Budgeting, Forecasting and the Planning Process

مخططات الدورة

الاهداف

Outcomes:
* Enhance strategic thinking skills and actively engage in aligning the organization's strategic management with its budgeting processes.

* Utilize appropriate forecasting techniques tailored to their organization's strategic planning and budgeting needs.

* Apply fundamental financial management principles, including shareholder wealth maximization, cash flow management, time value of money, and risk assessment.

* Understand cost behavior and identify the most effective costing methods for financial planning, budgeting, and budgetary control.

* Employ best practices to develop operating budgets, capital expenditure budgets, and cash flow budgets and forecasts that align with organizational strategic objectives.

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