Planning, Costing and Budgeting for Executive Decision-making

HRODC Postgraduate Training Institute
Em Dubai, Uae (United Arab Emirates), Astana, Kazahkstan (Kazakhstan), Brussels, Belgium (Bélgica) e 5 sedes mais

£5.000 - (R$21.891)

Informação importante

  • Curso
  • Em 8edes
  • Duração:
    5 Days
  • Quando:
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With this classroom-based course you will be able to learn about planning, costing and budgeting for those who have to make big decisions. This Planning, Costing and Budgeting for Executive Decision-Making course will teach you the basics of this three fields related to executive decisions.

Informação importante
Esta formação é para mim?

This course is designed for: managers with direct financial responsibilities; executives who need to evaluate plans for approval and variance reports for corrective action; managers who need to improve their skills in constructing and controlling their budget; supervisors from every discipline and department who have to manage departments and plan, cost, and budget during their business careers; cost and management accountant; financial planners and cost analysts; senior managers who supervise people with financial responsibilities; financial and budget controllers who are moving to wider responsibilities; managers who need to know more about business planning, budgeting, costing terms and techniques; managers who have to plan, cost and budget new business ventures; managers and supervisors from every business discipline and department who have to run departments and plan, cost and budget during their business lives; first appointment managers on fast-track development programmes; managers who require a refresher programme on the topic or who would benefit from having an opportunity to consider new ideas and methods; anyone from non-financial disciplines who needs to evaluate proposed business expenditure decisions; new members of the management team who need to know more about the budgeting process.

Requisitos: Degree or Work Experience


Instalações e datas

Início Localização
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Astana, Kazahkstan
Arka Street, 010 000, Kazahstan, Kazakhstan
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Brussels, Belgium
Rue du Fosse-Aux-Loups, 1000, Belgium, Bélgica
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Cairo, Egypt
Champolion Street, 12421, Egypt, Egypt
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Dubai, Uae
Al Muraqqabat Street, Diera, 82999, Dubai, United Arab Emirates
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Durban, South Africa
Walnut Road, 40001, Johannesburg, South Africa
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Kuala Lumpur, Malaysia
Jalan Ampang Hilir, 68, Malaysia, Malaysia
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O que se aprende nesse curso?

Decision Making
Financial Planning
Financial Accounting
Accounting MBA
Business Account
Management Accounting
Financial Training
Costing Approaches
Budgeting Controls
Planning Strategies


Course Contents, Concepts and Issues:

The Need for Financial Control in Business

  • Understanding accounting and accounting process
  • Management account versus financial accounting and financial management
  • Cost behaviours in Cost-Volume-Profit scenarios
  • Breakeven technique and targeted net income scenarios
  • Business cases with master budgets
  • Benefit-cost analysis

Capital Costs and Investment Appraisal

  • Understanding the concept of time value of money
  • Estimating cash flows within the business system
  • Understanding Pay Back period, Accounting Return of Return, Net Present Value (NPV) and Internal Rate of Return (IRR)
  • Defining the approval criteria and review process
  • Post-implementation audits of capital projects
  • Sensitivity analysis and uncertainty
  • Monte Carlo simulation techniques in budgeting

Cost Volume Profit Analysis

  • Identifying relevant and irrelevant costs in complex decisions
  • Complex applications of C-V-P analysis
  • Multiple products and services C-V-P
  • Evaluating C-V-P before and after implementation
  • Special sales orders and/or segment analysis
  • Make or buy decisions

Full Costing, Marginal Costing and Activity Based Costing

  • Understanding full and marginal costing, a comparison
  • Understanding cost bahaviour, Direct and indirect costs in budgeting for decision making
  • Role of costs in pricing strategies
  • Overhead analysis and overhead allocation methods and difficulties
  • Performance evaluation and variance analysis of materials, labour, & overhead in manufacturing and services
  • Understanding advanced costing techniques such as Activity Based Costing (ABC) in manufacturing and services

Budget Construction and Control

  • Budgeting as part of planning process and as a communication process
  • Nature and purpose of budgets for planning and control
  • Budgetary control and variance analysis
  • Responsibility centres: cost, profit and investment
  • Segment reporting internally and externally
  • An introduction to Activity based budgeting
  • An introduction to Zero based budgeting

Informação adicional

£4,000.00  Per Delegate for UK Deliver
£5,000.00 Per Delegate for Delivery outside the UK