Event Category   Seminars
Date   Monday, August 23, 2010
Time   9 am
Duration   23-25 August
Venue   LBS Ajah, Lagos
Caption   Budgeting and Budgetary Control Seminar
Description   
Budgeting is the common accounting tool companies use for planning and controlling what they must do to satisfy their customers and succeed in the marketplace. Budgets provide a measure of the financial results a company expects from its planned activities. By planning for the future, managers learn to anticipate potential problems and how to avoid them. Instead of subsequently facing problems, managers can focus their energies on exploiting opportunities. Remember that, “few businesses plan to fail, but many of those that flop, failed to plan”.
Programme   
Budgets and the budgeting cycle
The role of budgets in: strategic planning and implementation; performance measurement; employee motivation and coordination
Steps in developing an operating budget
Computer-based financial planning models
Kaizen budgeting
Activity-based budgeting
Budgeting and responsibility accounting
Human aspects of budgeting
Preparation of budgets: the cash budget, the budgeted income statement and the budgeted balance sheet
Sensitivity analysis and cash flows
Partcipants Profile   
Managers, executives and company directors / owner-managers without accounting/finance skills or knowledge but keen on translating their strategies into financials
Fee   =N= 195,000.00

http://www.lbs.edu.ng/events/budgeting-and-budgetary-control-seminar/12