“Vue, Dedicated to
Developing Brighter Futures”

Thursday 20th November 2008

Budgetary Control

Description

A one day course which explains the importance of costs and their controls in organisations. Delegates will learn about the nature of different costs and techniques for their control and management. Also the nature of budgets and their construction and use plus a range of techniques for the evaluation of projects and investments.

Who is this recommended for?

• Anyone with a need for a better understanding of finance
• Anyone who has a responsibility for operating within a budget
• Any manager or supervisor with profit responsibility

What will you learn?

• The different types and nature of costs
• The importance of cost control to an organisation
• The relevance of budgeting to all organisations
• The importance of project / investment evaluation

Course content

• Analysing cost types
• Fixed and variable costs and their effects
• Break - Even analysis and when to use it
• Cost - Benefit analysis
• Standard Costing & Variance analysis
• A range of budgeting techniques and their applications
• Payback and Accounting Rate of Return analysis methods
• Discounted Cash Flow and when to use it.

Dates for this course

• Friday 14th November 2008
• Thursday 15th January 2009
• Tuesday 10th March 2009

 

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