MAL Training

Effective budgeting and Operational Cost Control

Course Profile / Background
To ensure effective financial management of a department or the entire organization, there is the need to prepare a realistic budget and ensure compliance with the approved budget. Furthermore, to ensure this compliance, operational costs need to be monitored and controlled so that as to ensure financial discipline.

Target Participants
Finance Directors, Grant Managers, Accountants

Course Objectives
At the end of this training, participants will know how to explore the technique of budgeting and how to expand the technique into more dynamic approaches to budgeting which reflect and respond to the volatile business environment, apply budgeting and operational control techniques within the context of organizational-wide database and information systems, enhance participants’ performance in analyzing and critically evaluating information to ascertain operational control, performance measurement and decision-making.

Course Outlines