TARGET AUDIENCE
This Workshop is highly suitable for any managerial or executive staff members in management, marketing, sales, production, administration and planning who need an overview and a basic understanding of the budgeting process directly or indirectly in the course of their work.
SPECIFIC LEARNING OBJECTIVES
At the end of the workshop you should be able to answer the following questions, and many more:
"Why do we need to prepare budgets?"
"What are the different types of costs and their behaviours?"
"What are the different approaches to budgeting?"
"What are the different types of budgets in a manufacturing company?"
"How do I prepare these budgets?"
"How are the budgets related to the Income Statement and Balance Sheet?"
WORKSHOP OUTLINE
- Purpose of budgeting;
- Types of costs and their behaviours;
- The Master Budget overview;
- Sales Budget;
- Production Budget;
- Direct Material Budget;
- Direct Labour Budget;
- Manufacturing Overhead Budget;
- Finished Goods Inventory Budget;
- Selling & Administrative Expense Budget;
- Cash Budget;
- Budgeted Income Statement;
- Budgeted Balance Sheet;
- Case Study on Budgeting.
TRAINING METHODOLOGY
A Workshop Manual will be provided. It has practical exercises to reinforce the concepts and procedures taught. Included at the end of the workshop is a Case Study on Budgeting so that participants can take away the skill to apply at their workplaces.
Each participant needs to bring along a calculator.
TRAINER PROFILE
Raymond Ang, holds a Bachelor of Business Administration degree from the University of Singapore, as well as a Master of Applied Finance degree from Macquarie University, Sydney. He has more than 35 years of working and training experience in the areas of accounting, finance and statistics. Besides conducting training and seminars for corporate clients and the public, he also gives lectures on accounting, finance and statistics courses at foreign universities represented by local educational institutions.
To make the training interesting, he uses simple daily analogies to explain complex concepts for easy understanding.
PARTICIPANT FEE
- Standard: S$590 Nett (S$354 Nett after PIC grant – Cash Payout Option)
- Early Bird: S$490 (S$294 Nett after PIC Grant – Cash Payout Option) Form must reach us by 28 Feb 2015
- Group of 2 or more: S$490 (S$294 Nett after PIC Grant – Cash Payout Option)
*Enjoy up to 400% tax deduction or 60% cash payout under the Productivity and Innovation Credit (PIC) scheme for Staff Training. Find out more here
Registration:
Please email the completed physical form to: sales@3pointe.com.sg or fax to: 6520 9851
For further queries, please contact us at:
Email: sales@3pointe.com.sg Or call Michael: 9669 6694
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