Budgeting Planning & Management Reporting

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  • Fees : 2600 $
  • Date 06 Oct 2019
  • Location Abu Dhabi, English

Budgeting Planning & Management Reporting


This very successful course has been delivered in many Gulf organizations. In each case the feedback from the attendees has been very positive.

The trainer’s style of entertaining the class with quizzes keeps the students alert and interested so they can also enjoy the learning experience.

The course is a general introductory and intermediate program for those who want to gain a better understanding of budgeting and make it work to best effect within the company.


Seminar Objectives:

Ø  Understand that budgeting is an essential business tool

Ø  Learn how to create and manage a budget for Operating expenses

Ø  Learn how to create and manage a budget for Capital Expenditure

Ø  Understand the meaning of financial terms such as Assets, Liabilities etc

Ø  Learn to produce Budgeted Income Statements, Balance Sheets and Cash Flow Statements

Ø  Understand and calculate depreciation, break even and other important topics

Ø  Introduce Capital budgeting for projects and PV, FV of cash

Training Methodology

The class is divided into a number of teams to allow the trainer to use a discussion, quiz, exercise style. Each topic is discussed, then a team quiz takes place and each team wins points for correct answers. Then an exercise on the topic is conducted to ensure the information has been properly understood. Videos are also used to explain some concepts.

Who Should Attend?

Employees from all functions responsible for cost, analysis, Departmental control and planning

Employees who need to widen their skills to include financial planning

Newly appointed managers who will be playing a wider role in the organization to include business planning and management

Workshops and Quiz:

A quiz and workshop takes place after each topic


Daily Schedule

Day 1 – Introduction

Ø  Budget requirements for public and private limited companies

Ø  Understanding budgeting and financial jargon

Ø  The role of Finance department in managing the budget process

Ø  Introduction to financial statements

Ø  How modern ERP systems support budget and financial management across the organisation

Day 2 – Budgeted Income Statements, Balance Sheets and Cash Flow Statements

Ø  Budgeted Income Statements: Understanding and Building an Income Statement

Ø  Budgeted Balance Sheets: Understanding and Building a Balance Sheet

Ø  Budgeted Cash Flow Statements: Understanding and Building a Cashflow Statement

Day 3 – Types of budget, monitoring and control

Ø  The Capital Expenditure Budget and use of depreciation

Ø  Using Present and Future cash flows to evaluate investment opportunities

Ø  Operating Budget, categories of expenditure, routine, non routine etc

Ø  Use of Budget Input Sheets to collect data

Ø  Budget monitoring and cost control, allocations reporting and variance analysis

Ø  Phasing, commissioning and basis for shareholders cash forecast

Day 4 – Budgeting Workshop

Ø  The class is presented with a business plan for a start up company and produces an initial sales budget. From this, departmental budgets are calculated. Finally a complete budgeted income statement, cash flow statement and balance sheet are produced.

Day 5 – Finance and practical tools:

Ø  Raising finance for major projects

Ø  Break even point

Ø  Using Excel to create and manage a budget

Ø  Using Excel Functions Solver, Scenario Manager etc

Ø  Putting it all together

Ø  Workshop

Wrap up: Next Steps, what actions will each delegate take when he returns to his organization, let’s make a plan.

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