Training BUDGETING: DEVELOPMENT, ANALYSIS, CONTROL

Training "BUDGETING: DEVELOPMENT, ANALYSIS, CONTROL"

https://emeia.ey-vx.com/2280/41657/flyers-rus/planning-and-budgeting-i-2016.pdf

Dates: October 13-14

TARGET AUDIENCE

• Heads and staff of the company, engaged in drawing up and the subsequent analysis of budgets
• Experts to whose duties introduction of procedure of creation of the budget of the company on the basis of budgets of separate divisions belongs.

ACTION PURPOSE

• To acquaint participants with technology of drawing up the budget
• To show interrelation of management accounting and budgeting
• To give to participants practical skills of drawing up the budget of the production/trading company
• To consider procedure of the budgetary control
• To acquaint with applied tools of the analysis of deviations from the budget on the example of drawing up the flexible budget.

PROGRAM OF THE COURSE

1st day

• Budgeting in the general system of planning in the company
• Main functions of budgeting.
• Development stages of budgets
• Master budget of production company:
  • Budget of realization
  • The budget of prime cost of the made and sold products
  • Budget of purchases
  • The budget of the remains of production in a warehouse
  • Budget of operating expenses
  • Budget of profits and losses
  • Budget of capital investments
  • Budget of receipts from buyers
  • Budget of payments to suppliers
  • Budget of the movement of monetary stredstvo
  • Budgetary balance
• Case Study: Master budget of production company

2nd day

• Budgetary control.
• The analysis of deviations of the fact from the budget. Equipment of flexible budgets.
• Continuation of Case Study: Master budget of production company: the analysis of deviations of the fact from the budget of 
  • Analysis of achievement of target key indicators (KPI: Key Performance Indicators)
• Case Study: Development of the Master budget of the trading company (reserve section)
• Criteria of selection of software products for budgeting.