Preamble

The need for budgets as financial management and control tool is necessary in all organization.
Hence Officers must equip themselves with skills and knowledge in budgeting and budgetary
control.
Target Group

Managers/Officers who have direct or indirect financial responsibilities.
Learning Objectives

On completion, participants should be able to:

• Prepare and analyze the budget
• Integrate strategy, budgeting and cost control
• Manage different types of cost and their relevance to decision making
• Describe the budget process and its control systems

Content
The course will address the following areas:

• The Budget and its roles in an organisation

• Financial planning
• Budget analysis (e.g. Variance analysis etc.)
• Capital budgeting and cash flows forecasting
• Costing and cost control
• Budget process and procedure
• The role of auditing in budget Management
• Beyond Budgeting: Integration of financial and Non-financial issue
• Computer Application in Budgeting

Benefit of attending

Organizations will have staff that is equipped with skills to prepare budgets and use them as
tools for efficient financial management.