Event Date/Time: Dec 08, 2009
End Date/Time: Dec 10, 2009
Nov 25, 2009
Early Registration Date:
Nov 01, 2009
Financial Planning is a continuous process that flows with strategic decision-making. The Operating Plan and the
Financial Plan will both support the Strategic Plan. The best place to start in preparing a budget is with sales since
this is a driving force behind much of our financial activity. However, we have to take into account numerous factors
before we can finalize our budgets.
As businesses began to turn their attention from implementing their 2009 plans to formulating new ones for 2010
especially when the global financial turbulence has prolonged the recovery mode for all businesses across the
Due to an increasingly competitive and volatile environment, many businesses recognise that it is common to
face the financial stumbling blocks at some point particularly when budget is the biggest constraint. Therefore it is
crucial that they make use of effective financial tools, techniques and approaches to deliver cost-effective solutions.
Of all these, an efficient and effective budgeting systems are the most common and widely used management tool
for planning and control.
However, many businesses suffer from poorly constructed budgeting and financial processes that stifle
achievement and result in frustration or discouragement. Some companies also acknowledge that their budgets
are too rigid, unresponsive, bureaucratic and add little value to their performance.
This highly interactive course is designed to teach you how to create a more meaningful budget, and how to use
this budget to more effectively make important business decisions. Throughout the programme, you will identify
effective methods for translating your organisationâ€™s strategic initiatives into measurable financial performance.
Now that you are in charge â€“ whatâ€™s next? Are you 100% clear about the strategic direction of your department /
organisation (and your target companies)? How and where is it going?