Nigerian Seminars and Trainings

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

business logo

Budgeting, Forecasting and Budgetary Control Course

By: Tom Associates Training  

Lagos State, Nigeria

03 - 06 Dec, 2019  4 days

Follow Event   

  

NGN 150,000

Venue: 5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos

The programme is designed to equip Managers and Heads of departments entrusted with departmental or organisational 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 organisations

Day Two

  • Alternative budgeting methods
  • Budget organisation and administration
  • 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 Three

  • 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 & auditing techniques
  • Data validation
  • Consolidating and linking Excel Workbooks
  • Grouping and Outlines.                                                                      

Day Four

  • What is budgetary control?
  • The steps for installing an effective system of budgetary control
  • Management action and cost control
  • Importance of budgetary control in project management
  • Measuring performance
  • Analysing budget variances
  • Actions to take after analysis.
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos Dec 03 - 06 Dec, 2019

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

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

NGN 150,000.00(Vat Inclusive)
(Convert Currency)

Mr Abiodun Toki 08033019120

NST PPC Advert
Related Courses
Contract Management Course Contract Management Course

4 days, 03 - 06 Dec, 2019 

2019-12-03 12:12:00
Lagos State, Nigeria

Tom Associates Training

Organisations need effective contract management practices to avoid risk and achieve optimal outcomes. This course provides the knowledge and skills to successfully manage and execute the contracting ...

Intermediate Skills for Effective Office Administration Course Intermediate Skills for Effective Office Administration Course

5 days, 18 - 22 Nov, 2019 

2019-11-18 12:11:00
Lagos State, Nigeria

Tom Associates Training

An effective administrator is an asset to any organization as the link between various departments who ensures the smooth flow of information from one part to the other. Thus without ...

Root Cause Analysis Training:Diagnosing Underlying Causes of Problems  and Undesired Events Root Cause Analysis Training:Diagnosing Underlying Causes of Problems and Undesired Events

2 day, 22 - 23 Oct, 2019 

2019-10-22 12:10:00
Lagos State, Nigeria

Tom Associates Training

Delegates will become very competent in seven major things: Understand and implement the “Root Cause Analysis methodology" Practically employ the basic techniques associated with Root ...

Stores Keeping and Inventory Management Course Stores Keeping and Inventory Management Course

3 days, 02 - 04 Dec, 2019 

2019-12-02 12:12:00
Lagos State, Nigeria

Tom Associates Training

Efficient warehouse operations do the following: Understand the strategic importance of stores keeping and inventory management for company profitability. Provide timely customer service to ...