|  BUSINESS CHALLENGE
Budgeting is a key management skill that is needed at all levels of management and across a wide variety of organisations.
 TARGET AUDIENCE
This programme is designed for any manager responsible for setting and managing a budget.
 LEARNING OUTCOMES
On successful completion of this programme, it is expected you will understand:
- Purposes of a budget and the budget process
- Types of budgets based on profit centres, cost centres and net cost centres
- How all the budgets combine into the master budget
- How to prepare a cost centre budget
- Incremental vs Zero-based budgets
- Preparing and presenting a budget proposal for approval
- Accounting issues related to the budgets: accrual accounting, capital expenditures or operating expenditure and depreciation
- Monitoring performance using budgets
- Flexible budgeting and budget ploys
- Cash budgets and their importance
- Long-term planning and the role of budgets
- Capital expenditure evaluation techniques
- Being able to prepare, present, negotiate and monitor a budget
 PROGRAMME STRUCTURE
Since numbers are limited, each individual is given personal help and attention. The small group environment stimulates interest and promotes accelerated learning via feedback and involvement.
 IN-COMPANY OPTION
NZIM will partner with you to deliver a customised programme for your organisation. NZIM partner with some of New Zealand’s leading organisations, to deliver high quality learning programmes, designed to meet specific organisational needs.
 FURTHER DEVELOPMENT
- Understanding a Profit & Loss
- How to Read an Annual Report
 Click here for a printable copy of this page
|
