Effective Budgeting and Cost Control Management

Effective Budgeting and Cost Control  Management

Budget merupakan guideline yang penting dalam mengarahkan dan mengontrol jalannya perusahaan. Dalam konteks ini budget bukan lagi sekedar membuat proforma financial statement, tetapi juga bagaimana menerjemahkan kondisi external (industry, market dan faktor lainnya) ―dengan segala

ancaman dan kesempatan ―menjadi rangkaian aktivitas yang dibuat berdasarkan strategy perusahaan untuk mencapai objective.

Dalam pelatihan ini, para peserta akan diajak untuk memahami proses budgeting dan controlling cost secara komprehensif dan integratif.

Outline :

1. Principles of Budgeting and Cost Control

·         The Critical Functions of Management

·         The Budget as a Key Financial Statement

·         Development of internal control

·         Key elements of cost control

2. The budgeting cycles

·         Environmental analysis

·         Formulating company objective and strategy

·         Tactical and operating plan

·         Operating budget: Analysis into Quarters and Months; Seasonal Factors

3. Expense Budgeting

·         Zero-based budgeting

·         Activity base

·         Fund available

·         Detail and Completeness

·         Allocations from Cost Centers

4. Budgeting and Costing Techniques

·         Forecasting Methods

·         Break-even Analysis

·         Use of Standards

·         Trend Analysis

·         Cost Estimation

5. Project Budgeting

·         Project Planning

·         Direct and Indirect Projects Costs

6. Capital Expenditure Budgeting and Analysis

·         Guideline of capital expenditure

·         Calculation: Accounting Rate of Return; Payback Period; Net Present Value; Internal Rate of Return

7. Cost Control and Management Budget Reports

·         Approaches to Cost Control: Strategic Control; Transactional Control; Process control

·         Understanding the Need for Timeliness and Precision

·         Variance Analysis

Peserta :

Pelatihan ini sesuai untuk bidang Finance & Accounting Manager, Kabag Perencanaan & Anggaran, Para Manajer Lini/Madya dan Staf Operasional yang terlibat dalam proses budgeting dan controlling cost.