OVERVIEW
Budgeting is the core activity of financial management used to make organisations effective and efficient in service delivery. Organisations deliberately strengthen their acts of budgeting, as part of their financial management, in order to enhance their effectiveness. This course has been designed to educate participants on how to prepare and use budgets in their organisations.
WHO TO ATTEND
Directors of Finance, Heads of Departments, Sections, and Units and Budget Officers of organisations.
OBJECTIVES
The objective of the course is to enable participants to:
- Enable participants to identify the techniques of preparing and using budgets.
- Encourage participants to apply the techniques in their organisations.
OUTLINE
- The Budget in an Organisation.
- Budgeting: In the Beginning.
- Budgeting: Final Stages.
- Budge Implementation.
- Application of Quantitative Techniques to Budgeting.
- Management Control Systems.
- Alternative Budgeting Approaches.
- Budget Process and Procedure.
- Budgeting: The Next Stage
- Capital Budgeting.
- Variance Analysis of Budgets.
- Information Technology and Budgeting.
- The Role of Internal Audit in Budget Management.
- Issues and Challenges in Budgeting and Budgetary Control.