Improving Management Performance Through Budgeting And Cost Control

by Foreign Corporate Training Limited FCTL Claim Listing

Organisations often encounter financial difficulties as a result of either inadequate budgeting or errors in the compilation of the budgets.

£3600

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img Duration

5 Days

Course Details

Organisations often encounter financial difficulties as a result of either inadequate budgeting or errors in the compilation of the budgets.

This course takes a practical approach to financial planning for the organisation. It considers the compilation of budgets and how to identify potential problems arising and suggests actions that can be taken. The course has been designed to provide participants with the skills for establishing and managing budgets.

It will also assist participants to identify the factors that can affect organisation’s performance.

 

Training Outcomes:

By the end of the course, participants will be able to:

  • translate resource plans into financial budgets
  • develop strategies to improve value for money while maintaining financial control and propriety
  • build and maintain a robust budgetary process
  • create and implement an action plan for significant improvement in your area of responsibility
  • introduce best practice methods measuring and managing financial performance
  • interpret Financial Management information
  • understand the key budgetary statements and their compilation
  • analyse variances and corrective action
  • update and flex the budget
  • present the budgets
  • drive through sustainable improvements
  • Nottingham Branch

    8 Experian Way ng2 Business Park, Nottingham

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