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In today’s ever changing business world, an organisation’s ability to accurately budget its costs and revenues through accurate forecasting techniques would undoubtedly prove to be immensely useful. Thus such accurate budgeting and forecasting of ‘numbers’ would very much facilitate the entire planning process of such an organisation. Accurate numbers would not only prove to be useful for the finance professionals but also for other functional areas as well, such as marketing, procurement and production / operations.
Thus, the programme will help the participants to appreciate the whole budgeting and forecasting process in a systematic manner.
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What is a budget and what is budgeting? |
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Understanding the process of budgeting and it’s impact on business operations |
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How to improve your budgeting process |
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Effective use of budgets and targets to motivate and control the performance of employees |
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Use of organisation-wide budgetary control for better corporate performance |
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Use of budgetary control, to achieve strategic objectives |
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What is forecasting and how is it useful for business management? |
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Accurate Sales Forecasting and effective sales and marketing strategy implementation |
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How to use Time Series Analysis for sales forecasting |
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Use of regression analysis as a forecasting technique |
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Other non-quantitative (qualitative) forecasting techniques |
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Achieving employee motivation through budgeting and forecasting |
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Mario Fonseka |
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FCMA, Dip M (UK), FSCMA, MBA (Merit)
Corporate Trainer & Management Consultant |
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For Whom |
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Mid level Financial and Accounting Managers,
and Senior Executives, Sales |
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Managers and Sales Executives, Demand Planning / Sales Forecasting staff,
Procurement Planning personnel, Production Planning personnel |
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Venue |
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Salon Orchid, Galadari Hotel, Colombo |
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Date & Time |
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15th September 2010 I 9.00 am to 5:00 pm
(Registration 8:30 am) |
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Investment |
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Rs. 7,750/- + 12% VAT (Registration No. 114347850-7000) |
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Cheques to be drawn in favour of ‘Rens Global Learning (Pvt) Ltd’ & crossed A/c payee |
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Tel - (+94) 11 5 749 000 |
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Fax - (+94) 11 5
323 999 |
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e-mail - workshop@rensj.com |
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web - www.rensj.com |
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