Acquire the knowledge of budgeting, forecasting, and controlling to set your company up for success. Budgeting is the process of creating a plan for spending a company’s money. This spending plan is called a budget. By creating this spending plan, you can determine in advance whether your business has enough money to do what it needs to do. Budgeting is simply balancing your expenses with your income. If you can’t balance it and spend more than you earn, your company will have problems and more debt each year. When your company doesn’t have enough money to do everything it wants to do, the planning process can be used to prioritise spending and focus money on what matters most.
The participants will learn how to perform predictions in this 5-day Budgeting, Forecasting & Controlling training course. It is a technique that uses historical data as input to make informed estimates and predict the direction of future trends. Organisations use forecasts to determine how to allocate budgets and plan expected expenses for the next period. It is usually based on forecast demand for the goods and services offered. Therefore, managing budgeting and forecasting is also covered in this programme.
This training course intends to train you about the knowledge and skills to develop the most efficient budget and forecast for your business’s money and how to control it.
After the training course, the participant will learn to:
This training course is for the finance population and is designed to widen and extend your knowledge of the key financial dimensions of Budgeting, Forecasting & Controlling.
It is suitable for a wide range of working professionals, including (but not limited to) the following:
This training course builds on instruction on the latest developments in Budgeting, Forecasting & Controlling. It includes real-life case studies, video adaptations, self-assessments, participatory discussions, and a wide range of information to make the course an exciting and enriching learning experience, combined with many exercises.
Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.
Vivacoder Education LLC is a Knowledge & Human Development Authority (KHDA) approved training provider in Dubai with a License Permit number 629738.