This program provides the skills to build world-class standards into your planning, budgeting, performance measurement, and reporting system. This program will discuss new techniques, explain how they complement the traditional financial planning tools, and introduce new concepts for measuring and reporting performance and shareholder wealth creation. You will explore the issues relating to capital budgeting. Budgeting manufacturing as well as other expenses, identifying profit objectives, budgeting cash requirements, and forecasting are all covered in this seminar.
Build integrated planning, budgeting, and reporting process
Improve their budgeting/financial skills required for better decision-making
Understand costs behavior more accurately
Deliver more timely and useful information to decision-makers
Explain typical costing and budgeting terminology used in business
Improve their management abilities
Increase their understanding of forecasting and budgeting techniques
Understand the problems of overheads and how Activity-Based Analysis may aid decision-making and pricing strategies
Contribute to the implementation of change in the organization
Facilitate the elimination of non-value activities and the reduction of costs within your organization
Understand cost behavior and patterns
Ensure that processes of business planning, budgeting, and management reporting are robust in themselves and suitable for their organization
Financial Planners
Cost Analysts
Professional Advisers
Account Personnel
Business Consultants
Professionals who require a more in-depth understanding of integrated planning & budgeting techniques
Accountants responsible for budget preparation & management reporting
Organizational planning framework
The product / information / decision support cycle
Strategic, tactical, and operational forecasts
The strategic approach to business planning
Various strategic and tactical approaches to business planning
The international business environment
Developing the business plan
Identification of key value drivers
Achieving objectives
Zero base budgeting
Activity-based budgeting
Rolling budgets
Developing the Cash Budget
Problems of forecasting
Using historical data to help predict the future
Forecasting
Sales volume
Development of Time Series Models using histograms, moving averages, exponential smoothing, and regression analysis
Using Regression Analysis as a predictor and estimator
Mastering the use of Exponential Smoothing as a Data Analysis tool
Cost behavior and breakeven analysis
Activity-based costing
Budgeting for Processes rather than Departments
Defining Key Cost Drivers
Defining Key Activities
Developing the Activity-Based Budget
Identify the various types of capital projects
Discuss the capital project evaluation process
The impact time has on the value of money
Using WACC and ROIC as benchmarks
Determining the initial and subsequent capital project cash flows
Development of the "Hurdle Rate" for capital projects
Evaluate capital projects by applying NPV, IRR, ARR Payback models
Because supervisory levels are the link between the executive and senior management levels, achieving the organization's objectives, increasing productivity and overall performance of the organization, affects the effectiveness and efficiency of supervisors' performance.
And because of the skills of supervisors in any organization in need of continuous development, and to acquire advanced tools and methods that reflect on the deepening of these skills and activate their role in motivating individuals working, and push them to commit to the goals of the organization.
You need this conference to learn about supervisory skills and advanced methods, to be able to play an effective and supervisory role in your organization.
Managing an office has become an increasingly sophisticated and complex job. The increased demand for speed and accuracy, knowledge of new technology, and an increasingly diverse workforce bring challenges and also opportunities for growth. This dynamic and in-depth course explores some of the more advanced skills which can help an office manager to work more confidently, creatively, and effectively.
As a supervisor, the success of your organization rests in your hands. This course provides you with the opportunity to develop highly effective and essential supervisory skills that will strengthen teamwork and organizational success. Also, this course will help you manage everyday operations with greater ease. Furthermore, it will help you leverage both your managerial and people skills to meet your new challenges as the 21st-century supervisor.
This course is designed for participants to introduce to key issues and themes in international development.
Participants will explore and engage in academic debates and discussions around a set of key factors that shape, influence, and constrain the development and prosperity of nations.
The course will explore a number of key themes in international development, including how questions of gender and generation shape the impact of poverty; how processes of globalization, migration, and violent conflict impact development; and how development and the environment are linked.
It also considers what exactly we mean by poverty, and how different ways of understanding poverty feed into different approaches to tackling it.
It will also consider development institutions: what are the key institutions in the architecture of international development? How do they differ, and what are the challenges and opportunities they present? Through this module, participants will gain a solid background in the various factors which shape current approaches to and debates on international development.
By introducing participants to a range of problems in economic development, we will look to analyze how economic theory and models can explain the lack of development in some nations. We will apply such theory to real-world economies to understand the nature of the problems they face and how effective policies can be in tackling the problems.
A five-day course on the practical aspects of piping and pipeline design, integrity, maintenance, and repair. The participants will obtain an in-depth understanding of the ASME B31 code rules and API standards, their technical basis, and practical application to field conditions.
Corporate/Public governance and risk management are critical There is increasing attention being paid to corporate governance and risk management in business schools and among legislators.