Malta Managing Through Budgets Masterclass
Managers, business owners, admin staff, supervisors and small business owners
- Maximum 8 attendees
- 30 days of one to one support
- Programme director with at least a Masters Degree in the subject
- Convenient afternoon timings or in-house at any time
- Can be configured to address a number of professions and industry sectors
EUR175 ex VAT per participant
Understanding Budgets and Budget Cycles
Review of the budget purpose, cycle and function within the managerial context of an SME.
Types of budgets
Understanding the types of budgets for the scope, purpose, context and function.
The Multi-Dimensional budget
reviewing how to include Multi-Dimensional budgets in order to fulfill the various roles of a budget.
Actual vs Budget figures and data extraction
How to use the analytical dimension of a budget function and how to obtain the data within the organization so the corrective action can be addressed.
Budgeting as a Controlling Tool
Understand the controlling tool of budgeting in detecting fraud, misappropriation, inefficiencies, slack and optimization of operations.