Budgeting and Cost Control Training

Training Budgeting and Cost Control

Introduction

In making financial business decisions, the decision maker needs to understand the fundamentals of budgeting and costing. This programme has been devised to give business decision makers a good understanding on budgets, cost controls, variances and associated analysis that will lead to better decisions being made.

The course will clarify budgeting terms; clearly explain the methodology used and cover traditional budgeting methods through to newer methods and approaches.

Programme Objectives

Having completed the programme the participants should be able to;

  • Understand the budgeting process
  • Understand budgeting and costing terminology
  • Be in a position to devise their own budget and control system
  • Be aware of non budget tools such as Balance Scorecards

Method and Approach

This programme will be interactive and practical giving participants a mixture of learning through discussion, group and individual exercises, and case studies.  The programme will be supported with a workbook.

Who should attend?

All personnel involved in preparation of budgets or supervising others who provide and enter information.  Anyone else who wants to understand budgets and costing within their business.

Program Outline

Strategic and Financial Planning

  • What comes before the financial numbers
  • Differences between Financial and Management accounting
  • Changing Competitive Environment
  • How strategy links to budgeting and costing
  • The need for the strategic plan
  • Mission, Vision, Goals
  • Using Porter’s 5 Forces, SWOT and PESTLE
  • Aligning budgeting to the Organization’s strategy
  • Case studies and exercises

Factors Affecting Budgeting and Cost Control

  • The Product Lifecycle
  • Focus on customer satisfaction
  • The Value Chain
  • World Class Manufacturing
  • Just In Time (JIT)
  • Quality Management Systems
  • Theory of Constraints
  • Backflush Accounting
  • Throughput Accounting
  • Target Costing
  • Case studies

 

Costing: From traditional to Activity-Based

  • Different types of costs
  • Cost centres
  • Full costing
  • Absorption costing
  • Marginal costing
  • Standard costing
  • Break even analysis
  • Activity-based approaches
  • Direct product profitability
  • Case studies and exercises

 

Budgets and Variance Analysis

  • What is budgeting?
  • Planning, co-ordination and communication
  • Types of Budget: Short, long, fixed, rolling, incremental, zero based (ZBB), Kaizen
  • The Master Budget
  • Operating Budget
  • Financial Budget
  • Cash Budget
  • The Human side of budgeting
  • Sensitivity Analysis
  • Case studies and exercises

 

Capital Budgeting and Investment Appraisal

  • The time value of money
  • Investment Appraisal Techniques:
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Payback Period
  • Exercises and case studies

Beyond Pure Financial Budgeting

Balance Scorecard

  • Six Sigma
  • Budgets and issues of motivation

 

 

Investasi dan Fasilitas Training

  • Harga : (dilampirkan dalam Brosur penawaran)
  • Fasilitas : Certificate, Training kits, USB 8 GB, Lunch, Coffe Break, Souvenir, City Tour
  • Untuk peserta luar kota disediakan transportasi antar-jemput dari Bandara/Stasiun ke Hotel (berlaku bagi perusahaan yang mengirimkan minimal 2 peserta)
  • Quota minimum Running 2 peserta ( jogja ), 3 Peserta ( Solo, Semarang) Quota minimum Running 3 peserta (Jakarta , Bandung dan Surabaya ) –  ( Untuk Manado, Bali , Batam, Pontianak, Balikpapan dan Lombok Quota minimal 4 peserta)

 

Permintaan Brosur penawaran Training ( Waktu dan Tempat) silahkan Menghubungi kami via :

Mobile : 0823 2326 5005 – 0857 2459 5005

Email : trainingcenterindo@gmail.com / info@jadwaltraining.co.id

Blog : https://informasitrainingdanseminar.wordpress.com

Web: www.informasitraining-indonesia.com

Web www.jadwaltraining.co.id

Jadwal training 2015 | Jadwal training 2016 | Jadwal training 2017 | Jadwal training 2018 | Jadwal training 2019 | Jadwal training 2020

Lokasi Training Pilihan : di Yogyakarta, Jakarta, Bandung, Bogor, Surabaya, Malang, Bali, Lombok, Balikpapan, Makassar, Medan, Batam, Riau, Pontianak, Semarang, Solo, Manado. (dengan harga dan minimal kuota yang berbeda)

Jadwal training 2015 (Bisa request tanggal selain yang tertera)

15-17 Oktober 2015 / 20-22 Oktober 2015 / 27-29 Oktober 2015 / 08-10 November 2015 / 07-09 Desember 2015

Jadwal Training 2016  (Bisa request tanggal selain yang tertera)

19-21 Januari 2016 / 09-11 Februari 2016 / 15-17 Maret 2016 / 05-07 April 2016 / 10-12 Mei 2016 / 07-09 Juni 2016 / 12-14 Juli 2016 / 09-11 Agustus 2016 / 06-08 September 2016 / 11-13 Oktober 2016 / 15-17 November 2016 / 13-15 Desember 2016

Jadwal Training 2017  (Bisa request tanggal selain yang tertera)

17-19 Januari 2017 / 07-09 Februari 2016 / 21-23 Maret 2017 / 11-13 April 2017 / 09-11 Mei 2017 / 06-08 Juni 2017 / 04-06 Juli 2017 / 01-03 Agustus 2017 / 05-07 September 2017 / 17-19 Oktober 2017 / 06-08 November 2017 / 05-07 Desember 2017

Jadwal Training 2018  (Bisa request tanggal selain yang tertera)

23-25 Januari 2018 / 20-22 Februari 2018 / 13-15 Maret 2018 / 10-12 April 2018 / 08-10 Mei 2018 / 05-07 Juni 2018 / 03-05 Juli 2018 / 07-09 Agustus 2018 / 04-06 September 2018 / 02-04 Oktober 2018 / 06-08 November 2018 / 04-06 Desember 2018

Jadwal Training 2019  (Bisa request tanggal selain yang tertera)

22-24 Januari 2019 / 19-21 Februari 2019 / 05-07 Maret 2019 / 09-11 April 2019 / 07-09 Mei 2019 / 04-06 Juni 2019 / 09-11 Juli 2019 / 06-08 Agustus 2019 / 10-12 September 2019 / 08-10 Oktober 2019 / 05-07 November 2019 / 03-05 Desember 2019

Jadwal Training 2020  (Bisa request tanggal selain yang tertera)

28-30 Januari 2020 / 25-27 Februari 2020 / 17-19 Maret 2020 / 14-16 April 2020 / 05-07 Mei 2020 / 09-11 Juni 2020 / 07-09 Juli 2020 / 04-06 Agustus 2020 / 08-10 September 2020 / 06-08 Oktober 2020 / 10-12 November 2020 / 01-03 Desember 2020