FINANCE MANAGEMENT SERIES

Cost Management & Budgeting

Organisations face the issue of making difficult costing and budgeting choices that ensure profitable decisions for the company when changes in the financial markets start affecting the economy. Managers and executives must understand the approach behind cost calculation in order to gain a strong balance in allocating resources along with driving and tracking revenues.

This course aims to explain the various key elements, concepts and application of Cost Management and Budgeting, which are commonly used for monitoring internal financial performance and making future business plans.
Objectives

Words from the Trainer: "This course is suitable for those who deal with product or service margin and profitability. Participants will learn the various cost behaviours, calculate the break-even point and costing, as well as budgeting."

After the workshop, you will be able to:

  • gain understanding of the concept of cost management
  • know the various factors that affect cost management
  • learn to use cost management information for planning and controlling
  • define budgeting and its role in planning, controlling and decision making
  • understand the budgeting process
  • maintain budgetary control
Outline
Additional Details
Trainer
Grants
Testimonials

StatusStatus: -

Course Code/ID: CRS-N-0028158
(for SDF/SFC applications)

Time9:00 am to 5:00pm
(7 hrs excluding lunch break)

Early bird    S$385.20
Normal        S$438.70
Members    S$342.40
* Fees are inclusive of 7% GST.

UTAP (NTUC)
50% UTAP Funding Support Available for NTUC Members.
Click here for more details.

Early birdEarly bird:  28 Dec 2017

DateAvailable dates

19 January 2018
5 June 2018
19 October 2018

VenueLocation (subject to change)

School of Economics / School of Social Sciences, Singapore Management University (SMU), 90 Stamford Road

yes, approvedSDF-Approved

yes, approvedSkillsFuture Credit Claimable

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