Effective Budgeting & Cost Control
This extensive training course is tailored to offer attendees practical skills and useful approaches for controlling and budgeting processes entailed in making decisions related to improving financial performance. This programme will allow participants to consider circumstances and assess risks, alternatives, and best cost analysis. Also, it contributes to linking the assessment of impending initiatives and plans with achieving strategic objectives. The course will teach students the skills of implementing cost volume profit (CVP) analysis, discounted cash flow (DCF), present value, and internal rate of return (IRR) to improve the decision-making process for budgeting and investment. The training course will also explore other topics, such as using cost control tools, identifying the primary elements of corrective actions, and analysing a wide array of variance.