Course details
Objectives:To introduce participants to the importance of planning budgets and their impact on management decisions.
Provide participants with the skill of preparing planning budgets and how to achieve the desired goals.
Developing the participants' skills in the practical and actual application of the scientific principles in supervising the implementation of the planning budgets.
Provide participants with the skill of writing reports on the level of implementation of different budgets.
Outline:
Planning budgets:
The definition
Objectives
The principles
The types
The preparation
Budgets types:
Balancing indirect manufacturing costs.
Balancing administrative and sales expenses.
Cash balance.
Cash receipts balance.
Balance of cash payments.
Income balance.
Balancing the financial position.
Cash flow balancing.
Short-term and long-term budget.
The overall budget and the sub-budget.
Cash balance.
Overall Budget.
Sales Balance.
Production budgets
Direct raw material balancing.
Direct Work Budget.
The expected results:
Ability to prepare the budgets mentioned above.
Monitoring the implementation of the planning budget:
Initial control.
Reverse control.
Balancing current and cash operations:
Preparing the budget of the ongoing operations.
Preparing cash operations budget.
Capital Operations Balancing:
Methods of valuation of capital projects:
Net present value.
Profitability rate
Internal Rate of Return.
Payback period.
Accounting revenue Updated on 13 May, 2019
Job roles this course is suitable for:
employees in banking sector , Finance and accountants , financial market workersCourse Location
About Global Development for Training
Introduction:
Training has become of great importance to managers of various organizations and institutions where training is an effective way to increase employee's efficiency at all stages of his work. It develops his abilities, skills and provides him with new information which is an influential factor in the process of upgrading the employee and increases his authorities and responsibilities.
The last two decades have witnessed a major transformation in the training knowledge. It has become Knowledge-based science; it is the only way to progress and development.
The need of Knowledge-based science is now a scale of new wealth. It requires a distinct type of education and lifelong training in acquiring knowledge and updating on an ongoing basis. This was an important reason that led to establishment of Global Development for Training (G.D.T).
Establishment:
Global Development for Training was established in 2012 in UAE - Permit No. 91,288 in Dubai to provide training and consulting services and staff development with the latest training methods in the world and in line with the global market to meet all the strategic requirements of the global markets in an environment based on modern knowledge, through the best human development trainers in the Arab world and the rest of the world, to reach the highest level of quality, creativity and developing clients and participants.
Vision:
To be one of the best training centers in the world which train and qualify the leaders and staff of the Arab World with the latest training methods in the world.
Mission:
We seek to provide strong training base to provide training and consulting services that meet all the strategic requirements for global markets in an environment built on knowledge, and through professionals Instructors in the world. Therefore, we put our goals in order to reach the highest levels of quality and creativity.
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