Effective Budgeting and Cash Flow Management (2 days Course)
Although today’s finance professionals are still required to fulfil their traditional role of maintaining good financial control, sound corporate governance and best practice, there is an increasing expectation
that the best finance executives also support the organization by providing relevant systems and information that enables strategic decision-making, adding value to the business and providing focused support to the Board. Two of the key areas where the finance executive can add real value to the organization include budgeting and cash flow management and planning. This course looks at
the key principles, best practice and up to date thinking in these two important areas and will provide delegates with the basis on which they can add further value to their own organization.
The statistics for corporate failures highlight the many companies that collapse every year because they did not pay heed to economic management practices. Effective cash flow management is the key to business survival and growth, yet many managers and business owners are unclear about the key drivers of strong cash flow and do not know the most important measures to monitor and control it. This course covers all aspects of cash flow management: What it is, how to measure and monitor it, and how to effectively control and improve it.
Success in any organization depends on being able to develop and implement effective plans to achieve the organization’s objectives. Although some see budgeting as a burden, the most successful organizations use the budget process to produce powerful plans to keep them on track to deliver their goals and vision. This course provides you with an up-to-date guide to the effective budgeting of your business including tailored cost control techniques.
Course Objectives / Take away of the Training
Cash Flow Management
Learn why cash flow is the key to business survival and growth
Get practical tips to improve working capital management and profit
Identify critical success factors for strong results
Understand how winning organizations use powerful KPIs
Develop KPIs that help you deliver results
Learn how to tie your strategy to effective annual budgets
Get practical tips to improve budgeting in your organization
Identify critical success factors for your organization
Understand how winning organizations harness the power of the Balanced Scorecard
Develop KPIs that will help you to deliver results
Who Should Attend? / Designed for
Finance managers and accountants;
any manager responsible for key commercial aspects of their business;
Business owners and bankers.
Any manager responsible for delivering organizational objectives and targets, managers in charge of developing frameworks for improving public or private sector performance,
Professionals responsible for preparing and controlling departmental budgets.
Facilitator; Khurram A. Khan
Versatile and highly accomplished Senior Executive Management Professional offering over 20 years of experience in the areas of accounting and financial management, strategic planning and marketing, cost reduction programmes, enterprise resource planning, business partnering and business development, staff performance mentoring and improvement, and due diligence within industry best practices.
Professional Accountant having certification from Pakistan and USA, Masters in Economics and Business Administration and Doctorate in Financial management with extensive leadership and management skills and rich exposure to change management and coaching teams to support process implementation and improvement. Skilled in leading business transformations by utilizing finance management knowledge and meeting top line and bottom line objectives.
Key Note Speaker / Presenter conducted 50+ seminars, training sessions, workshops, CPD sessions on Cash flow management, Budgeting, Balanced score cards, and financial management & reporting analysis, and Internal Audits in Dubai, Malaysia, Nigeria, Dammam, Riyadh, Colombo and Thailand.