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Forecasting, Budgeting And Budgetary Control by selfemployed(m): 10:03am On Mar 10, 2017 |
Businesses need to plan for the future. In large businesses such planning is very formal while, for smaller businesses, it will be less formal. Planning for the future falls into three time scales: 1. long term : from about three years up to, sometimes, as far as twenty years ahead: 2. Short term: one to three years ahead: 3. Short term: for the next year Budgeting is used by businesses as a method of financial planning for the future. Budgets are prepared for main areas of the business – purchases, sales (revenue), production, labour, trade receivables, trade payables, cash – and provide detailed plans of the business for the next three, six or twelve months. Our Forcasting, Budgeting and Budgetary Control Course is a 3-Day training. For Whom: Anyone responsible for developing or implementing your organization’s Budgets. Professionals who need to understand Business Forcasting, Budgeting and Budgetary Control Marketers who want to fast-track their career or improve their position in the market-place Small business owners who need to maximize and grow their business Students who want to upskill in Accounting Pre-requisite Candidates are expected to have basic competency in computer literacy. Participants should come to the venue with their Laptops. Duration 18th, 25th March, and 1st April 2017 Time: 2 - 6 p.m Course Details: DAY1 - COSTING METHODS: ..Job costing ..Contract costing ..Batch Costing ..Service costing ..Process costing DAY2: - FORECASTING: ..Time Series Analysis ..Correlation Analysis ..Degree of Correlation ..Measurements of Correlation ..Methods of Analysis (Graphical, Least Square Method) ..Moving Average ..Additive Model ..Multiplicative Model DAY3 - BUDGETING: ..Purpose of Budgeting ..Types of Budgeting ..Budget Planning and Process ..Stages in Budgeting ..Cash Budgeting ..Master Budgeting ..Capital Budgeting and Appraisal Price: ₦50,000 How to pay: Account Name: Earth Vision Concept Bank Name: GTBank Account Number: 0004080720 Course fee: ₦50,000 DISCOUNT: 2 to 4 participants 5% discount, 5 or more participants 10% discount. Call: 08032345072 Visit: www.visionconsulting.com.ng |
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