SBF - COURSES

Effective Budget & Cost Planning for Businesses

[INTRODUCTION]

Budgeting is an efficient method for short-term planning and control. It is employed in large and small businesses extensively. Through budgeting, a business has clear visibility on its spending objectives during an accounting period and it is a versatile tool which has helped managers to cope with problems including inflation.

COURSE OBJECTIVES

The objective of this module is to describe and illustrate some of the methods used in budgeting; highlighted by learning outcomes such as preparing components for a master budget and a flexible budget

COURSE OUTLINE

The following topics will be covered:

  1. Introduction to Budgeting and Budgeting Processes
  2. Master Budgets 
  3. Operating Budgets 
  4. Cash Budgets 
  5. Budgeting in a Merchandising Company 
  6. Other Budgeting Methods 
  7. Flexible Budgets 
  8. Summary and Key Points 

TEACHING METHODOLOGY

This will be done entirely online, with videos, comparative tables and charts, and quizzes.

TARGET AUDIENCE

For SME executives looking to learn more about budgeting for businesses.

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If you have further enquires or clarifications, please contact Nurulhuda@sbf.org.sg 6701 1132