An Intensive 3-day Training Course
The Budgeting Framework
Planning, Costing and Forecasting

Course Introduction
Setting budgets is all about how to plan for the expected and for the unexpected. Successful budget setting is very much linked to the longer-term planning and strategic direction of the organisation.
This online training course on The Budgeting Framework clarifies these links, and the jargon and methodology of planning, budgeting, costing and performance measurement and the role of management accounting, in plain language that is easy to understand. It covers in detail how the tools and techniques of successful budgeting is applied within the overall planning framework to ensure that organisational goals are met.
The Instructors own business career experiences and many other real-world business scenarios are shared throughout this stimulating online training course to illustrate and reinforce the practical application of the tools and techniques and best practice.
Objectives
By the end of this Oxford Management Centre online training course you will be able to:
- Appreciate the importance of financial planning and budgeting with regard to the primary business objective of shareholder wealth maximisation
- Identify the links between strategic planning, budget setting, and performance measurement
- Evaluate the differences between full costing, marginal costing, and activity based costing (ABC)
- Use alternative approaches to costing for planning, budgeting and budgetary control
- Consider the reasons and purposes of budgeting, and alternative approaches to budgeting for more effective control and improved financial performance.
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?
The Budgeting Framework 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 One to Day Three
- Linking strategic management and decision-making with financial planning and budgeting
- The importance of vision and mission
- Setting corporate objectives with accountability for creating value and maximisation of shareholder wealth, and maintaining good corporate governance
- Financial modelling of long-term strategic plans to determine financing requirements, optimise capital structure and gearing and minimise WACC
- Cost behavior and the impact of alternative costing systems on profitability, budgeting and financial reporting
- Product cost cross-subsidisation
- Activity based costing (ABC) and activity based management (ABM)
- Refining the costing systems and measurement systems to support financial decision-making
- Statisical methods of short- and long-term forecasting
- Time series models of weighted average and exponential smoothing, and causal methods of regression analysis.
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

In association with
FREQUENTLY ASKED QUESTIONS
To check on availability please call Registrar’s Office at +971 50 985 0174. If you have any questions or enquiries please feel free to contact us
- Telephone: +971 50 985 0174
- E-mail: [email protected]
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:
- Telephone: +971 50 985 0174
- E-mail: [email protected]
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, [email protected]
Note: Discounts are not applicable with any other special offer that may be available.
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 [email protected]
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 [email protected] 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.