The 'Preparing-Budgets' training course is designed to equip participants with the essential skills required for effective budget preparation and implementation. This comprehensive program emphasizes the importance of budgets as financial tools that aid in planning, decision-making, resource allocation, coordination, and control. Participants will learn how to develop budgets within a sound strategic plan, utilizing appropriate forecasting techniques, including Time Series Models, Exponential Smoothing, Regression and Correlation Analysis, as well as Activity Based Costing methods. The course will also address the common problems and limitations of budgets, helping participants understand the conditions necessary for successful budget management.
