Many managers and executives have the responsibility of preparing and monitoring a business budget for their team or department. Therefore, it is important for them to understand the different types of budgets and budgeting considerations.
DurationProgramme Objective
Many managers and executives have the responsibility of preparing and monitoring a business budget for their team or department. Therefore, it is important for them to understand the different types of budgets and budgeting considerations
Programme Outline
? Explore the type of budgets and their objectives.
? Evaluate budget considerations.
? Walkthrough a 4-step process to prepare and monitor a business budget.
Learning Outcomes
Training Methodology
Our approach to training is based on adult learning principles to create a conducive and active learning environment where participants can apply newly acquired knowledge and skills throughout the workshop.
We use a variety of interactive and engaging activities, such as case studies and group discussions, to allow participants to apply their new knowledge to realistic scenarios in a safe learning environment.
As a result, participants will leave our workshop with the confidence to prepare and monitor business budgets.
The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a world-class accountancy body of trusted professionals, contributing towards an innovative and sustainable economy.
There are over 33,000 ISCA members making their stride in businesses across industries in Singapore and around the world.
Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession.
ISCA is the Designated Entity to confer the Chartered Accountant of Singapore - CA (Singapore) - designation.
ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.
To stay on top, companies must constantly re-examine the budgeting and forecasting models they use in their decision making processes to ensure they are up-to date and incorporate the latest in budgeting and forecasting best practices.
Gaining insights into the cost-volume-profit relationships enable managers to make better scare resources allocation decisions, plan activities, control costs and evaluate performance.
In this unpredictable and erratic business environment, organizations need to harness its financial forecasting and models to futureproof their future financial health and performance to weather any unexpected setbacks.
This workshop focuses on the skills to manage the budgeting and forecasting processes that are critical to enterprises large and small.
Project Cost and Financial Management is concerned with the process of performing pre-project financial assessment, planning, creating and controlling the cost of a project or business.
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