Budget Preparation Skills

Prepare General Budget in All Departments

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Date Duration Venue Fees
19-23 Aug 2024 5 Days Dubai - UAE US$4,450 Register
18-22 Nov 2024 5 Days Dubai - UAE US$4,450 Register

Course Overview

This course will help you in making the process of preparing a budget easier and will help you to communicate smoothly with other departments to gather the needed data to be able to build a general budget that covers all the company departments and activities.

Collecting data and building the budget model is more than excel sheets, it is mainly an effective communication method used inside the organization to make sure all are involved in the process and engaged in the activities.

Course Objectives

To be able to prepare a very applicable budget, covering all the activities of an organization.

  • After the training course, you will learn to:
  • Learn about planning
  • Understand different types of budgets
  • Master collecting data
  • Design the collected data In a well presented way
  • Develop the general budget model
  • Present the budget with proper dashboard

Target Audience

All employees involved in setting the budget shall attend this course, especially responsible staff in supervising positions.

This course is suitable to a wide range of working professionals but will greatly benefit:

  • Budget employees
  • Accounting and finance teams
  • Head of departments
  • General Managers
  • Business owners
  • Entrepreneurs

Training Methodology

The training will be 2 parts, first is scientific about latest trends in budgeting methods and the second is practical about the organization itself and collecting the data from all its departments and how to combine this data in one excel sheet with :

Inputs —- Process—-Output data

Course Outline

Day One

Financial Planning

  • What is financial planning
  • Types of financial planning
  • Importance of Financial planning
  • Constraints of financial planning
  • Steps and phases of financial planning
  • Factors affecting financial planning
  • Reasons of failure in financial planning
Day Two


  • What is a budget
  • Budget as a tool
  • Main factors in preparing a budget
  • Budget as a monitoring tool for company planning
  • Successful budgets specifications
Day Three

Budget Rules

  • Role of budget in strategic planning
  • Preparation of a Budget
  • Budgets preparations methodologies
  • Role of budgets in short term goals
  • Budget as a monitoring tool. Budget Vs Actual
  • Budget as Cost control tool
  • Budget importance in communication and organization culture
Day Four

Budget Types

  • Down-up budgets
  • Top-bottom budgets
  • Zero based budgets
  • Rolling budgets
  • Activity based budget
  • Project Budget
  • Forecasting
Day Five

Practical Exercises

  • Department’s budget
  • Collect and present data
  • Group data in one model
  • Process data to get the needed output
  • Dashboard to present KPI’s
  • Input actuals data
  • Budget Vs. Actual analysis


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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