Budgeting, Planning and Management Reporting

Budgeting is always at the heart of business management, but companies still face forecasting and financial difficulties as a result of either poor planning, a lack of business awareness, or errors in the budget compilation. Inadequate management reports make the compilation of budget inputs and the use of budget details more difficult. This course provides a holistic approach to the organization’s budgeting, forecasting, and management reporting and discusses the following: The process of planning and how to improve on these processes; The preparation of budgets, individuals involved in the preparation and why; How to recognize possible issues and recommend steps that can be taken; Strategies to enhance financial performance using successful management reporting.

Course Objectives:

At the end of this course, the participant will be able to:

• Recommend innovative planning and control strategies in the budgeting process
• Integrate the budgeting process with the advancement of the strategic vision of the organization
• Create an integrated preparation, budgeting, and reporting process
• Apply management systems to the process of budgeting that directly relates to strategic objectives
• Identify KPIs for efficient and oriented decision making

Who should attend?

• Professionals who have the responsibility of preparing budgets and managing reports
• Business owners who need an in-depth understanding of comprehensive planning and budgeting strategies along with financial managers and cost analysts
• Those with the responsibility of direct planning and budgeting, as well as financial advisors, accountants, and business consultants

Delivery Method:

This course combines theory and practice. Therefore, besides in-class lectures, discussions, and exercises, we use company examples to illustrate how the techniques presented have been applied in real case studies. The purpose is to use a mix of proven learning techniques to ensure maximum understanding, comprehension, and retention of the information presented.

Venue: Dubai

Fee: $5,000.00

Duration: 1 Week

Course Date: February 20th – 24th, 2023