Course Detail(BF153 : Budgeting: Going Beyond a Routine Exercise (Live Webinar))

BF153 : Budgeting: Going Beyond a Routine Exercise (Live Webinar)

14.00 CPE Hours (Others)
Classroom

Please be informed that in view of the current COVID-19 situation, ISCA will change the format of Jun - Aug 2020 sessions into Live Webinar. A detailed set of instructions on the Live Webinar will also be sent to you closer to date.

Programme Objective
Creating an effective budget can be a daunting task. It is more than just a number crunching exercise. In today’s dynamic business environment, budgeting process is more robust than just putting numbers together. Other than determining how much to spend on various expenses, you must be able to defend your budget. You need to get the buy in from various stakeholders, making sure those goals are aligned to the organisation’s strategic priorities.

A meaningful budget can be a good performance measurement tool. Having a strategic goal in mind can help businesses to make effective decisions and coordinate the decisions and actions of the various departments within the organisation.  Hence, budget is not only about numbers, more importantly it involves the people responsible for the numbers.
 

Programme Outline

This course is designed to provide participants with the techniques and confidence to present, manage and control their budgets effectively. This course will include practical hands on session on how to build an effective budget (using Microsoft Excel)  illustrated through various case studies. Boardroom survival techniques during budget review will also be covered.

1.
Understand the role, importance, challenges and limitations of budget;
2.
Managing and controlling the different types of business costs; 
3.
Look out for hidden costs that can adds up and erode your profit margins. 
4.
Adopt appropriate budgeting techniques for better cost control;
5.
Manage your cash flow and be innovative; 
6. 
Identify and address the constraints faced by your company;
7. 
Microsoft Excel tips and tricks for effective preparation of budget numbers for review;

             CAPEX Selection – Different lives and costs.
             DCF Calculations
             Prepare budget numbers for review and analysis
             Managing budget updates, version selection and control
             Variance analysis and control
             Board room survival techniques

8.     Analyse and challenge the numbers and assumptions presented;
9.     Monitor performance and perform variance analysis;
10.   Some common problems and shortcomings in budgeting.


 
Training Methodology

  • Lecture
  • Group Discussion
  • Hands On Exercise

 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

A foundational to intermediate level programme, suitable for finance professional whose job involves budget responsibilities. Those who want to gain knowledge and understanding of budgeting are welcome to attend.

Competency Mapping

Others = 14.00 Hours

Schedule & Fees

Date & Time

07 Sep 2020 (9:00 AM - 5:00 PM)
08 Sep 2020 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Jasmine Ng

Date & Time

11 May 2020 (9:00 AM - 5:00 PM)
12 May 2020 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Jasmine Ng

Date & Time

04 Sep 2019 (9:00 AM - 5:00 PM)
05 Sep 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Jasmine Ng

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Jasmine Ng
CA (Singapore), FCCA, ACTA, DACE


Jasmine Ng is a Fellow member of the Association of Chartered Certified Accountants (ACCA) and a member of the Institute of Singapore Chartered Accountants (ISCA). She has over 18 years of extensive experience in the area of audit, accounting, financial analysis, business controlling, enterprise system implementation and training. She travelled extensively during the course of her work and gain exposure to different culture and work style.

She utilizes her creativity and real-world examples in conducting her training. Jasmine is passionately fond of training and always willing to share with others all that she knows. Her outgoing, pleasant personality and confident disposition have made her training all the more lively, fun and insightful.
 

Please be informed that in view of the current COVID-19 situation, ISCA will change the format of Jun - Aug 2020 sessions into Live Webinar. A detailed set of instructions on the Live Webinar will also be sent to you closer to date.

Programme Objective
Creating an effective budget can be a daunting task. It is more than just a number crunching exercise. In today’s dynamic business environment, budgeting process is more robust than just putting numbers together. Other than determining how much to spend on various expenses, you must be able to defend your budget. You need to get the buy in from various stakeholders, making sure those goals are aligned to the organisation’s strategic priorities.

A meaningful budget can be a good performance measurement tool. Having a strategic goal in mind can help businesses to make effective decisions and coordinate the decisions and actions of the various departments within the organisation.  Hence, budget is not only about numbers, more importantly it involves the people responsible for the numbers.
 

Programme Outline

This course is designed to provide participants with the techniques and confidence to present, manage and control their budgets effectively. This course will include practical hands on session on how to build an effective budget (using Microsoft Excel)  illustrated through various case studies. Boardroom survival techniques during budget review will also be covered.

1.
Understand the role, importance, challenges and limitations of budget;
2.
Managing and controlling the different types of business costs; 
3.
Look out for hidden costs that can adds up and erode your profit margins. 
4.
Adopt appropriate budgeting techniques for better cost control;
5.
Manage your cash flow and be innovative; 
6. 
Identify and address the constraints faced by your company;
7. 
Microsoft Excel tips and tricks for effective preparation of budget numbers for review;

             CAPEX Selection – Different lives and costs.
             DCF Calculations
             Prepare budget numbers for review and analysis
             Managing budget updates, version selection and control
             Variance analysis and control
             Board room survival techniques

8.     Analyse and challenge the numbers and assumptions presented;
9.     Monitor performance and perform variance analysis;
10.   Some common problems and shortcomings in budgeting.


 
Training Methodology

  • Lecture
  • Group Discussion
  • Hands On Exercise

 
Closing Date for Registration
1 week before programme or until full enrolment
 

Intended For

A foundational to intermediate level programme, suitable for finance professional whose job involves budget responsibilities. Those who want to gain knowledge and understanding of budgeting are welcome to attend.

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

Jasmine Ng
CA (Singapore), FCCA, ACTA, DACE


Jasmine Ng is a Fellow member of the Association of Chartered Certified Accountants (ACCA) and a member of the Institute of Singapore Chartered Accountants (ISCA). She has over 18 years of extensive experience in the area of audit, accounting, financial analysis, business controlling, enterprise system implementation and training. She travelled extensively during the course of her work and gain exposure to different culture and work style.

She utilizes her creativity and real-world examples in conducting her training. Jasmine is passionately fond of training and always willing to share with others all that she knows. Her outgoing, pleasant personality and confident disposition have made her training all the more lively, fun and insightful.
 


Upcoming Schedule

Registration is closed

Date & Time

07 Sep 2020 (9:00 AM - 5:00 PM)
08 Sep 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 749.00
For Non-Members: $ 898.80

Programme Facilitator(s)

Jasmine Ng

Venue

Online Classroom in or outside of
Singapore