May
11 Monday

Strategic Planning, Effective Budgeting and Cost Control

Mon, May 11, 2020 - Wed, October 14, 2020 (8:00 am - 4:00 pm)

Description

Introduction

This course will allow the participant to explore and share with other participants new thoughts in the planning, control, and budgeting cycle, resulting in a renewed energy in returning to the workplace and implementing a more focused budgeting process, which communicates useful and timely information to management. The course will provide a framework for each topic covered, and then will make extensive use of exercises and case studies.

Methodology

  • Live group instruction
  • Detailed practical examples
  • Use of case studies and real-world examples
  • Interactive participation

All participants receive a comprehensive binder containing copies of the presentation slides, handouts and other course materials

 

Learning Outcomes

  • Acquire best practices in budgeting
  • Understand the strategic role of cost concepts
  • Explain the costs concepts to the use of cost information for management control
  • Describe the role of budgets in the management process
  • Discuss the importance of strategy and its role in the master budget
  • Prepare a master budget and explain the interrelationships among its supporting schedule
  • Understand zero-base, activity based, and kaizen approaches to budgeting
  • Explain the essence of control systems
  • Develop flexible budgets for evaluating short-term financial performance
  • Identify different cost control measures
  • Measure and evaluate performance
  • Leverage emerging technologies for delivering operational excellence

Ticket Information

Strategic Planning, Effective Budgeting and Cost Control - (In-person)

₵1,800.00

Online booking closed

Strategic Planning, Effective Budgeting and Cost Control - (Virtual)

₵1,260.00

Online booking closed

Event Calendar

Monday, May 11, 2020 - Wednesday, May 13, 2020

8:00 am - 4:00 pm
Closed

Monday, August 17, 2020 - Wednesday, August 19, 2020

8:00 am - 4:00 pm
Closed

Wednesday, October 14, 2020 - Friday, October 16, 2020

8:00 am - 4:00 pm
Closed

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