Budget Preparation Techniques | Blue Ocean Academy
Latifa Tower, Dubai
United Arab Emirates

Budget Preparation Techniques

01 – 05 Jun 14
Dubai, UAE
Planning, budgeting and control are major activities of management in all organizations. Budgets are central to the process of planning and control in order to allocate resources in an effective and efficient manner to achieve goals and objectives.

Budget Preparation Skills is a comprehensive program that focuses on the essential skills required to understand the processes of costing and budgeting within organizations. The program is designed to address all the relevant issues concerning cost analysis, budget preparation and performance measurement.

The objective of this program will be to help participants to –
This workshop provides a foundation for budget preparation including considerations to the budgetary process. Participants will be taught the basics of how to prepare budgets, forecasting techniques and calculate variances. Participants will experience and learn to:
  • Understand organizational and functional objectives
  • Plan budgets to achieve strategic objectives
  • Consideration of PESTEL factors
  • Forecasting techniques
  • Variances analysis
Benefits of the program for the organization:
  • A manpower equipped with new skills and knowledge to deliver desired output, helping the organization to achieve its goals and objectives efficiently and effectively through optimum utilization of resources in a much organized way.
  • Target Audience:

    Operational and managerial staff who need to analyze functional strategies, objectives and operational plans in order to prepare a budget for a business function and ensure adherence to financial controls.