction of 25% administrative cost.

Methodology

Formal lectures, case studies, participative group exercises and experience sharing.

Administration

The programme commences at 10.00a.m. on Monday, 9.00a.m other days and ends at 4.00p.m. daily.

In-plant Option

Do you intend to train more than 20 participants? Are you considering an in-plant option?
Please call us ☎


International Participants

International participants should please inform FITC of their attendance ahead of the programme, to enable us prepare airport pick-up for them.

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