The Budgeting Framework

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.

By the end of this 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

This Gulf Rowad 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