Financial Cost and Budgeting for Professional
September 21st, 2017
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Financial Cost and Budgeting

Executive Bootcamps

Financial Cost and Budgeting

Modern businesses are an epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques and procedures useful in managing business successfully. Of all these, budgeting is the most common and widely used standard device for planning and control. This course provides fundamental understanding of budgeting, budgeting process and includes a practical guide for preparing and mastering financial budgets

 

After completing this course you will be conversant with:

  • Overview of cost and budgeting
  • Different types of cost and budgets
  • Different approaches to cost and budgeting
  • The process of preparing budget and budgetary control

Target Audience

Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit.
Supervisory Agencies, Central Banks, Financial Institutions, Commercial Banks, Investment Banks, Housing Societies/Thrifts, Mutual Funds, Brokerage Houses, Stock Exchanges, Derivatives Exchanges, Insurance Companies, Multinational Corporations, Accountancy Firms, Consultancy Firms, Law Firms, Rating Agencies, Multi-lateral Financial Institutions.

Course Description

This course covers the entire process of Financial Cost and Budgeting.

Course Outline

Direct vs indirect cost

Fixed vs variable cost

Other cost classification

Responsibility centre & units

Breakeven Analysis and Theory

Framework for Budgeting

Budget Preparation

Behavioural Aspect of Budgetary Control

Traditional Budgetary systems

Functional Budget

Flexible Budget

Zero-Based Budget

Other Budgets

Budgetary issues

 

Form fill

Thank you for choosing Makintouch Consulting for IT education and training.
After you fill out the online registration form, you will be contacted by a representative to confirm the details and proceed further with the process.

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