NAME OF THE COURSE |
ADVANCED BUDGETING & COST CONTROL PROFESSIONAL |
NAME OF THE CERTIFICATION |
CERTIFIED ADVANCED BUDGETING & COST CONTROL PROFESSIONAL – CABCCP |
Course Overview |
Budgeting is more than mere vague oversight. Budgeting should deliver the corporate strategy, add shareholder value and lead to a well-run business – for the benefit of all involved in it. Effective budgeting leads to real control – effective day-to-day operational control and more. This course demonstrates what proper budgeting and operational control can do. It shows that:
Budgets should be tied to corporate strategy
Cultural harmony – method / reports / people – is vital
Having clear objectives and deliverables is a must
Report and feedback leading to action will deliver |
Training Duration |
30 Hours
Training Session: 1 Week
Session Days : 5 Working Days |
Training Schedules |
Weekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments provided
WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments provided |
Certifications: |
1) Certified Financial Risk Management Professional from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE – With Online Worldwide recognition facility
2) Certificate from American Institute of Professional Studies (AIPS) in Financial Risk Management from USA (After 15 Days of course Completion which will couriered to the attendees office address) – With Online Worldwide recognition facility |
Tests |
Yes |
Learning Aids |
Yes |
Course Material |
Hard & Soft Copies of Study Material |
Language of Instruction |
English |
Instructor Helpline |
Yes
1. Email
2. Social Media (For Emergency requirements) |
Registration Requirements |
1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee |
Mode of Payment: |
Cash / Cheque / Credit Card / Bank Transfer. |
Eligibility Criteria
(Who should attend this training) |
All executives, managers, accountants, engineers and other staff who need to:
Review or learn the concepts and measures used to budget and control operations
Develop their organisational and personal process of budgeting and control
Focus themselves and other members of the team on the issues which must be managed to ensure proper budgeting and operational control |
Course Benefits |
Understand financial terminology and concepts clearly
Gain skills to analyse financial statements
Understand the differences between budgets & budgeting
Be able to implement techniques for effective budgeting
Be able to apply advanced forecasting techniques
Discover how to make smart purchasing decisions
Interpret some of the legal aspects of finances |
Course Contents / Outline |
Introduction
The importance of budgeting
What are its aims?
How do we make budgets effective?
Budget Types
Capital, revenue and cash distinctions
How do these relate to the basics of a balance sheet, profit & loss account and cash flow statements
Concept of accruals
Budget reparation Process
Constructing forecasts
Limiting factors
Sensitivity analysis
Break-even analysis
Preparing a forecast
Using the budget to control
Variance analysis
Flexible and static budgets |