This intensive workshop will help you understand the elements of budgeting and forecasting. It covers the budget formulation process, developing tools for budgeting, and how to benefit from these tools. In addition, it will discuss how to control the budget through financial targets and cost control. It is designed for managers and department leaders that prepare budgets and monthly forecasts. Budgeting is an organizations process of defining its plan and direction in financial terms. It helps to allocate resources, set goals, and determine the actions required to achieve the goals. This workshop will also include how to prepare accurate forecasts and their relationship to the budget and strategic planning. What you will learn The necessity and characteristics of successful planning Learn how to present ideas in financial terms for greater…
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