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Registeration for: Decision Making By Using Budget & Cost Control
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Decision Making By Using Budget & Cost Control
Category: FINANCE AND BUDGET COURSES
COURSE FEE: N140,000

ABOUT THE COURSE

Decision-making is a messy process using available data that may contain ambiguities and errors. It is important to know how costs behave so that realistic budgets and plans can be produced and appropriate financial resources made available. This seminar will challenge you to:

  • To identify the key ingredients in producing a successful financial business case
  • To give you the budgeting/financial skills required for better decision-making, whether for your continuing business or project or a new business venture
  • Identify sources of financial and business data that provide insights into business and financial strategies when converted to budgets
  • Use and build EXCEL spreadsheets for financial analysis: from the basics through complex models with Monte Carlo simulation

 

COURSE OBJECTIVES

On completion of the course, the following have been acquired:

  •     To identify the key ingredients in producing a successful financial business case
  •     To give you the budgeting/financial skills required for better decision-making, whether for your continuing business or project or a new business venture
  •     To explain typical costing and budgeting terminology used in business
  •     How to construct profit, cash and balance sheet plans/budgets.
  •     Evaluate variances from plan and identify corrective actions
  •     Understand discounted cash flow (DCF) techniques and their application to financial decision-making including risky scenarios
  •     Identify sources of financial and business data that provide insights into business and financial strategies when converted to budgets
  •     Use and build EXCEL spreadsheets for financial analysis: from the basics through complex models with Monte Carlo simulation
  •     Enhance personal networks of similarly minded high potential managers 

BENEFITS

  •     Understand different types of costing and their relevance to decision making
  •     Understand the different types of budget – cash, operational and capital
  •     Master techniques for cost benefit analysis 

 

DATES:

01 Oct - 05 Oct, 2018,
05 Nov - 09 Nov, 2018,
03 Dec - 07 Dec, 2018,
10 Dec - 14 Dec, 2018

IMPORTANT NOTE:

FOR MORE DETAILS WITH RESPECT TO COURSE CONTENT E.T.C, PLEASE SEND YOUR REQUEST TO training@coinmac.org or call +2348023262908,+2348038437312
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