An Interactive 2-Day Training Course

Controlling Budgets

Operating, Capital, & Cash Budgets, Performance Measurement & Improvement

NASBA

Course Introduction

Controlling budgets is all about how to react and respond appropriately when the unexpected happens.

This online training course on Controlling Budgets deals comprehensively with the questions you have always wanted to ask about budget setting, and budgetary control, in plain language that is easy to understand. It covers how the tools and techniques of successful operating and capital budgeting, and budgetary control are applied in practice.

This Oxford Management Centre online training course also considers the broadening of performance measurement systems, using the balanced scorecard to link with strategic objectives, and integrating continuous improvement into the budget process. The Instructors own business career experiences and many other real-world business scenarios are shared throughout this stimulating online course to illustrate and reinforce the practical application of the tools and techniques and best practice

Objectives

By the end of this Controlling Budgets online training course you will be able to:

  • Set an operating budget, cash budget, capital budget, and prepare a master budget
  • Evaluate the use of activity-based budgeting (ABB) to improve performance measurement and management reporting
  • Apply the vital technique of discounted cash flow (DCF) for capital investment appraisal and budgeting
  • Develop budgetary control systems, and variance analysis using flexed budgets
  • Integrate continuous business performance improvement into the budget process and link budgets and KPIs with strategic objectives using the balanced scorecard.

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

Who Should Attend?

This Oxford Management Centre online training course is suitable for a wide range of professionals but will greatly benefit:

  • Business professionals working in operations, manufacturing, R&D, engineering, quality management, procurement and logistics, human resources, and project management roles
  • Accountants, controllers, finance directors, and other finance professionals active in the planning process
  • Those working in general management, sales and marketing, estimating and costing, facilities management, and asset management

Course Outline

Day 1 to Day 2
  • Departmental budgets, labour costs and depreciation
  • Master profit and balance sheet budget preparation and the cash flow budget
  • Activity-based budgeting (ABB)
  • Capital budgeting
  • Capital project investment appraisal using accounting rate of return (ARR) and payback, and the DCF methods of net present value (NPV), internal rate of return (IRR), and modified internal rate of return (MIRR)
  • Capital rationing using the profitability index (PI)
  • Fixed budgets and flexed budgets using standard costing
  • Budgetary control using variance analysis
  • Continuous improvement and the budget process
  • Linking strategic objectives to key performance indicators (KPIs) using the balanced scorecard

Certificate

On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates

Accreditation

NASBA

In association with

GLOMACS Training & Consultancy
GLOMACS Training & Consultancy
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Controlling Budgets
Duration
2 Days
Format
Language
English
Certificate
Yes

We regret to inform you that there are currently no scheduled sessions for this course, so please let us know your preferred date and location and we will contact you soon.

Related Category

Related Courses

FREQUENTLY ASKED QUESTIONS

Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:

Yes, Oxford Management Centre is accredited by the following professional bodies;

National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.

Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com

Note: Discounts are not applicable with any other special offer that may be available.

All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.

Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.

There are 2 easy ways to register:

  • Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
  • E-mail: Send your details to info@oxford-management.com

We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.

For more information request, email info@oxford-management.com or call +971 50 985 0174.

The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.

While, online training fees cover the course presentation and digital documentation and relevant materials.

The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.

Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.

Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.

Upon receipt of your registration form, we will send you the following by e-mail:

  • Registration Confirmation
  • Invoice/Receipt (where appropriate)

If you register online you will receive an e-mail within 24 hours confirming your registration.

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