Evaluation in financial strategies
$2,300.00
Objectives
- To enable participants to identify the concept, nature, importance and functions of planning budgets in their planning and supervisory form.
- Providing participants with modern financial, accounting and administrative tools in preparing current and capital planning budgets.
- Activating participants' participation in follow-up and monitoring through budgets and using follow-up reports for the purpose of evaluating and improving strategic financial performance.
- Provide participants with skills in dealing with real problems of practice and practical application
Who Should Attend?
- All employees working in finance departments
- Senior accountants and financial supervisors
- Financial Managers
- Financial observers
Seminar Outline
- Cost, expense and loss
- Budget concept and functions
- Budget Cycle (s)
- Types of budgets
- The relationship between budgets
- Planning Budget Information Systems
- Budgets in special units
- Budgets in government units
DAY 1
- Preparation of income balance (receipts) in government and private units
- Modern forecasting methods in revenue forecasting.
- An integrated process to prepare the budget for revenues (receipts) in government and private units
- Preparation of expenditure budget (expenditure) in government and private units
- Modern forecasting methods in expenditure forecasting.
- A state of integrated operation to prepare expenditure budget (expenditure) in government and private units
DAY 2
- Advanced strategies in the design of monetary planning budgets
- The concept and importance of the cash budget
- The relation of the monetary budget to other budgets
- Modern prediction techniques in liquidity forecasting
- Managing liquidity in the light of the cash budget and the technical and real financial difficulties
- Monetary indicators linked to the monetary budget
- A state of integrated cash budget preparation in government and private units
DAY 3
- The concept and importance of the investment budget
- Relationship of investment budget to other budgets
- Investment budget financing entries
- Components of the investment budget
- Evaluation models of investment projects listed in the budget
DAY 4
- Expenditure and decision-making
- Use flexible budget in performance assessment and financial decision making
- Use of fixed budget in performance assessment and financial decision-making
- Analysis of deviations
- Preparation of performance evaluation reports
