TRAINING COURSES

Strategic Budgeting for Executives and Managers

Summary


Price:
$738.3
Language:
English
Funding:
No Funding
No. of Days:
2 Days
Location:
Central
Funding Individual
Full Cost S$738.3
Please refer to the "Funding" tab to understand details breakdown
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Budgeting is not an annual or periodical paper exercise; it is essential for the management of each department and the whole company to manage and control the business. It is also important for small businesses to plan and budget the strategies and targets for the coming years, both of which have to be translated into their overall budget.

This course provides managers and executives with the basic knowledge and skills to better understand the purpose of budgeting and how it applies to business as well as short term projects.

This course will help you to understand the principles, processes and application of budgeting, both in your business and projects.

After the workshop, you will be able to:

  • understand the basic principles of budget and the budgeting process
  • learn the types of costs and their behaviour – Cost-Volume-Profit Analysis
  • be able to prepare various types of budget
  • prepare a project budget
  • understand the factors affecting the success of budgeting
  • articulate your budget plan to management and the finance department

What you will learn?

  • Introduction to budgeting
    – Understanding the planning process and how it is translated to budget figures
    – Challenges in budgeting
    – Characteristics of a good budget
  • Types of costs and their behaviour
    – Cost-Volume-Profit analysis
    – Break-even analysis
  • Purpose of budgeting and the factors affecting the success of it
  • Difference between budget and forecast
    – Purpose of forecast
  • Types of budgets
    – Zero Based Budgeting
    – Activity Based Budgeting
    – Incremental Budgeting
  • Budgeting for short-term projects
    – Revenue
    – Costs
  • Budgetary control
    – Budget review
    – Variance analysis

Location:
Central
Address:
-
Building Name:
Virtual Classoom
Postal:
-
...
EON Consulting & Training Pte Ltd

EON Consulting & Training Pte Ltd, formerly known as Effective Outsource Networks, was established in 1996 and specialises in providing human capital consulting and training services to organisations in Singapore.

It has helped organisations improve on day-to-day human resource operations through three main areas of support, namely, information service, consulting and training.

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The following are details breakdown of the funding

Individual
*Funding
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SkillsFuture -
Productivity & Innovation Credit -
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Note

  • Funding is subjected to approval from the government agencies
  • The amount is calculated based on the "Up to" percentage of the course fees
  • Taking into assumption that you have not fully utilized the SkillsFuture Credit and Productivity & Innoviation Credit Scheme

 


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