BUDGETARY MANAGEMENT AND EXPENDITURE CONTROL

COURSE OBJECTIVES

• Appreciation of the value of budgeting
• Ability to draw up budgets
• Use budgets as tools of control of expenditure and costs
• Prepare accountability reports related to budgets
• Acquire new techniques, steps and processes required for developing sound realistic plans and budgets
• Appraise investment opportunities for better decision making
• Better understanding and interpretation of budget reports
• Appreciation of the human/behavioral aspects of budgeting

FOCAL POINT

• Nature, scope and objectives of planning and budgeting
• Budget statics and preparation of the budget estimates Budget control techniques
• Relationship between financial planning and financial management
• Monitoring of expenditure trends
• Allocation of funds to various cost centers
• Managing and controlling working capital
• Preparation of expenditure schedules for a department
• Expenditure management, control systems and mechanisms
• Accrual budgeting framework
• Budgets as a tool for cost control
• Reporting and corrective action
• Electronic accounting
• Current trends/challenges in planning and budgeting

WHO WILL BENEFIT

• Financial Officers/Managers
• Internal Auditors/Financial Controllers
• Accountants
• And other professionals who make financial decisions, in both private.

DATES, VENUES AND PROGRAMME FEES