- June 4, 2024
- Posted by: admin
- Category: International
BUDGETING AND COST CONTROL
Offline in Singapore | Malaysia | Thailand | Hong Kong
Training Date by Request
BACKGROUND
The budget is an important guideline in directing and controlling the running of the company. In this context, the budget is no longer just about making a proforma financial statement, but also how to translate external conditions (industry, market and other factors)? with all the threats and opportunities? is a series of activities created based on the company’s strategy to achieve objectives.
OBJECTIVES
- Provide a thorough understanding of the budget cycle
- Understand the relationship between budget and strategic planning
- Improve participants’ abilities in making budgets with several applicable approaches
- Increase understanding of project budgeting
- Understand cost control with a strategic and transactional approach.
CONTENTS
- PRINCIPLES OF BUDGETING AND COST CONTROL
- Critical Functions of Management
- The Budget as a Key Financial Statement
- Development of internal control
- Key elements of cost control
- THE BUDGETING CYCLES
- Environmental analysis
- Formulating company objective and strategy
- Tactical and operating plan
- Operating budget: Analysis into Quarters and Months; Seasonal Factors
- EXPENSE BUDGETING
- Zero-based budgeting
- Activity base
- Fund available
- Detail and Completeness
- Allocations from Cost Centers
- BUDGETING AND COSTING TECHNIQUES
- Forecasting Methods
- Break-even Analysis
- Use of Standards
- Trend Analysis
- Cost Estimation
- PROJECT BUDGETING
- Project Planning
- Direct and Indirect Projects Costs
- CAPITAL EXPENDITURE BUDGETING AND ANALYSIS
- Guideline of capital expenditure
- Calculation: Accounting Rate of Return; Payback Period; Net Present Value; Internal Rate of Return
- COST CONTROL AND MANAGEMENT BUDGET REPORTS
- Approaches to Cost Control: Strategic Control; Transactional Control; Process control
- Understanding the Need for Timeliness and Precision
- Variance Analysis
LEAD INSTRUCTOR
Marita, SE, M.Si, Ak, CA and Team
INVESTMENT
Method | Price and Facilities |
Offline Training in Singapore | Price: IDR Rp 21.000.000 per participant.
Minimum quota: 2 participant with flexible scheduling Duration: 2 full days training (08:30 a.m. – 04:30 p.m. SGT) Venue: ibis Singapore on Bencoolen Hotel Includes: meeting room, training modules, training certificate, training kits, lunch, coffee break, and souvenir. Excludes: participant accommodation & transportation |
Offline Training in Malaysia | Price: IDR Rp 23.000.000 per participant.
Minimum quota: 2 participant with flexible scheduling Duration: 2 full days training (09:00 – 07:00 p.m. HKT) Venue: Ibis Kuala Lumpur City Centre Includes: meeting room, training modules, training certificate, training kits, lunch, coffee break, and souvenir. Excludes: participant accommodation & transportation |
Offline Training in Thailand | Price: IDR Rp 27.500.000 per participant.
Minimum quota: 2 participant with flexible scheduling Duration: 2 full days training (09:00 – 07:00 p.m. HKT) Venue: Ibis Bangkok Impact Includes: meeting room, training modules, training certificate, training kits, lunch, coffee break, and souvenir. Excludes: participant accommodation & transportation |
Offline Training in Hong Kong | Price: IDR Rp 29.000.000 per participant.
Minimum quota: 2 participant with flexible scheduling Duration: 2 full days training (09:00 – 07:00 p.m. HKT) Venue: ibis Hong Kong Central & Sheung Wan Hotel Includes: meeting room, training modules, training certificate, training kits, lunch, coffee break, and souvenir. Excludes: participant accommodation & transportation |