BPI-120 Introduction to Practical Budgeting: Planning & Controlling
The Malaysian economy consists of almost 99% of SMEs where they contribute 38.3% of the country's GDP, 66% of the country's employment, and around 17.3% of Malaysia's exports.
COVID-19 pandemic is an unprecedented event that no one saw coming. Moreover, no single businesses were ready to handle or absorb the shocks presented by this unforeseen tragedy. Right now, the best thing businesses, especially SMEs can do is to learn from the outcome of their past efforts, improve on their business and financial strategies, build resilience, and gain the support from the stakeholders to embrace change.
In this 1-day workshop, the learners will be able to learn and apply some practical approaches and strategies in keeping their businesses going in face of the new normal at the workplace, and an increasingly challenging business environment.
COVID-19 pandemic is an unprecedented event that no one saw coming. Moreover, no single businesses were ready to handle or absorb the shocks presented by this unforeseen tragedy. Right now, the best thing businesses, especially SMEs can do is to learn from the outcome of their past efforts, improve on their business and financial strategies, build resilience, and gain the support from the stakeholders to embrace change.
In this 1-day workshop, the learners will be able to learn and apply some practical approaches and strategies in keeping their businesses going in face of the new normal at the workplace, and an increasingly challenging business environment.
The competencies that the learners will acquire include:
- Build an integrated planning, budgeting and reporting process
- Understand the role of budgets within organizations
- Master traditional and innovative approaches to Budgeting and Cost Control
- Select the performance measurement systems and the measures that work
- The Role of Budgeting & Cost Control
- Budgeting and Cost Control
- Capital Budgeting
- Beyond the Budgets: linking financial and non-financial measures
Head of departments, managers and executives.
This is a 1-day programme.
This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
This course runs from 9:00am – 5:00pm with an hour for lunch and periodic short breaks.
This is an intensive session designed to include as much discussion as possible. Lunch and breaks provide an opportunity for further questioning and discussion with the instructors.
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