Budgeting is the first step in implementing effective financial planning. Organisations that create and follow an effective budget can make effective decisions and are more likely to achieve their strategic objectives. There are several ways to prepare and manage a budget, so how does a company determine the most appropriate budget for them?
This two day course will provide participants with the techniques and best practices for preparing and managing budgets effectively. Participants will cover the areas of planning, forecasting, cost management, and management decision making based on budgets.
What will I learn?
This course will help you:
- Understand the budgeting and planning process and how it translates into annual budgets
- Discover principles, approaches and techniques of budgeting
- Optimize planning of resources to achieve budgeted targets
- Gain insight into recent developments in the budgeting and planning process
This course is suitable for directors, managers or anyone who uses financial information in the course of their work. The course is particularly suitable for managers and heads of any department who want to improve their budget preparation and management skills.
PwC Academy is the educational business of the global organisation PricewaterhouseCoopers (PwC). Our goal is to give people greater knowledge, competence and expertise in finance and business. Our foundation is our team of expert professionals, who convey their wealth of knowledge and the practical experience they have gained within leading organisations around the world.
We offer a variety of training courses covering professional qualifications, financial competencies, and management skills. The courses are based on both the individual experiences of our experts and the best practices of PwC Global. We constantly adapt our courses to meet the needs of modern business and tailor them to our client’s requirements. PwC’s Academies in the Middle East are part of PwC’s growing network of Academies which are present in over 30 countries worldwide. Through the network of PwC’s Academies we continually exchange best practices and successful methodologies to ensure that we are consistently providing industry leading training programmes.See all PwC's Academy courses
Cost and Budgeting Related Questions
I am currently working as Sr. Relationship officer - Liabilities with a reputed bank in UAE. I am...
Unanswered //Oct 10, 2016 Fraud and Laundering, Accounting, Finance and Banking
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