Budgeting & Forecasting Techniques
 

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.

What is a budget and what is budgeting?
Understanding the process of budgeting and it’s impact on business operations
How to improve your budgeting process
Effective use of budgets and targets to motivate and control the performance of employees
Use of organisation-wide budgetary control for better corporate performance
Use of budgetary control, to achieve strategic objectives
What is forecasting and how is it useful for business management?
Accurate Sales Forecasting and effective sales and marketing strategy implementation
How to use Time Series Analysis for sales forecasting
Use of regression analysis as a forecasting technique
Other non-quantitative (qualitative) forecasting techniques
Achieving employee motivation through budgeting and forecasting
Mario Fonseka
  FCMA, Dip M (UK), FSCMA, MBA (Merit)
Corporate Trainer & Management Consultant
  For Whom
-
Mid level Financial and Accounting Managers, and Senior Executives, Sales
      Managers and Sales Executives, Demand Planning / Sales Forecasting staff,
Procurement Planning personnel, Production Planning personnel
  Venue
-
Salon Orchid, Galadari Hotel, Colombo
  Date & Time
-
15th September 2010 I 9.00 am to 5:00 pm (Registration 8:30 am)
  Investment
-
Rs. 7,750/- + 12% VAT (Registration No. 114347850-7000)
    Cheques to be drawn in favour of ‘Rens Global Learning (Pvt) Ltd’ & crossed A/c payee
Tel - (+94) 11 5 749 000
Fax - (+94) 11 5 323 999
e-mail - workshop@rensj.com
web - www.rensj.com
 
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