The Essentials of Budgeting & Cost Control

The Essentials of Budgeting & Cost Control Training

This course will feature:

The links among Strategic planning, Budgeting and Cost Control
The key features of Budgeting
A deep understanding of Cost terms and concepts
Traditional and innovative approaches to Budgeting and Cost Control
An understanding of the impact of non-financial KPIs on Strategic planning, Budgeting &Cost Control

What are the Goals?

Build an integrated planning, budgeting and reporting process
Understand the role of budgets within organisations
Understand costs behavior and manage costs more effectively
Master traditional and innovative approaches to Budgeting and Cost Control
Select the performance measurement systems and the KPIs that work

Who is this Course for?

This course is suitable to a wide range of professionals but will greatly benefit those with direct or indirect budget responsibilities within a team, a department or a division. Moreover, the course is suitable to first appointment professionals on fast-track development programs, and to professionals from every business discipline and department who have to run budgetary plans, and who are responsible for cost and strategic analysis.

Financial Planning & Control Staff
Those with direct or indirect financial responsibilities
Those from every business discipline and department who have to run departments and budgetary plans, and who are responsible for cost and strategic analysis
Those from all sectors of industry, irrespective of functional responsibilities, but particularly those involved in manufacturing, production, engineering or sales
Those working in a project management environment

The Course Content

The Role of Budgeting & Cost Control

The complexity of managing contemporary organisations
Strategic planning, budgeting and management control systems
The key elements of budgeting: objectives, initiatives and resources
Understanding the context for budgeting & the role of the controller
What are the advantages and the disadvantages of budgeting
What is it the situation in your organisation? How to improve it?

Budgeting and Cost Control

What are the essential inputs of the budgeting process?
What is zero-based budgeting?
Costing for budgeting: key terms and concepts
Variable vs. Fixed costs
The important role of contribution margin
Cases, problems and examples

Costing: From Traditional to Activity-Based

Complementing traditional costing with activity-based costing
Direct vs. indirect cost
Cost allocation: traditional costing and activity-based costing (ABC)
From traditional budgeting to Activity-based budgeting (ABB)
The importance of costs analysis
Cases, problems and exercises

Capital Budgeting

Capitalised vs. Period costs
Capital budgeting
Payback period
Net-present value
Internal rate of return
What is it the situation in your organisation?

Beyond the Budgets:Linking Financial and Non-Financial KPIs

What are the limits of budgeting and financial reporting?
What are the drivers of the business model?
What are the trades-off in place?
Beyond budgeting: integrating financial and non-financial issues
The balanced scorecard and KPIs
Case, problems and examples

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Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :

Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
Harga dilampirkan di Brosur Penawaran

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Tambahan Informasi :

1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.

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3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!

4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.

5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.

The Essentials of Budgeting & Cost Control