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The Complete Course On Budgeting And Cost Control

ENDED
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On-Site / Training
Ended last Mar 10, 2016
USD  3,500.00

Details

A budget is a plan of the level of business to be achieved and is expressed in monetary or quantitative terms. The most frequently used time frame for a budget is one year which may then be broken down on a quarterly or monthly basis.

Budgeting and cost control includes the detailed estimation of costs, the setting of agreed budgets, and control of costs against that budget.

Outline

Upon successful completion of this course, participants will be able to:

  • Understand the essential elements of financial planning, costing, budgeting and project appraisal
  • Review the concepts and practice the techniques of budgeting and cost control
  • See how the budget relates to the two key financial statements: Balance sheet and income statement
  • Prepare a budget consistent with the organization's strategic plan
  • Use appropriate estimation techniques in the development of revenue and expense budgets
  • Identify all the appropriate costs to be included in a capital expenditure proposal
  • Analyze management cost reports and take corrective action

Speaker/s

Who should attend?

This course is tailored for:

Managers, supervisors and staff who prepare and/or are involved in use of management budgets

Schedules

Mar 06, 2016 - Mar 10, 2016
ENDED
No. of Days: 5
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Millennium Solutions Training Center (MSTC) is an elite training center that offers a wide range of training and development programs in Technical, Non-technical & Vocational areas which include short courses, workshops, tailor-made programs & seminars catering to the diversified needs of industries and service organizations such as Oil and Gas, Petrochemical, Manufacturing and Processing, Power Generation and Distribution, Banking, Insurance, Tourism & Healthcare.

Our expert team's focus is to provide innovative solutions based on sound principles and well tested techniques to help our clients achieve their training and human resource development objectives with commitment to maximum flexibility, cost effectiveness, quality, excellence & continuous improvement.

MSTC
strives to be the pioneer in its specialized fields.

Our Mission

MSTC is committed to maximum excellence, quality & continuous improvement in all its services.
MSTC is committed to provide its services by collaboration with the best international consultants & organizations.
MSTC is committed to bring latest techniques, technology & practical training solutions to the region.
MSTC is committed to serve the community & add values to the people. ...

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