Modern businesses are the epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques, and procedures useful in managing business successfully.
Modern businesses are the epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques, and procedures useful in managing business successfully.
Of all these, budgeting is the most common and widely used standard device for planning and control. This course provides a fundamental understanding of budgeting, the budgeting process and includes a practical guide for preparing and mastering financial budgets.
Learning Objectives:
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Vision:
To be the No 1 Training Provider to help organisations in developing competent and innovative employees for their business growth.
Mission:
To help HRDF registered employers to utilise and optimise their levy for the business growth, competitiveness and sustainability. To help non-HRDF organisations to develop competent and innovative employees.
To understand the Quality Cost Model that includes Prevention Cost, Appraisal Costs, Internal Failure Costs and Failure Costs. To know where Cost of Quality fits into Quality Management Systems.
Budgeting for Profit Planning and Control training is offered by Infoniche Training Consultancy. We customize training programs according to the organization's needs. A Free assessment can be done to engage the gap for training and development needs.
This is a workshop on preparing Company annual costing and budget forecast. Learn the tools that can hep you make better decisions and learn how to prepare analysis for Company forecast.
Cost reduction can be achieved through reduction, elimination, modification of manufacturing activity. Through in depth analysis the best and least cost path is adopted for each activity. The best method to achieve results are to bench mark operating parameters to world class companies.
The success of a company is determined by its profitability and financial stability. In this case, planning ahead with sound annual budget is a key component.
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