Advanced Budgeting

This course will help those involved in financial decision-making to master advanced budgeting techniques and streamline their budgeting process. You will use budgets to link strategy to planning and highlight operational inefficiencies and set targets.

Adults

Certificate Awarded

How budgeting fits into the strategic planning process. Why do we budget. Whats wrong with how we budget. Beyond budgeting. The forecasting process - A step beyond mere budgeting. Balanced Scorecard. Reviewing data gathering techniques and cost structures for budget optimization and best performance. New techniques in budgeting. Cash budgeting. Budgeting for capital expenditure. Consolidating the detailed budget into financial statements. Budget reporting tools and techniques. Performance management reporting and control.

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.