Budget management

Effective Budget Planning and Management

P35

Training:

Effective Budget Planning and Management.
Objective: To equip participants with the skills to effectively plan financial resources, prepare budgets, and manage costs.
Target Audience: Those who want to develop spending discipline and use financial resources efficiently.
Recommended Tools and Methods: Digital budget planning tools, simulations, case analyses.


What Does the Training Include?

1. Budget Planning and Preparation: Techniques for effective budget preparation; budget planning tools and technologies.
2. Budget Management and Monitoring: Methods for managing and auditing budgets; techniques to evaluate budget performance; the ability to analyse and correct deviations.
3. Financial Reporting: Methods for reporting budget outcomes, preparing financial statements, and analysis.
4. Financial Analysis: Profit and loss analysis techniques; cash flow management skills; investment evaluation strategies.
5. Financial Risk Analysis: The ability to identify potential financial risks and prepare for possible impacts; flexible budgeting techniques.
6. Strategic Budget Management: The ability to plan and manage finances in line with the organisation`s vision and mission.