Control through Budgeting

Course Outline

Overview

This training workshop demonstrates how budgets are used to control and monitor the performance of an organization.

Agenda

• Corporate plans
• Budgets and forecasts
• Types of budgets
• Behavioural aspects of budgeting

Target Audience

This training workshop is suitable for:

• Staff responsible for budget preparation and reporting.
• Managers who are budget holders or have budget responsibility.
• Staff with planning responsibility who need a deeper understanding of costs and budgets.

Learning Outcomes

Upon completion of this training workshop, you will understand:

• How to relate budgets and forecasts to corporate plans.
• The types of budget and their application.
• Why a budgeting system needs to create and promote positive behaviour among the people in an organization.