| COURSE : CERTIFIED ADVANCED BUDGETING & COST CONTROL PROFESSIONAL - CABCCP | |
|---|---|
| Course Overview | Budgeting is more than mere vague oversight. Budgeting should deliver the corporate strategy, add shareholder value and lead to a well-run business – for the benefit of all involved in it. Effective budgeting leads to real control – effective day-to-day operational control and more. This course demonstrates what proper budgeting and operational control can do. It shows that: Budgets should be tied to corporate strategy Cultural harmony – method / reports / people – is vital Having clear objectives and deliverables is a must Report and feedback leading to action will deliver |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) | All executives, managers, accountants, engineers and other staff who need to: Review or learn the concepts and measures used to budget and control operations Develop their organisational and personal process of budgeting and control Focus themselves and other members of the team on the issues which must be managed to ensure proper budgeting and operational control |
| Course Benefits | Understand financial terminology and concepts clearly Gain skills to analyse financial statements Understand the differences between budgets & budgeting Be able to implement techniques for effective budgeting Be able to apply advanced forecasting techniques Discover how to make smart purchasing decisions Interpret some of the legal aspects of finances |
| Course Contents / Outline | Introduction The importance of budgeting What are its aims? How do we make budgets effective? Budget Types Capital, revenue and cash distinctions How do these relate to the basics of a balance sheet, profit & loss account and cash flow statements? Concept of accruals Budget reparation Process Constructing forecasts Limiting factors Sensitivity analysis Break-even analysis Preparing a forecast Using the budget to control Variance analysis Flexible and static budgets |