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Advanced Budgeting-Tools for Forecasting and Reporting - Ascendia Holding , Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE, Dubai, Online

Fri, 09 May 2025 21:18:32 +04

Course Outline:

This hands-on budgeting and forecasting course is designed to help participants master the essential skills needed to develop accurate budgets, forecast revenues and expenses, and perform detailed variance analysis.

Through practical exercises and real-life scenarios, learners will gain proficiency in using Excel and financial planning tools to support strategic decision-making. The course emphasizes the importance of aligning budgets with organizational goals, monitoring performance, and making data-driven adjustments to improve financial outcomes.

Ideal for finance professionals, managers, and analysts, this training enhances participants' ability to create reliable financial plans, track performance metrics, and contribute to effective resource management and business growth.

Cost: 1399 AED

Duration: 24 Hours

Certified Cost Management Specialist - Ascendia Holding , Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE, Dubai, Online

Fri, 09 May 2025 14:04:47 +04

Course Outline:

Master advanced techniques in project cost control with this comprehensive Cost Management Certification course. Designed for professionals managing complex projects, the program covers project budgeting, forecasting, earned value management (EVM), and financial risk analysis. Participants will learn to plan and monitor project finances, identify cost variances, and implement corrective actions effectively.

The course emphasizes global best practices, enabling learners to improve cost-efficiency, ensure financial accountability, and support strategic decision-making. It is ideal for project managers, cost controllers, and financial planners aiming to strengthen their capabilities in cost planning, performance measurement, and resource optimization within diverse project environments.

Cost: 1499 AED

Duration: 24 Hours

Certificate in Cost Control - Strategic Axis FZ LLC , Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE

Thu, 20 Jun 2024 13:18:31 +04

Course Overview:

Master the art of managing costs effectively with our Certificate in Cost Control course. This program is designed to provide you with the essential skills and techniques to optimize expenses, improve financial performance, and ensure the profitability of your organization.

Course Content:

Introduction to Cost Control
Understanding the Importance of Cost Control
Key Concepts and Terminologies in Cost Management
Cost Classification and Allocation
Types of Costs: Fixed, Variable, Direct, and Indirect
Methods for Allocating Overheads
Budgeting Techniques
Preparing and Managing Budgets
Zero-Based Budgeting and Incremental Budgeting
Variance Analysis and Corrective Actions
Cost Estimation and Forecasting
Techniques for Accurate Cost Estimation
Predictive Analytics for Cost Forecasting
Scenario Analysis
Cost Reduction Strategies
Identifying Cost-Saving Opportunities
Lean Management and Process Improvement
Strategic Sourcing and Procurement
Financial Reporting and Analysis
Understanding Financial Statements
Key Metrics and Ratios for Cost Control
Reporting Tools and Techniques
Case Studies and Practical Applications
Real-World Examples of Effective Cost Control
Group Exercises and Simulations

Key Benefits:

Acquire in-depth knowledge of cost control methodologies
Learn to prepare and manage budgets effectively
Develop skills to identify and implement cost-saving opportunities
Enhance your ability to analyze financial performance
Obtain a valuable certification to advance your career

Cost: 3900 AED

Duration: 1 To 5 Days

Cost Management - London Training For Excellence , Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE, Dubai, Abu Dhabi, Riyadh, Jeddah, Al Kuwait, Muscat, Manama, Kuwait City, Doha,Netherlands,United Arab Emirates,United Kingdom

Wed, 05 Apr 2023 14:11:31 +04

Overview
Cost management is the process of identifying analysing and controlling the costs associated with a project or business operation. It involves budgeting forecasting and monitoring expenses to ensure that a project or business stays within its financial constraints. Effective cost management requires ongoing monitoring analysis and control. It is an essential part of project and business management as it helps ensure that resources are used efficiently and that projects and operations are completed within budget. The objective of a cost management training course is to provide participants with the knowledge and skills necessary to effectively manage costs within an organisation. The course will cover a wide range of topics including cost accounting principles budgeting and forecasting cost control and reduction techniques and cost-benefit analysis. The course will also provide participants with practical tools and techniques that can be applied in the workplace to improve cost management processes and decision-making.

Objective

Control and minimize costs: Identify areas where costs can be reduced and implement strategies to achieve this.
Optimize the use of resources: Ensure that resources are used efficiently and effectively to achieve the desired outcome.
Provide accurate financial information: Monitor and report on costs to ensure that accurate financial information is available to stakeholders.
Improve decision-making: Provide accurate and timely information to support decision-making and ensure that resources are allocated to the areas that will generate the greatest benefit.
Improve performance: Continuously monitor and improve performance by identifying and eliminating inefficiencies and waste.

Who Should Attend

Cost Management training is beneficial for a wide range of professionals who are involved in managing costs within an organisation. Some common groups that may attend cost management training include:
Project managers: Project managers need to understand cost management principles and techniques in order to effectively plan, budget, and control costs for their projects.
Financial managers: Financial managers need to understand cost management principles and techniques in order to effectively plan, budget, and control costs for their organization.
Operations managers: Operations managers need to understand cost management principles and techniques in order to effectively plan, budget, and control costs for their department or business unit.
Procurement professionals: Procurement professionals need to understand cost management principles and techniques in order to effectively plan, budget, and control costs for the goods and services they purchase.
Engineers: Engineers need to understand cost management principles and techniques in order to effectively plan, budget, and control costs for the projects they work on.
Business Analysts: Business Analysts need to understand cost management principles and techniques in order to effectively plan, budget, and control costs for the projects or initiatives they are working on.

Course Outlines
Day 1: Introduction to cost management and cost accounting principles
Understanding the role of cost management in an organisation
Overview of cost accounting principles including variable and fixed costs direct and indirect costs and cost behaviour analysis
Introduction to cost-volume-profit analysis and break-even point analysis

Day 2: Budgeting and forecasting
Understanding the importance of budgeting and forecasting in cost management
Techniques for creating and using budgets including zero-based budgeting and activity-based budgeting.
Methods for forecasting costs including trend analysis regression analysis and Delphi technique.
Introduction to rolling budgets and flexible budgeting.

Day 3: Cost control and reduction techniques
Understanding the role of cost control in cost management
Techniques for controlling costs including standard costing target costing and activity-based costing.
Methods for reducing costs including process improvement outsourcing and re-engineering.
Introduction to cost-cutting techniques such as cost-plus pricing and value engineering

Day 4: Cost-benefit analysis and decision-making
Understanding the role of cost-benefit analysis in cost management
Techniques for evaluating the financial impact of decisions including net present value internal rate of return and payback period.
Methods for making cost-effective decisions including decision trees and sensitivity analysis
Introduction to risk management and uncertainty analysis in cost-benefit analysis

Day 5: Tools and techniques for improving cost management processes and decision-making in the workplace.
Understanding the importance of tools and techniques in cost management
Introduction to cost management software and systems and cost management dashboards.
Methods for using data and analytics to improve cost management processes and decision-making including data visualization and machine learning.
Best practices for implementing and maintaining cost management processes and systems in the workplace.

Cost: 4900 USD

Duration: 5 Days

Budgeting Forecasting and Planning - London Training For Excellence , Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE, Dubai, Abu Dhabi, Riyadh, Jeddah, Al Kuwait, Muscat, Manama, Kuwait City, Doha,Netherlands,United Arab Emirates,United Kingdom

Fri, 24 Mar 2023 14:56:18 +04

Introduction:

Managers have financial responsibilities and many have budgets to write and control and face many decisions that require forecasting and planning preparing their budgets. Using Oil and gas industry examples and exercises, this course aims to break down some of the financial barriers in an entertaining and informative style, with numerous examples. Bring your calculator. It gives an insight into the world of budgeting for financial and non-financial managers and professionals.

Objective:

Define Planning and its Purpose
Describe the Planning and Budgeting Cycle
Explain the Strategic Planning Process
Describe the Major Elements of the Annual Business Plan
Understand why you must link budgeting and forecasting to planning and performance
Describe and Perform the Basic Steps in Preparing a Comprehensive (Master) Budget
Prepare a Capital Budget
Determine and Investigate Budget Variances

Cost: 4900 USD

Duration: 5 Days

Budgeting, Forecasting & Control - Learners Point Training Institute , UAE, Dubai,Dubai,Bahrain,Kuwait,Oman,Qatar,Saudi Arabia,United Arab Emirates

Mon, 06 Dec 2021 16:51:20 +04

OVERVIEW:

Our Budgeting Forecasting and Control (BFC) Course in Dubai empowers professionals with essential skills in budgeting, forecasting, and financial planning. This KHDA-approved training is perfect for individuals seeking expertise in financial management to drive business success. The course equips learners with tools to create efficient budgets, accurately forecast financial needs, and make data-driven decisions for better business performance.

Why Choose Our BFC Course?

Master Budgeting Skills: Learn to create effective budgets for resource allocation.
Forecast Financial Trends: Anticipate future market trends and performance indicators.
Strategic Financial Planning: Understand the connection between budgets, strategies, and organizational goals.
Practical Learning Approach: Gain expertise through real-world examples and case studies.

Course Highlights:

24 Hours of Expert-Led Training: Comprehensive modules covering all aspects of budgeting and forecasting.
Flexible Learning Options: Choose between in-person and online sessions.
KHDA-Approved Certification: Enhance your professional profile with a recognized credential.
Easy Payment Plans: Affordable instalment options are available.

What You Will Learn:

Budget Creation & Management: Master the entire budgeting process from planning to execution.
Forecasting Techniques: Learn data-driven forecasting to predict future financial trends.
Control & Monitoring: Understand how to monitor progress and adjust budgets for optimal performance.
Strategic Planning: Use zero-based budgeting, cash budgeting, and capital budgeting for effective financial control.

COURSE OUTLINE:

The Budgeting Process
Budgeting in a Business
The role of Budget in Corporate Governance
Sources of Information
Planning and Building the Budget
Where to start?
Key Accounting Concepts
Forecasting Revenue
Types of Costs
Overview of the Budgeting Process and Model Considerations
Types of Budget Models
Short-term & Long-term Models
Upstream vs Downstream Models
Model Design & Planning
Best practice Design guidelines
Budgeting vs Forecasting
Planning the Model
Bottom-up Budget Models
Model Development Framework
Zero-based Budgeting & Cost Drivers
Rolling (dynamic) Budgets
Building flexibility into Time Series Analysis
Capital Budgeting
Cash Budgeting
Determination of Model and Forecast Scope and Time Horizons
Control
Using Cost Information for Management Control
Optimize Planning of Resources to achieve Budgeted Targets
Measure and Evaluate Performance against Forecasts
Recent Developments in the Budgeting and Planning Process (balanced scorecard, value chain analysis, and others)

KEY TAKEAWAYS:

Upon completion of our Budgeting and Forecasting training program, the candidate will be able to:

Learn the fundamentals of strategic planning and budgeting
Utilize case studies to demonstrate each of the four management functions
Determine the pros and cons of different budget styles, techniques, and methods
Prepare a budget for future expenses and revenues by learning
Develop in-depth knowledge of capital budgeting techniques and tools
Utilize different cost mechanisms and optimization procedures
Differentiate between the various cost elements and their effects on budgeting

ACCREDITATION:

Our course is accredited by ISO 9001: 2015 and the Knowledge and Human Development Authority (KHDA).

Why Learner’s Point?

Expert Trainers: Learn from industry experts with hands-on experience in budgeting forecasting and control.
KHDA-Approved Certification: A globally recognized credential for career advancement.
Customized Learning: Tailored BFC courses to meet your learning needs.
Proven Success: Join thousands of successful professionals trained by Learner’s Point.

Testimonials

Jannat Rizwan, Financial Analyst

"The Budgeting, Forecasting & Control Training Course transformed my financial management skills. Practical insights and real-world scenarios made the learning experience invaluable. Now, I feel confident in strategic planning and ;

Hamza Neogi, Budget Analyst

"Completing the course was extremely beneficial for me. The hands-on experience and personalized guidance prepared me for the real financial world. I now apply the techniques learned daily in my ;

Take charge of your financial future today! Enrol in our BFC Course and gain the skills needed to master budgeting and forecasting for business success. Join Learner’s Point and boost your career now!

Cost: 5000 AED

Discount: 60% Off for Laimoon Users!

Duration: 24 Hours

Certified Cost Professional - LEORON Professional Development Institute , Dubai

Tue, 03 Mar 2020 14:52:40 +04

This course is beneficial to any cost engineer or individual who is working in a cost control/project management environment wanting to grow and advance their knowledge of cost engineering, and fast track their career. The aim of each session is to equip delegates with practical skills and knowledge to become better cost engineers.

It is more than just a course to make delegates pass a certification exam.

A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of the TCM framework. Specifically covering aspects of Cost Engineering this certification also includes the wider integration of Project Controls incorporating Cost Estimating, Planning & Scheduling, Cost Control and Risk Management. CCP's also demonstrate the ability to research and communicate aspects of the TCM principles and practices to all levels of a project or program, both internally and externally.

The course teaches all the material that is required for delegates to sit the Certified Cost Professional challenging exam.

Cost: 1890 USD

Duration: 5 Days

Certificate in Budget Analysis - LEORON Professional Development Institute , Dubai,Azerbaijan,Georgia,Kazakhstan,Oman,Saudi Arabia

Thu, 27 Feb 2020 11:20:36 +04

Certified Budget Analysis - Advanced Tools in Budgeting, Forecasting and Reporting
This program has been designed to provide the participants with a broad view and understanding of financial budgeting for enterprises. A discussion of financial statements is a must when considering the creation or analysis of financial budgets. Also, an understanding of how costs behave and how they can be derived and allocated to the various aspects of the business units is also an important part of preparing budgets.
We will be discussing various budgeting methods that have been used and are still in use today in various enterprises. We will also be discussing the methods we can use to assess whether a budget is appropriate and should be approved, and in some cases, whether a project should be undertaken at all.
And finally, no discussion about budgets can be complete without assessing how well a company or sub-unit has actually performed in relation to their budget, and understanding why there are any differences, which there will usually always be.

Cost: 5670 USD

Duration: 5 Days

Masterclas in Financial Control - LEORON Professional Development Institute , Saudi Arabia, UAE, Dubai, Abu Dhabi, Riyadh, Jeddah, Muscat,Dubai,Muscat,Azerbaijan,Georgia,Kazakhstan,Oman,United Arab Emirates

Wed, 26 Feb 2020 18:09:11 +04

The MFC program is the "controlling" module of the masters series in administering business organizations. It focuses on the tools to management in directing and controlling the activities of a business to determine whether targets are being met within acceptable risk parameters.
This is a "nuts and bolts" course which begins with an examination of (short-term) working capital management covering how to right size and monitor working capital and tackling credit controls. We review the process of "managing the numbers", that is, the more traditional approach using the analysis of financial results and the use of ratios as a control tool.
The program then pushes into more pro-active managerial tools reflecting cutting edge organizations that are results orientated: standard costing, relevant costing and cost behavior are examined with a view to achieving the most effective budgetary planning and variance analysis processes. Activity-based costing and Beyond Budgeting are compelling examples of the more pragmatic and practical approach to planning and controlling.
A key part of the course is the focus on how successful companies focus on EVA (economic value added) and how to use EVA to practically assess the value that a business is creating of their business and how they design and implement appropriate KPI (key performance indicators) and OKR systems (objectives and key results). The course incorporates how to consider and implement more recent trends in the applications of using blockchain as an effective control tool.
The program concludes with an interactive case study and discussion of sound internal controls and the COSO framework. All of the above are key areas that a controller must be familiar with in order to effectively perform the controlling function, thereby safeguarding company assets and the bottom line from uncontrolled risks.
Read more

Cost: 5670 USD

Duration: 5 Days

Cost Accounting and Management - LEORON Professional Development Institute , Dubai

Wed, 26 Feb 2020 17:52:21 +04

Managing costs is an important aspect of managing a company's profitability and efficiency.

During this course, we will review the various methods available to assign costs to products and services, as well as the more qualitative aspects of costing, namely quality costs and environmental costing.

We will also review how the control of costs can help management to make more efficient short-term business decisions and how we can analyse the efficiency of costing methods. At the end of the course, there will be an exam and upon successful achievement of the pass mark, a certificate will be issued and the successful participants will also receive NASBA CPE credits.

Cost: 1890 USD

Duration: 5 Days

Association of Chartered Certified Accountants (ACCA) - Delphi Star Training Centre , Dubai,Abu Dhabi,Riyadh,Jeddah,Muscat,Manama,Kuwait City

Thu, 20 Sep 2018 22:10:13 +04

The ACCA qualification helps to develop successful careers in the fields of Accounting, Banking, Management and Consulting and is a major advantage in competing for senior roles.
What will I learn?

ACCA Fundamental Level-
Knowledge Module:

F-1: Accountant in Business
F-2: Management Accounting
F-3: Financial Accounting

Skills Module:
F-4: Corporate and Business Law
F-5: Performance Management
F-6: Taxation
F-7: Financial Reporting
F-8: Audit and Assurance
F-9: Financial Management

Professional Module Essentials
SBL Strategic Business Leader
SBR Strategic Business Reporting

Options (Two to be completed)
P-4: Advanced Financial Management
P-5: Advanced Performance Management
P-6: Advanced Taxation
P-7: Advanced Audit and Assurance

Benefits of ACCA

Obtaining the ACCA demonstrates both a commitment to growth and immense technical skill which leads to more opportunities on an international level and the possibility of higher salary.
There is also the possibility to work nearly anywhere in the world as the ACCA is recognized in over 170 countries and thus it can prove to be a career booster.

Increased Career Prospects:

The ACCA can be completed even while working ensuring that the candidate can gain practical experience and income while studying for the ACCA qualification and increasing the time efficiency of the process.
The candidate not only gains incredible skills in finance and accounting but is familiarized with many aspects of business organizations in general.
The Qualification is based on international accounting and auditing standards.
It improves the perceived skill of the candidate in the eyes of the clients and the employers increasing the probability of both promotions and success' on the professional level.
Flexible study is something that is not just possible but recommended. One can choose to study each and every paper in a different way, at different times and still complete the qualification in a reasonable time frame while continuing their work thus fulfilling the experience aspect of the qualification.

Cost: 1800 AED

Discount: 20% Off for Laimoon Users!

Duration: 36 To 40 Hours

Budgeting & Costing Workshop - Convertas , Dubai,Kuala Lumpur, Istanbul, London,Malaysia,Turkey,United Arab Emirates,United Kingdom

Mon, 14 May 2018 12:50:09 +04

Day One
· Project management methods
· Budgeting Overview
· The budgeting process
· How and whom to engage
· Budgetary statements
· Budgeting Methods
· Top-down & bottom-up budgeting
· Zero-based versus activity based budgeting

Day Two
· Types of Budgets
· Departmental budgets
· Cash budgets
· Capital and operating budgets
· Master budgets

Day Three
· Types of Costs
· Fixed & variable costs
· Controllable & uncontrollable costs
· Budgeting and Forecasting
· Creating forecast for revenue and expenditure
· Rolling forecast as a catalyst for change

Cost: 3195 USD

Duration: 3 Days

Advanced Budgeting Workshop - Convertas , Dubai

Tue, 30 May 2017 18:31:52 +04

Objective

Acquire best practices in budgeting
Understand the strategic role of cost concepts
Explain the costs concepts to the use of cost information for management control
Describe the role of budgets in the management process
Discuss the importance of strategy and its role in the master budget
Prepare a master budget and explain the inter-relationships among its supporting schedule
Understand zero-base, activity-based, and kaizen approaches to budgeting
Explain the essence of control systems
Develop flexible budgets for evaluating short-term financial performance
Identify different cost control measures
Measure and evaluate performance

Outline

Project management methods
Budgeting Overview
The budgeting process
How and whom to engage
Budgetary statements
Budgeting Methods
Top-down & bottom-up budgeting
Zero-based versus activity based budgeting
Types of Budgets
Departmental budgets
Cash budgets
Capital and operating budgets
Master budgets
Types of Costs
Fixed & variable costs
Controllable & uncontrollable costs
Budgeting and Forecasting
Creating forecast for revenue and expenditure
Rolling forecast as a catalyst for change
Variance reporting template
Reporting template
Financial and non-financial key performance indicators (KPIs)
Annual Budget and Forecasting Cycle
Budget and forecasting timetable
The different types of reports and their use
Risk Management
Risk management in corporate governance
Finance' role in supporting risk management
Cost Control and how to reduce costs
Cost management and motivation
Embedding cost control in the business

Cost: 3995 USD

Duration: 5 Days

Certified Budget Analyst - LEORON Professional Development Institute , Dubai, Accra, Baku, London, Almaty, Riyadh,Riyadh,Saudi Arabia,Khobar

Thu, 09 Feb 2017 17:50:37 +04

In our rapidly developing markets, the need for companies to react promptly to the changing environment is crucial. Historical accounting records are essential but are not enough for managers to make informed strategic operational and financial decisions. Management's pre-defined goals should be filtered down into budgets, forecasts and plans of action. Most of the mid-sized companies and almost the entire large corporates engage in some forms of budgeting, planning and forecasting.
However, many are characterized by being not dynamic or interactive which may negatively impact the decisions
made by top management. Making the right decision in such an atmosphere is easier when there is a clear view on what the future will bring. The future, however, may be predicted only from the moment when a good understanding of the past has been achieved; fast-changing business conditions call for agile planning, budgeting and forecasting.
This 5-days intensive event is targeting those responsible for the preparation of budgets, plans and forecasts and those
who are using them as well. The course will start with some exceptionally important advanced Excel tips that will be utilized during the course. All of these tips coming together will orchestrate professional models that are dynamic and interactive.
Very advanced tools like Monte Carlo simulation using Crystal Ball in Excel and PowerPivot (that is introduced recently in Excel) will be an inherent part of the program. When it comes to planning for the future in any organization, the biggest problem is how to account for uncertainty. Strictly (in financial terms), uncertainty is where there is more than one possible outcome to a course of action; the form of each possible outcome is known, but the probability of getting any one outcome is not known. It is a challenge to quantify uncertainty because it is on not an observable variable rather one that is deduced from others. However given a complete range of possible outcomes, one can make decisions that reduce this uncertainty. Monte Carlo simulation gives the power to solve a problem by directly simulating the underlying process and then calculating the possible results of the process with varying degrees of probability.
You will learn how to develop Power Pivots that can handle data of up to 200 million rows of data on a standard desktop or laptop computers knowing that normal pivot tables in Excel usually choke after about 30,000 rows of data or so. In addition, there are numerous other features in PowerPivot that will enrich the analysis of your data. For example, a powerpivot can read data from different ranges which is something a normal pivot table cannot accomplish. A professional case study will examine the interactions within a powerpivot example that will be a guide of something that can be implemented upon the completion of the course.
The course is very hands on and practical in nature. That is what the trainer has been renowned for in different countries around the world. Please bring your laptop with Excel 2010 or higher. Powerpivots don't work on Excel 2007.

Cost: 5670 USD

Duration: 5 Days