Training Course On Budgeting For Managers in Kenya
INTRODUCTION
This course focuses on the use of a budget as a tool for the success of a business. The course will cover the methods of assessing current budgets, costs, identification of organizational inputs and outputs, preparation for emergencies and meeting the financial objectives.
COURSE OBJECTIVES
Understand the principles, techniques, and practices of businesses
Understand the application of budgeting principles, techniques, and practices
Learn the evaluation of budget forms
DURATION
5 Days
WHO SHOULD ATTEND
This course will be beneficial to all management personnel and their assistance who are responsible for organizational budgeting.
COURSE OUTLINE
Introduction to budgeting
Organization’s budget, manager budget, budget forms, pre-budgeting activities and budgeting process
Challenges in the budgeting process
Contribution of budget plans in budgeting challenges
Budget planning elements
Budget plans evaluation
Organizational outputs
Output controls
Organizational inputs
Integration of inputs in business
Costs and costs drivers
Preparation for emergencies
Assumption in handling emergencies
Internal and external factors affecting an organization
Communication tools
Revenue forecasting
Principles of cost budgeting
Types of capital expenditures
Budget approval
GENERAL NOTES
This course is delivered by our seasoned trainers who have vast experience as expert professionals in the respective fields of practice. The course is taught through a mix of practical activities, theory, group works and case studies.
Training manuals and additional reference materials are provided to the participants.
Upon successful completion of this course, participants will be issued with a certificate.
We can also do this as tailor-made course to meet organization-wide needs. Contact us to find out more: training@data-afriqueconsultancy.org
The training will be conducted at DATA-AFRIQUE TRAINING CENTRE, Nairobi Kenya.
The training fee covers tuition fees, training materials, lunch and training venue. Accommodation and airport transfer are arranged for our participants upon request.
