Effective Budgeting and Cost Control

Course Overview

The financial planning process is an integrated process with multiple stages. The financial plans result in preparation of detailed budgets to ensure optimal utilization of the resources available to the organization. During the various financial planning stages, financial managers issue multiple types of financial reports that guide decision-makers to take appropriate action based on these reports.

Course Objectives

By the end of this course participant will be able to:

  • Understand the concept of budgets, their classifications and their importance.
  • Gain the ability to develop and evaluate budget plans as part of the planning process.
  • Analysis of internal and external financial control mechanisms and preparation of budget reports.
  • Enable participants to prepare financial statements for their organizations and to familiarize themselves with the concept of financial operation.
  • Gain the ability to apply financial accounting principles, identify key concepts and prepare financial reports.
  • Address the internal administrative authorities and external control bodies using financial accounting data.
  • Analysis of financial statements of all types for the issuance of final financial report.
Location
:
Dubai
Date
:
10 November 
Language
:
English / Arabic

Certificates and Associations

  • KHDA - Accreditation of the Knowledge Authority - Dubai: All of our courses are accredited by the Knowledge and Human Development Authority in the United Arab Emirates
  • Bristol Academy: All our courses are accredited by Bristol Academy - Kuala Lumpur
  • LMGO: All of our courses are accredited by the Institute of Leadership and Management - Switzerland
  • Global Innovation Institute - GInI: The center is accredited to offer all specialized innovation courses from Global Innovation Institute in America

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