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Budgeting & Cost Control

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Budgeting & Cost Control December  2019


EVENT NAME Budgeting & Cost Control
ORGANIZER BMC Training UK
DATE 22 - 26 Dec 2019 
TIME 09:00 AM-06:00 PM 
VENUE BMC Training Malaysia
LOCATION Kuala Lumpur, Malaysia
EMAIL
Support@bmc.net
CONTACT NO. 00971555555519 / 00971509447707
WEBSITE - Click Here -

Intorduction
All business decision-making involves analysing situations containing varying degrees of risk. This programme uncovers the essential skills required to understand the processes of budgeting and cost control for better decision-making. From understanding the importance of a well defined budget process through to the importance of how costs behave so that realistic cost cutting and budgeting plans can be produced.  In this programme you will learn how to:
 
Identify the principal factors required to produce a successful business case
Develop budgeting and financial skills required for better decision-making
Identify sources of financial and business data to support the budgeting process
Learn new techniques and methodologies to simulate typical business scenarios
 
Objectives
Understand the importance of a well-defined budget process
Learn costing and budgeting terminology used in business
Master techniques for cost-benefit analysis
Learn how to construct profit, cash and balance sheet plans and budgets
Learn how to evaluate variances from plan and identify corrective actions
Understand discounted cash flow (DCF) techniques and their application to financial decision making
Build and use budgets relevant to your organisation

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