Budgeting Skills for Professionals

Truly, this budgeting skill is one of the most important business skills that every organisation’s leaders at all levels must start acquiring. Having this skill will enable them to perform well in any of their works and assignments, and will definitely be reflected in their organisation’s bottom line.

However, not all managers and supervisors are equipped with budgeting skills. Therefore, most managers are struggling to understand and design a firm corporate budgeting plan.

This course will equip participants with essential elements in budgeting, starting from understanding the definition of budgeting and corporate budgeting, and packed with budgeting practices that enable participants understand budgeting methods, analysis, and terms. By the end of the course, the participants are expected to be able to understand a good budgeting plan and advanced participants will be able to formulate the budgeting plan for their organisations.

• Understanding the definition of budgeting and corporate budgeting
• Understanding the terms and jargons commonly used in budgeting areas, such as forecasting, budget cycle, budget methods and analysis, ratios, liquidity, leverage, etc.
• Designing the tools to monitor budget performance, delivering the projected financial statements
• Understanding the process and practices of Additional Fund Needed, Capital budgeting, Payback Period, etc.

Any Professionals, Supervisors, Unit Leaders & Managers who are responsible in developing their unit or corporate budget.