Budgeting and Forecasting

In this seminar, you will explore the basic essentials of budgeting including a generic step-by-step process. At the same time, you will also be enabled to explore newer developments that focus on the modern budgetary tools that have emerged during the last decade or so.


Why do you need
Budgeting & Forecasting

and how does it help your business

 Budgeting

A budget includes revenues and expenses of the organization. Creating and reviewing a master budget for the business will provide a comprehensible breakdown of the company’s finances.

Forecasting

It is a major role to forecast future revenues for the organization as it creates a budget for everything. Using the business past revenues and proper research will be the guidance to predict the future financial outcome.

 PREPAREDNESS

Always be prepared to have sufficient funds to cover all of the upcoming operations expenses

DECISIONS

Carefully select a desirable period when to launch a new product to the consumers

 IDENTIFICATION

Identify opportunities to reduce expenses in the company which will eventually increase revenues

PREDICTION

Envision the current state of the market and economy

FORESEE

Be able to ascertain a break-even point for all expenses as this will avoid spending more than earning

CALCULATION

Calculate the amount of return of investments (ROIs) so that it will be able to cover any losses in the future


Target Audience

  • New finance professionals and non-finance managers who need to develop a practical understanding of relevant budgeting and forecasting techniques.
  • Professionals seeking to align budgeting more effectively with closely related financial disciplines.
  • Any individual who is, or soon will be, actively involved in budgeting and who want to understand how to make this management tool work to best effect in their organization.

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TAKE THIS COURSE30 SEATS LEFTCOURSE STARTS IN 1 month
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  • 30 SEATS
  • Course Badge
  • Starts In1 month
  • Take as Classroom Class
  • 8 CPD Units
  • In-House Seminar
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