Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Budgeting and Budgetary Control

By: Tom Associates Training  

Lagos State, Nigeria

05 - 08 Dec, 2017  4 days

Follow Event

  

NGN 136,500

The programme is designed to equip Managers and Heads of departments entrusted with departmental or organizational budgets with knowledge and skills necessary to enable them effectively manage and monitor the budgets implementation on a day to day basis. This course also equips managers with skills to put in place corrective budgetary actions. Managers who go through this course are better positioned to deliver on their budgets - they own their budgets, explain variances when they occur and take corrective remedial actions in good time.

Course Contents

Day One

  • What is a budget?
  • Why Budget?
  • The main characteristics of budgeting
  • Types of budget
  • Outline of the budgetary process
  • Budget preparation with a typical practical illustration of a budget
  • Implementing the budget - key success factors
  • Benchmarking for performance management
  • Advantages of budgets to a business organization

Day Two

  • What is budgetary control?
  • Its significance
  • What are the steps for installing an effective system of budgetary control?
  • Management action and cost control
  • Organization for budgeting
  • Importance of budgetary control in project management
  • Applicability of budget and budgetary control:
  • Measuring performance
  • Analyzing budget variances
  • Actions to take after analysis

Day Three

  • Alternative budgeting methods
  • Budget organization and administration
  • Within the context of budgetary control: explain specific roles of planning, motivation and evaluation
  • How those roles may conflict with each other
  • Ways by which the management may resolve the conflict
  • Stages in the budgetary process
  • Relevance of strategic planning and forecasting

Day Four

  • Creating master budget forecasts using Advanced Excel technique
  • Mastering Excel formulas and techniques for building budget
  • Excel formulas for budget model Custom formatting numbers
  • Formula Debugging and auditing techniques
  • Data validation
  • Consolidating and linking Excel Workbooks
  • Grouping and Outlines.                                                                      
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos.\r\nRegistration: 8.30 - 9.00 a.m. \r\nClass Session: 9.00 - 4.00 p.m. Dec 05 - 08 Dec, 2017
NGN 136,500.00(Including VAT)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Advanced Mechanical Drives System Maintenance Course Advanced Mechanical Drives System Maintenance Course

4 days, 23 - 26 Oct, 2018 

2018-10-23 12:10:00
Lagos State, Nigeria

Tom Associates Training

The cost of running plant/machinery would continue to increase and may possibly ecome unbearable unless those in charge of maintenance are well informed and are able to apply the skills needed to ...

Succeding in Outlet Sales and Management Course Succeding in Outlet Sales and Management Course

2 day, 29 - 30 Nov, 2018 

2018-11-29 12:11:00
Lagos State, Nigeria

Tom Associates Training

This Succeeding in Outlet Sales and Management Course consists of the following Content: Day One: Filling Orders Handling from wholesalers and distributors Monitoring distributors stocks ...

The Leadership Domain Course: New Global Trends The Leadership Domain Course: New Global Trends

4 days, 13 - 16 Nov, 2018 

2018-11-13 12:11:00
Lagos State, Nigeria

Tom Associates Training

Just as we experience the environment, so must the skills needed for leadership have to be changing. More complex and adaptive thinking abilities are needed and leadership skills must be developing ...

Protocol, Public Relations and Event Management Protocol, Public Relations and Event Management

5 days, 26 - 30 Nov, 2018 

2018-11-26 12:11:00
Lagos State, Nigeria

Tom Associates Training

The objectives of this Course Protocol, Public Relations and Event Management inckudes: Arrange and provide protocol services including logistics requirements. Organise travel preparations and ...