Effective Budgeting and Cash Flow Planning

Introduction

Many organizations use budgeting and forecasting as a means of providing and updating tactical operating plans and controlling costs; but world-class organizations use these, and other powerful tools, within a framework specifically designed to develop and execute business strategy and manage organizational performance.

But most managers are trained for their functional roles, not for finance. Yet every manager is expected to understand finances well enough to make realistic budgets, manage cash, and hit his or her targets. This power-packed training course will provide you with the skills and tools to do this, with the aim of achieving your organization’s overall goals.

Objective

Upon completion of this program, participants will be able to:

• 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 behavior affecting the budget

Who Should Attend

This program 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 maximize learning. The approach used is “Experiential Leaning”

Module