Preparing Budgets For The Organization

Budget preparation and its successful implementation are crucial to the survival of any organization. Budgeting compels the organization to constantly think about its proposed expenditure and expected revenue. It can also be used as an appraisal tool to compare actual performance against budgeted targets. This course will equip participants with all the necessary tools to prepare, implement and review budgets

Learning contents:

  • Meaning of budgets
  • Types of budgets
  • Cash budgets
  • Raw material budgets
  • Departmental budgets
  • Personnel budgets
  • Sales and expenditure budgets
  • Capital expenditure budgets
  • Annual budgets
  • Stages in budget preparation
  • The budget committee
  • Roles of senior management and department heads
  • Advantages of budgeting
  • Budget review and variance analysis
  • Practical case studies

For whom:    Directors, Chief financial officers, Heads of departments, Accountants.

Fee:                  One hundred thousand naira only

Duration:      One day