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Budgeting and Cost ControlBy: EuroMaTech Training and Management ConsultancySaudi Arabia 22 - 26 Sep, 2024 5 days
USD 5,950 |
Venue: Riyadh
All business decision making involves analysing situations and assessing alternatives, risks and benefits. This Budgeting & Cost Control training course offers an opportunity to acquire and then deploy new skills and ideas to achieve improved financial operations and strategies. The knowledge acquired will enhance the budget process and control processes through a variety of strategies and techniques that will provide new insights to how financial performance can be enhanced.
In this programme you will participate in many aspects of modern thinking:
- Budgets and Models as a key element of management and financial strategy
- The analysis of opportunities, risks and rewards in the context of Capital Projects
- Controlling costs by analysis, modelling, KPI’s and review of the cost drivers
- Develop a broader view in the context of the enterprise’s objectives and constraints
TRAINING OBJECTIVES
- Understand the importance of a well-defined budget processand create budgets relevant to your organisation
- Acquire costing and budgeting terminology and techniques
- Master methods for risk, payback and cost-benefit analysis
- Learn how to integrate profit, cash and balance sheet plans and budgets
- Using ‘what-if’ and Stochastic Models to evaluate probable outcomes and ranges of variances and identify key drivers for corrective actions
- Understand the use of Present Value, IRR and discounted cash flow (DCF) to support investment and financial decision making
| Riyadh | Sep 22 - 26 Sep, 2024 |
| USD 5,950.00 | |
Hisham Kokash 0501966003
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