Budgeting Cost Control And Management Reporting

The Budgeting and Forecasting for Business Professionals course will help demystify the world of budgeting and forecasting and provide you with the techniques and confidence to manage and control your areas of responsibility effectively.

Financial terms and budgeting tools will be explained in a way that is understandable to non-financial people and enable them to relate these to their areas of responsibility. You will gain a practical knowledge of basic accounts which will sup

Adults

Certificate Awarded

Reorganizational Strategy:

• Linking budgets to the organizational strategy
• Financial perspective - understanding the basic financial reports
• Understanding the basics of financial ratio analysis and how it is used to enhance budgets and forecasts
• Analyzing the various types of costs
• Understanding how various types of costs influence cost analysis
• Working capital
• The budgeting process

Types of budgets:

• The relationship between operating budgets and financial budgets
• Financial budgets
• Capital budgets
• Budgeting techniques
• Forecasting
• Budget modeling

The Accountants & Auditors Association (AAA) is the national accountancy body of the United Arab Emirates. We are a not-for-profit organization and have Undertaken Key strategic initiatives to develop the accountancy and finance profession in the country. The Association was established in 1997 through a federal mandate with the key objective of building capacity of the national accountancy and finance profession in line with best global practices and standard. We actively work with related authorities to propose the accounting and auditing standards in the country , suggest new regulatory standards for the profession. We deploy the highest standards of ethical and professional conduct to our members.

AAA's mission is to serve our members, the profession and society. We support the Ministry of Economy ‘s vision of achieving 100 professionally qualified UAE nationals in the field of accounting practice by the year 2021. Our core values are: credibility and transparency, professionalism, continuing professional development, effective relationship and partnership management, and community & public service.