Planning, Budgeting & Cost Control for Managers Workshop
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Planning, Budgeting & Cost Control for Managers Workshop Virtual www.icparwanda.com 15-16 April, 2021 08:30 – 12:10pm
Transcript of Planning, Budgeting & Cost Control for Managers Workshop
Planning, Budgeting & Cost Control for Managers Workshop
Virtual
www.icparwanda.com
15-16 April, 202108:30 – 12:10pm
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PThe purpose of forecasting is to provide information to make intelligent business decisions; help to identify unex-pected issues; therefore, allowing timely corrective action and allow companies to quickly identify potential opportu-nities.
In this two-day workshop, businesses and participants will be refreshed on effective cost planning in this unprece-dented time of Covid-19 and learn strategic budgeting and strategic cost management of the 21st century.
Relevance of the Training
Organisations and individuals will be facilitated to learn how to use strategic budgeting approach which is s aligned to the long-term goals of their businesses;
Businesses will learn on how to use strategic cost man-agement to provide insightful information for decision making
The workshop will also offer a refresher on effective cost planning and forecasting techniques
Introduction
Effective planning, budgeting and cost control are pillars of sustainability to businesses. The relevance of cost plan-ning, budgeting and cost control was made very important by the ongoing Covid-19 pandemic that forced organisa-tions to relook on their spending and forecasts.
In general, some organisations are still using traditional planning and budgeting tools, and forecasting techniques that are becoming irrelevant in the fast-changing envi-ronment. A strategic budgeting approach that considers organisation mission and long-term goals needs to be em-braced by businesses to ensure successful implementation of their strategies.
The modern strategic cost management is very essential for organisational strategic planning as it provides critical in-formation for decision making to senior management and stakeholders. Also, budget forecasting is one of the areas that has gained popularity in the recent years. Forecasting is a process that allows businesses to use historical data to make financial projections in the long-run.
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Certificates
Where
The event shall be hosted virtually on the 15 – 16 April starting at 08:30 – 12:10 Pm. Please follow the link below to register at: https://bit.ly/31v2ixF
Your investment
Participants shall pay Rwf 140,000 and Rwf 170,000 each for a member and non-member respectively (VAT in-clusive), and shall be expected to confirm their attendance through the ICPAR registration link provided above, and attach a proof of payment or a purchase order. A webinar link to the workshop shall be shared thereafter.
To make your payment, please dial *182*8*1*009201# Yes and follow subsequent instructions for those who wish to pay via Mobile Money or directly pay through our bank account No: 00040-00335616-29 in Bank of Kigali.
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5 CPD hours certificates shall be shared to all participants.
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Draft program outline6.0Day One: 15 April 2021
Time Topic Facilitator
08:30 – 09:00 AM Arrival and registration All
09:00 – 10:30 AM Effective cost planning in unprecedented times
CPA Ferdinand Othieno, Director, Mahiri QuantFin Ltd.
10:30 – 10:40 AM Health Break All
10:40 – 12:10 PM Strategic budgeting Godwin Akankunda, Country Head of Internal Audit, BPR Atlasmara
Day two: 16 April 2021
Time Topic Facilitator
08:30 – 09:00 AM Arrival and registration All
09:00 – 11:30 AM Forecasting techniques for strategic cost management
CPA Ferdinand Othieno, Director, Mahiri QuantFin Ltd.
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May you require further information please contact us via ;
0788 997 749 / 0784 909 747
[email protected]@icparwanda.com
FOR INFORMATION
www.icparwanda.com
