Strategic Financial Management and Effective Budget Execution also called Strategic Financial Management provides the important elements for attaining a comprehensive budget preparation and effective execution system.
DurationStrategic Financial Management and Effective Budget Execution also called Strategic Financial Management provides the important elements for attaining a comprehensive budget preparation and effective execution system.
This course focuses on the risks and challenges likely to obstruct the operation of management and financial accounting processes and evaluate the techniques and tools needed to tackle them.
It will highlight what constitutes strategic financial management and effective budget execution within the context of achieving their strategic and operational objectives.
Objective
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Public Sector Budgeting & Budgetary Control is designed for senior secretaries, executive secretaries, personal assistants and top-level management secretaries aiming to improve their performance and maximise opportunities for promotion to executive positions.
This unit is about the use of budgeting for planning, coordinating and authorising the activities of an organisation and for controlling costs.
This course is considered the second level in budgeting after our "Effective Budgeting and Cost Control" program. It goes beyond the theory of budgeting as a concept to over specific steps to make the budget a value-added process in the organization.
This highly practical and interactive one-day course will clearly explain the purpose of the budget in controlling costs and forecasting financial and operational performance and planning.
Financial planning is the process of raising funds and allocating these funds based on the overall business strategy. The starting point of the financial plan is therefore organisation’s Mission/ Vision Statements.
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