ADVANCED BUDGETING AND FINANCIAL CONTROL SKILLS SEMINAR

Course Aim : The main aim of this course is to equip the participants with professional skills vital for effective performance of budgeting and budgetary control duties. 

Course Content : 

• The purpose and concept of budgeting.
• The strategic plan and annual budget.
• How to construct a budget: Information gathering, setting standards, limiting factors.
• The role of Senior Management in co-ordinating functional budget
• Using the budget to manage: Variance reporting, budgets and cash flow forecast, zero-based and cost-plus budgeting.
• Capital and revenue expenditure.
• Costing techniques - fixed and variable costs, break-even, marginal and absorption costing.
• Investment decisions.
• People and budgets: The key to success: Effective communication.
• Total Quality Management and effective budgeting.
• Stress management.
• Action plans.

Target Group : Managers and officers with budget responsibilities.

Course Venue : ROSA MYSTICA CONFERENCE CENTRE OR SAVELBERG CONFERENCE CENTRE, Nairobi, Kenya.

Teaching Methods : Highly participative incorporating short lectures, discussions, case studies, practical exercises and video films.

Course Date: 10-14 March, 2025, 19-23 May, 2025 and 17-21 November, 2025 *

Course Fee : US$ 1500.00 **