This Effective Budgeting and Cost Control workshop will allow the participants to understand the main concepts and methodologies around cost management and budgeting, and explore new thoughts in the planning, control, and budgeting cycle, resulting in a renewed energy in returning to the workplace and implementing a more focused budgeting process, which communicates useful and timely information to management.
The workshop will provide a framework for each topic covered, and then will make extensive use of exercises and case studies to allow participants to apply on real-life examples.
Acquire best practices in budgeting
Understand the strategic role of cost concepts
Prepare a master budget and explain the interrelationships among its supporting schedule
Understand zero-base, activity based, and kaizen approaches to budgeting
Measure and evaluate performance
Leverage emerging technologies for delivering operational excellence
Professionals from every business discipline = department who have to run budgetary plans, and who are responsible for cost and strategic analysis=Professionals who need to build, modify, and understand budgeting, cost, and management accounting=Professionals with some costing experience who have the responsibility of developing or maintaining budgeting, cost, and management accounting=Corporate finance and structured finance professionals who want to increase the depth and breadth of their knowledge
