Training Details
The concept of financial planning and its mechanisms.
Planning budget: its nature, objectives, principles of preparation.
The stages of preparing the planning budget.
Effective budget preparation approaches:
Power input.
Market entrance.
Profitability entry.
Determining the target business number:
- In conditions of risk
Under conditions of complete certainty.
Using the seasonal index to estimate the target business number in the irregular operating conditions.
Preparing the comprehensive current budget:
- Balance the items of use (expenses).
Balancing revenue items.
Cash budget.
- Preparing project budgets, reconnaissance skills and evaluating the feasibility of financial and real estate investments.
The supervisory aspect of the planning budget, and the preparation of performance reports and responsibility reports.
Cost control for diagnostic and reduction purposes:
Using the budget and its decisions Budget.
Using standard costs standard cost.
Using target costs target cost .
Practical cases, full workshops.