BUDGETING, FORECASTING AND CONTROL IN STRATEGIC MANAGEMENTCorporate Finance, Account and Risk Management
BUDGETING, FORECASTING AND CONTROL IN STRATEGIC MANAGEMENT
- Starts: September 17, 2024
- Length: 2 Days
- Location: Abuja, Lagos or as decided by the client
- Fees: ₦ 250,000
- Reserve: 40
This programme focuses on the integration of financial management practices within strategic planning and execution. It emphasizes the importance of budgeting, forecasting, and control mechanisms in managing financial resources effectively, assessing risks, and aligning financial strategies with broader organizational goals. The course will equip participants with the tools to monitor financial performance, make informed decisions, and implement risk mitigation strategies.
- Budgeting Techniques for Effective Financial Planning
- Introduction to forecasting methods, including trend analysis, regression models, and scenario planning
- Financial Control Mechanisms and Performance Evaluation
- Control systems are important in ensuring financial strategies are executed as planned.
At the end of the programme participants will be able to:
i. Equipped with skills to integrate financial planning and strategic goals, ensuring financial decisions align with the organisation’s long-term objectives.
ii. Develop the ability to create accurate and flexible budgets, forecast financial trends, and effectively allocate resources.
iii. Assess financial risks and implement control mechanisms that minimize negative financial impact.
iv. Gain the ability to monitor financial performance continuously, use control systems to manage deviations, and apply corrective actions for financial efficiency and strategy alignment.
Current and potential strategic leaders and first-line managers at all levels of medium to large organizations including Directors and Senior Managers, Head of division, Team Leaders, HR and Corporate Managers, Executive Directors and Heads of Departments and Units
Venue: Abuja & Lagos