info@commonwealthtca.com
Language  
English
French
Spanish
German
Italian
Russina
Arabic
Turkish
Home
Courses
Cities
Associations
Services
About Us
Contact Us
Home
Courses
Course Category
→ Accounting and Finance
→ Administration and Secretarial
→ Auditing and Governance, Risk and Compliance
→ Banking, Insurance and Financial Services
→ Business Continuity and Crisis Management
→ Communication and Writing Skills
→ Construction Management
→ Contracts Management
→ Customer Service
→ Data Management and Business Intelligence
→ Digital Innovation and Transformation
→ Energy and Water Management
→ Financial Technology (FinTech)
→ Health, Safety and Environment
→ Human Resources and Training
→ Interpersonal Skills and Self Development
→ IT Management
→ Leadership and Management
→ Legal
→ Maintenance and Engineering
→ Marketing and Sales
→ Monetary Economics
→ Monitoring and Evaluation
→ Oil and Gas
→ Planning and Strategy Management
→ Port and Shipping Management
→ Procurement and Supply Chain Management
→ Project Management
→ Public Relations
→ Quality and Productivity
→ Security Management
→ Tourism Management
→ Transport and Logistics
More Links
→ Public Training Courses
→ Certified Training Courses
Cities
All Cities
Abu Dhabi
Accra
Addis Ababa
Amsterdam
Arusha
Bali
Bangalore
Barcelona
Beijing
Bujumbura
Cairo
Cape Town
Casablanca
Colombo
Copenhagen
Dar Es Salaam
Doha
Dubai
Geneva
Guangzhou
Hong Kong
Istanbul
Jakarta
Kampala
Kigali
Kingston
Kuala Lumpur
London
Lusaka
Manila
Maputo
Mbabane
Mombasa
Moroni
Mumbai
Muscat
Nairobi
Ottawa
Port Louis
Rome
Sao Paulo
Shanghai
Sharm El-Sheikh
Singapore
Stavanger
Stockholm
Taipei
Victoria
Vienna
Washington DC
Zanzibar
Associations
Services
All Services
Public Courses
Certified Training Courses
In-House Training Courses
Executive Coaching
Individual Training Programs (ITP)
Commonwealth TCA's Leadership Development Program
Consulting
About Us
Contact Us
Course Category
→ Accounting and Finance
→ Administration and Secretarial
→ Auditing and Governance, Risk and Compliance
→ Banking, Insurance and Financial Services
→ Business Continuity and Crisis Management
→ Communication and Writing Skills
→ Construction Management
→ Contracts Management
→ Customer Service
→ Data Management and Business Intelligence
→ Digital Innovation and Transformation
→ Energy and Water Management
→ Financial Technology (FinTech)
→ Health, Safety and Environment
→ Human Resources and Training
→ Interpersonal Skills and Self Development
→ IT Management
→ Leadership and Management
→ Legal
→ Maintenance and Engineering
→ Marketing and Sales
→ Monetary Economics
→ Monitoring and Evaluation
→ Oil and Gas
→ Planning and Strategy Management
→ Port and Shipping Management
→ Procurement and Supply Chain Management
→ Project Management
→ Public Relations
→ Quality and Productivity
→ Security Management
→ Tourism Management
→ Transport and Logistics
More Links
→ Public Training Courses
→ Certified Training Courses

Budget control and Budgetary Execution

Why Attend

Budget control and Budgetary Execution training is essential for organizations and assists them in the decision-making and planning process. This training course provides participants with important cost awareness and budgetary skills by combining techniques analysis, problems, and examples of real case studies, which is essential in managing and controlling processes/projects in times of increasing global competition where the budgets are inextricably linked with both strategy formulation, cost control, and execution.

Overview

Course Outline

Schedule & Fees

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

Successfully build integrated planning, budgeting, and reporting process; Understand costs behavior more accurately; Deliver more timely and useful information to decision-makers; Understand capital budgeting; Identify & manage key financial indicators for the business; Be able to use specific cost analysis and performance measurement techniques; Be prepared to understand and implement the Balanced Scorecards; Be prepared to interpret the financial impact of strategic directions; Understand the problems of overheads allocation and how Activity-Based Analysis may aid decision-making and pricing strategies; Select the performance measurement systems that work; Think proactively beyond budgeting

Target Audience

DAY 1 Those in charge of designing and managing a budgetary system; The Staff Person who will be responsible for entering data into the budget system or training others how to enter information; Those who want to gain control of the firm's financial standing and obtain a firm grasp on the numbers side of their job; Financial Professionals, R&D Professionals, Sales / Marketing Professionals, General Accounting Professionals, Business Unit Professionals; Anyone who wants to understand the basics of budgeting, costing, and performance measurement

Target Competencies

n/a

DAY 1

Budgeting & Cost Control in the Management System: Link with Strategic Planning

  • Budgeting and the Management System of Contemporary Organizations

  • Strategic Planning, Budgeting and Management Control

  • Strategic Management Accounting – Setting Goal and Objectives

  • From Strategic to Operating Plans – Actions and Initiatives

  • Measuring and Managing the Performance – KPIs and targets

  • Managerial Accountability  

DAY 2

Budgeting: Principles and Key Concepts

  • Understanding the Context for Budgeting

  • The Benefit of Budgeting and its Role for Achieving Organizational Targets

  • The Shortcomings of the Budgeting Process - How to improve them?

  • Principles of Budgeting

  • Main Issues with Budget Preparation

  • Capex (Capital Expenditures) vs. Opex (Operational Expenditures)

DAY 3

Cost Analysis for Budgetary Purposes

  • Cost Concepts and Terminology

  • Different Costs for Different Purposes

  • Fixed vs. Variable Costs: The Cost-Volume-Profit Analysis Model

  • Contribution Margin Analysis

  • Manufacturing vs. Non-manufacturing Costs

  • Period vs. Product Costs

DAY 4

Traditional vs. Advanced Techniques in Cost-Control

  • Under-costing and Over-costing: Understand Allocation Methods

  • How to refine a Costing System?

  • Indirect (OH) vs. Direct Costs

  • Traditional Cost Allocations Systems vs. Activity-Based Costing (ABC)

  • Cost Hierarchy & Cost Drivers - Linking Resources, Activities and Management

  • Introducing Activity-Based Budgeting (ABB) and Management (ABM)

DAY 5

New Integrated Performance Measurement Systems

  • Beyond Budgeting: Integrating Financial and Pre-financial Information

  • The Drivers of Value Creation

  • The Balanced Scorecard

  • Strategy Maps

  • Integrated Reporting

Executing the Budget

  • Commitments and Obligations

  • Common Obligation Concepts

  • Contracts for an Indefinite Quantity

  • Types of Services Being Purchased

  • Unliquidated Obligations

  • Life Cycle of an Appropriation

  • Revolving Funds and Reimbursables

  • Deobligations

  • Other Resources

  • Agency-Level Modification Tools

  • Reporting of Resources

$5875

Sao Paulo

Country: Barzil

Duration: One week

Date: 18–22 Aug 2025

Register

$3875

Cairo

Country: Egypt

Duration: One week

Date: 18–22 May 2026

Register