Budget Management & Control

Budgets are an essential financial tool, which aid, planning, decision making, resource allocation, coordination, and control.

Without the necessary skills Budgets can be poorly managed and lack control or alternatively fail to provide the flexibility required to seize opportunities and respond to changing market and economic events.

This program provides participants with the skills necessary for the effective management and control of budgets including the:

• Sales Budgets
• Production Budgets
• Cash Budgets
• Capital Budgets and
• Master Budget

Participants attending will:

• Develop the skills to effectively Use Budgets as a management tool:
• Develop the skills to effectively Manage & Control the budgeting process by:
• Implementing advanced planning and control techniques such as

In particular, the following will find it very helpful:

• Financial managers, finance controllers treasurers and inventory managers
• Senior managers with direct responsibility for financial management and control
• Accountants, sale and purchase managers and managers responsible for the relationship with banks
• Any manager, at a medium and senior level, who is a part of the financial decision-making team.
• New interns and trainees with finance-related responsibilities.
• Department heads, process owners, administrative personnel associated with budget management, financial and technical professionals, sales and marketing professionals, project managers, and anyone who needs to understand how to develop cost projections for their department, projects.

• Financial managers, controllers, and finance executives responsible for budgeting and financial planning
• Accountants and management accountants involved in cost control, variance analysis, and performance reporting
• Budgeting and planning professionals working in corporate, manufacturing, or service organizations
• Department heads and senior managers responsible for resource allocation and financial decision-making
• Sales, procurement, and operations managers involved in budget preparation and cost monitoring
• Project managers and team leaders responsible for project budgets and financial control
• Finance staff, analysts, and interns seeking practical skills in budgeting and financial analysis
• Professionals involved in forecasting, financial reporting, and decision support functions