Budgeting, Planning & Management Reporting

by Golden Masters for Training & Consultancy

Managerial functions do not end with objective-setting and sound planning, crucial though all this is in steering the organization towards its ultimate goals, as well as tackling competition and interacting effectively with an ever changing

AED 17000

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img Duration

5 days

Course Details

Day 1: Strategic Planning

- Corporate objectives and strategies

- Sources of competitive advantage

 Targeting for corporate success
 
- Aspects of the business environment

- Developing strategic plans

Day 2: Corporate Plans and Operating Budgets

- Link between strategic and financial plans

- Master and subsidiary budgets

- Fixed and flexible budgets 

-  Activity-based budgeting

- Five salient features of sound budgets

- Exercises and a case study

Day 3: Budgeting and Performance

- Budget-based performance standards

- Structuring the financial system: assigning responsibilities

- Budgeting in large, medium, and small enterprises 

- Monitoring and corrective action

- Rolling budgets

- Exercises and a case study

Day 4: Capital and Cash Budgets

- Significance and nature of capital budgets

- Traditional techniques of capital budgeting: ARR and payback

- Discounted cash flow: NPV and IRR methods

- Methods of cash budgeting

- Exercises

Day 5: The Corporate Financial Planning System

- Designing a total financial planning system

- Forecasts, communications, and the planning process

- Performance standards, motivation, and monitoring

 Budget administration
 
- Learning & experience curves

- Case study

Masters Training Company was established in response to the growing need for quality training to support the business community within your Company, Department or Organization by providing a high standard of Training Programs, Courses, Seminars, Workshops and Consultancy Services to employees in a very competitive business environment. 

 
Following the latest trends and ideas in Technology and Management techniques, and with its in-depth knowledge of the business environment, Masters Training Company is able to meet the special requirements of both local and international business throughout the Middle East. Masters Training & Consulting is an independent multinational firm with more than 25 years of experience in helping regional organizations develop their human capital in all fields of management. 
 
Since 1990, we have been entrusted by our clients to provide the most reliable training and consulting products and services in the region. Our innovative and diversified range of training programs and consulting services are designed and delivered by an ever-growing team of full time multilingual consultants experienced in providing solutions relevant to this part of the world and applicable to today’s business challenges.
 
We pride ourselves on our track record in this regard and on our long-standing relationships with our clients, many of whom have been with us since we started business. 
 
 
Our public training programs have attracted more than 300,000 participants from almost 3,000 organizations many of whom also entrust us with their needs for bespoke in-company programs. Our client base is steadily growing and so is our commitment to remain the regional leaders in the fields of training and consulting.

Masters is also an approved vendor from KHDA & ILM

  • Sheikh Zayed Road Branch

    Kherbash Tower, Office # 1803 & 1804, Sheikh Zayed Road, Dubai

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