Course details
Course OverviewThis course will provide participants with advanced knowledge and skills to enable them to prepare budgets and perform budgeting estimation and analysis, a crucial component in making sophisticated investment, financial, and managerial decisions, as well as enhancing the organizational performance.
Course Objectives
- Overview of major budgeting techniques and assumptions.
- Preparing accurate and reliable estimates
- Control and variance analysis (benchmarks)
- Pricing guidelines
- Cost analysis
- Profit planning
Course Outline
Module 1: Budgeting Overview
- Defining Budget and Budgeting
- Types of Budgets
- Budgetary process
- Actual vs Budget costs
- Budget Enhancements (Pros and cons of Budgets)
- Budgeting
- Short term planning
- Long term planning
- Optimal Budgeting (Purpose relevant)
- Budget feedback and control measures
- Budget reports
- Budget manual
- Budget sheets
- Budget audits
- Budget calendar
- Contribution Margin Analysis
- Break-even Analysis
- Target volume Analysis
- Scenario Analysis
- Benchmarking
- Optimal Profit Estimations
- Revenue Recognition
- Develop Alternatives
- Analysis and Implementation
Job roles this course is suitable for:
Finance departments , Credit officers , Investment department , Management , Marketing , HRCourse Location
About Optimizer Middle East
Introduction:
Optimizer Middle East is a professional organization located in Business village, Deira, Dubai, UAE and active in the MENA countries. The core business of the organization encompass services and consultancies in accounting management systems based on international standards and professional training including technical, management and accounting with the objective of developing personnel skills.
We have executed various professional development projects the Gulf region and North Africa till date targeting to be a leader for Training and development in the area.
Vision:
We Optimizer Middle East shall become the professional umbrella for all the training and development professionals in MENA regions.
Mission:
Develop, organize, sustain through providing professional services, consultancies and training with the objective of disseminating standardized and developed professional practices to individuals and private as well as governmental organizations in MENA region.
Our Objectives:
- Provision of knowledge as skills
- Empowering individuals and organizations in MENA region with the latest professional advanced tools
- Introduction of conceptual practices in the organizational activities
- Qualifying professional experts in the government and private sector
- AED 49
AED 955Duration: Upto 6 Hours - Capital Budgeting & Investment Decision NextGen LearningAED 199Duration: Upto 20 Hours
