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 Course

By: Tom Associates  

Lagos State, Nigeria

10 - 13 Apr, 2018  4 days

Follow Event

  

NGN 150,000

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 Apr 10 - 13 Apr, 2018

Registration: 08:30:am - 09:00:am

Class Session: 09:00:am - 04:00:am

NGN 150,000.00
(Convert Currency)

Mr Abiodun Toki 08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Delivering Results through Teams Delivering Results through Teams

3 days, 25 - 27 Jul, 2018 

2018-07-25 12:07:00
Lagos State, Nigeria

Tom Associates

This training course Delivering Results through Teams will discuss the following: How to develop a team that delivers results through: Harnessing quality staff and aligning the employees efficiently ...

Business Acumen Master Class: Transformative Learning of How the Business Makes Money Business Acumen Master Class: Transformative Learning of How the Business Makes Money

3 days, 25 - 27 Jul, 2018 

2018-07-25 12:07:00
Lagos State, Nigeria

Tom Associates

Business Acumen is all about seeing the big picture and recognizing that all decisions no matter how small can have an effect on the bottom line. Therefore the focus of this course is to prepare ...

Successful Business Pitch Course Successful Business Pitch Course

2 day, 05 - 06 Jul, 2018 

2018-07-05 12:07:00
Lagos State, Nigeria

Tom Associates

What is the significance of a business pitch? Entrepreneur sets out to seek financing - this is an idea about how to pitch an investor The Business seeks to raise additional working capital - the ...

Building and Sustaining a Successful Enterprise Course Building and Sustaining a Successful Enterprise Course

4 days, 26 - 29 Jun, 2018 

2018-06-26 12:06:00
Lagos State, Nigeria

Tom Associates

This Building and Sustaining a Successful Enterprise training  course will discuss: Set right strategy Beat powerful competitors Get funding for new growth initiatives Be relentlessly ...