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Effective Budgeting and Cost Control Course

Develop Skills in Effective Budgeting and Cost Control for Improved Financial Management

Develop Skills in Effective Budgeting and Cost Control for Improved Financial Management

4.99/5 Rating
(from 1000+ reviews)

5-stars

About this course

Effective financial management is crucial for ensuring that staff with budget responsibilities have clear guidance on budget sizes, allowable expenses, and flexibility. In this course, you’ll learn how to effectively manage budgets for both administrative costs and program expenditures.

You’ll also gain a basic understanding of financial statements and project evaluation tools, enabling you to make informed decisions and contribute to financial discussions with confidence. Whether you’re a manager looking to improve your financial management skills or simply seeking a better understanding of financial statements, this course is designed to meet your needs.

Course features

Engaging learning experiences

Downloadable study material

Certificate of completion

5-stars

4.99/5 Rating (from 1000+ reviews)

What you'll learn

  1. Understand the purpose and structure of financial statements
  2. Learn the key elements of financial statements and how they are used to communicate financial information
  3. Develop skills in creating and using budgets to support organizational finance, strategies, and objectives
  4. Learn how to link budgets to performance indicators and effectively monitor and control them
  5. Explore techniques for managing and controlling human resources budgets
  6. Understand budget metrics and how they influence corporate strategy
  7. Learn how to compile and interpret budgets and manage budget variances
  8. Gain hands-on experience in building and reporting on a budget
  9. Understand the role of budgets in monitoring and controlling a business
  10. Learn about key components and cost factors in a budget and how to accurately appraise investment projects
  11. Develop an understanding of responsibility accounting and performance evaluation techniques
  12. Learn about costing and break-even analysis and how to use them to monitor and control a budget

Course format

group discussion

Group Discussions

case studies

Case Studies

action plans

Action Planning

presentations

Presentations

individual and group

Individuals & Groups

Role Playing

experiential learning

Experiential Games

Assessments

Course content

Take a sneak-peak inside to see what you can expect from this course:

DAY ONE
➜ Fundamentals of budgeting process
➜ Financial statements
➜ Cost, revenue and profit
DAY TWO
➜ The planning and control cycle
➜ Stages in the budgeting process
➜ Types of budget models and limitations of budgeting
DAY THREE
➜ Cost calculations
➜ Company financing
➜ Accountability
➜ Budget management
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Meet our trainer

The subject matter expert that will be training you:

GAEL ROWLAND

Management Trainer and Consultant

Our happy customers

Pricing

Choose the best training solution for you:

Online Live

Virtual instructor-led training
Contact us for pricing

Face-to-face

5,400 AED
per delegate

In-house

For 4+ delegates
We recommend in-house

Sign-up to world-class training today!

Why get certified?

The majority of ILM’s qualifications and courses give learners the skills, knowledge, and experience they need to do a management job in the real world. According to research, 9 in 10 learners said they were able to apply the leadership and management skills learnt through ILM to their day-to-day job role and would recommend ILM’s qualifications and programmes.

Training your team on an ILM qualified course will improve their performance and bring positive change to your organisation. 88% of employers say their business was immediately positively impacted by ILM training programmes. 78% of employers said investing in ILM training increased their income.

ILM qualifications are very sought after and will improve your career prospects. If an employer has two candidates that they can’t decide between, they are likely to make the decision based on qualifications. So having ILM certification is a great way of increasing your chances of promotion or employment.

The majority of ILM’s qualifications and courses give learners the skills, knowledge, and experience they need to do a management job in the real world. According to research, 9 in 10 learners said they were able to apply the leadership and management skills learnt through ILM to their day-to-day job role and would recommend ILM’s qualifications and programmes.

Training your team on an ILM qualified course will improve their performance and bring positive change to your organisation. 88% of employers say their business was immediately positively impacted by ILM training programmes. 78% of employers said investing in ILM training increased their income.

ILM qualifications are very sought after and will improve your career prospects. If an employer has two candidates that they can’t decide between, they are likely to make the decision based on qualifications. So having ILM certification is a great way of increasing your chances of promotion or employment.

Frequently asked questions

Yes, after the course you will receive a certificate of completion.

All participants receive an e-copy of the certificate, but if requested you will receive a hardcopy as well.

Yes, we provide e-workbook before the course and the PowerPoint after the course.

Have more questions? Click here to get in touch.

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Discover Select

Select Group is an internationally recognised Learning and Development provider with more than 17 years of experience in the field of corporate training and consultancy.

Delegates
1 +
Happy Clients
1 +
Training Hours
1 +

✔ Qualified Trainers

✔ English & Arabic

✔ Customer Focused

✔ Internationally Qualified

Our partners

© 2024 Select Training & Management Consultancy LLC Tax Registration Number: 100003031000003

Head Office: Office 803 Al Yasat Tower, Fatima Bint Mubarak (Najda) Street, P.O. Box 44705, Abu Dhabi, UAE.

Dubai Office: Office 208, Al Attar Business, Centre, Sheikh Zayed Road, Al Barsha 1, P.O. Box 334058, Dubai, UAE.

KSA Office: Office 7470, Uthman ibn Affan Road,
Al Taawun District, P.O. Box 84994, Riyadh, K.S.A.

Request a call back

Slots are limited, so request your call back as soon as possible.

Discover Select

Select Group is an internationally recognised Learning and Development provider with more than 17 years of experience in the field of corporate training and consultancy.

Delegates
1 +
Happy Clients
1 +
Training Hours
1 +

✔ Qualified Trainers

✔ English & Arabic Delivery

✔ Innovative Customer Focus

✔ International Qualifications

Our partners

Head Office: Office 803 Al Yasat Tower, Fatima Bint Mubarak (Najda) Street, P.O. Box 44705, Abu Dhabi, UAE.

Dubai Office: Office 208, Al Attar Business, Centre, Sheikh Zayed Road, Al Barsha 1, P.O. Box 334058, Dubai, UAE.

© 2024 Select Training & Management LLC Tax Registration Number: 100003031000003

Request a call back

Slots are limited, so request your call back as soon as possible.

Discover Select

Select Group is an internationally recognised Learning and Development provider with more than 17 years of experience in the field of corporate training and consultancy.

Delegates
1 +
Happy Clients
1 +
Training Hours
1 +

✔ Qualified Trainers

✔ English & Arabic

✔ Customer Focused

✔ Internationally Qualified

Our partners

© 2024 Select Training & Management Consultancy LLC Tax Registration Number: 100003031000003

Head Office: Office 803 Al Yasat Tower, Fatima Bint Mubarak (Najda) Street, P.O. Box 44705, Abu Dhabi, UAE.

Dubai Office: Office 208, Al Attar Business, Centre, Sheikh Zayed Road, Al Barsha 1, P.O. Box 334058, Dubai, UAE.

KSA Office: Office 7470, Uthman ibn Affan Road,
Al Taawun District, P.O. Box 84994, Riyadh, K.S.A.