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Budgeting & Cost Controller Masterclass

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Budgeting & Cost Controller Masterclass

Categories: Executive Finance
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About Course

Course overview : 

Cost effectiveness even under buoyant market conditions is the key to 

sustained success. Every organization requires continual review to ensure that 

departmental costs are accountable and measurable. Budgeting and Cost 

Control is a positive management function, which ensures careful 

consideration of resource allocation. This program offers a blueprint to 

control and monitor of all areas of income and expenditure, utilizing 

Budgeting and Cost Control principles and objec

What Will You Learn?

  • Participants will:
  • 1- Understand the principles and reasons for cost control
  • 2- Prepare effective budgets
  • 3- Analyze organizational expenditures
  • 4- Implement and review budgets effectively

Course Content

Fundamentals of budgeting

Budgeting and planning process

Types of budgets

Budget elements

The cash budget

Fixed and Variable Overheads

Cost Attribution

Break Even Analysis

Expenditure Control and techniques

Budgeting, Monitoring & Feedback Systems

Qualities of a good budget process

Strategic cost management