Budgeting and Cost Control

Acara

02 – 04 Juni 2014 | IDR  6.000.000 per participant di Yogyakarta
02 – 04 Juni 2014 | IDR  8.000.000 per participant di Bali
02 – 04 Juni 2014 | IDR  6.500.000 per participant di Bandung
18 – 20Juni 2014 | IDR  6.000.000 per participant di Yogyakarta

Jadwal Selanjutnya…

OBJECTIVES

1. See how the budget relates to the key financial statements: balance sheet, income statement, and cash flows.
2. Prepare a budget consistent with the organization’s strategic plan.
3. Use appropriate estimation techniques in the development of revenue and expense budgets.
4. Identify all the appropriate costs to be included in a capital expenditure proposal.
5. Analyze management cost reports and take corrective action.

COURSE OUTLINE BUDGETING AND COST CONTROL

Principles of Budgeting and Cost Control

• The Critical Functions of Management
• Is Control the Missing Link?

Linking the Tactical Budget to Strategic Objectives

• The Strategic Planning Process and the Budget as a Plan
• Aligning the Budget with the Organization’s Strategy

Types of Budgets

• Master Budget, Operating and Capital Budgets
• Financial Budgets

Approaches to Budgeting

• Incremental Budgeting
• Zero-Based Budgeting
• Fixed Budgeting and Flexible Budgeting
• Kaizen Budgeting

Budgeting and Costing Techniques

• Forecasting Methods
• Break-Even Analysis
• Use of Standards
• Trend Analysis and Cost Estimation
• Characteristics of an Effective Budget

Project Budgeting

• Project Planning
• Direct and Indirect Project Costs

Capital Expenditure Budgeting and Analysis

• Time Value of Money
• Pay-Back Period (PBP)
• Net Present Value (NPV)
• Internal Rate of Return (IRR)
• Profitability Index (PI)
• Accounting Rate of Return (ARR)
• Approval for Expenditure (AFE)
• Sensitivity and Risk Analysis

Cost Control and Management Budget Reports

• Budget as a Control Tool
• Approaches to Cost Control
• Understanding the Need for Timeliness and Precision
• Variance Analysis
• Problems in Budgeting

INSTRUCTOR

Dr Zaenal Arifin, MS

DELIVERY TIPE

Lecturing,  diskusi konsultatif, dan studi kasus.

PARTICIPANTS

All managers, supervisors and analysts who prepare and/or use management budgets

DATE & VENUE

• 2-4 Juni / 18-20 Juni / 24-26 Juni / 8-10 Juli / 16-18 Juli / 21-23 Juli / 5-7 Agustus / 13-15 Agustus / 26-28 Agustus / 2-4 September / 17-19 September / 23-25 September / 8-10 Oktober / 21-23 Oktober / 28-30 Oktober / 5-7 November / 19-21 November / 26-28 November / 3-5 Desember  / 10-12 Desember / 17-19 Desember / 29-31 Desember 2014
• Hotel Ibis Malioboro – Yogyakarta

TRAINING FEE

• IDR   6.000.000 per participant (Non-Residential)
• Minimal participants : 2 persons (Yogyakarta)
• Bali, Ibis Styles Kuta, Ibis Legian Hotel, Hard Rock Café Hotel | Rp. 8.000.000 Per Peserta | Kuota Min. Peserta: 5 orang
• Bandung, De Batara Hotel, Banana Inn Hotel, Golden Flower hotel | Rp. 6.500.000 Per Peserta | Kuota Min. Peserta: 5 orang

FASILITAS 

• Training Module
• Flashdisk containing materials
• ATK
• Backpack bag
• Exclusive T-Shirt  atau Jacket
• Coffee break 2x dan Lunch 1x selama training
• Certificate of Completion
• Training Photo
• Transportasi bagi peserta dari luar kota : airport/stasiun ke hotel tempat menginap.(Minimal 2 peserta dari perusahaan yang sama

Effective Budgeting and Cost Control