In this workshop, participants from different departments
will get to know how to manage their cost and expenses and take important
financial decision that will impact the whole organization’s financial acumen.
Participants will be aware of Financial Decision-Making Tools
Differential analysis (also called incremental analysis) is a management
accounting technique in which we examine only the changes in revenues, costs
and profits that result from a business decision instead of creating complete
income statements for each alternative. Moreover, knowing capital budgeting
techniques, Forecasting department activities
During this workshop, participants shall be equipped with
plug-and-play templates covering the different skills and concepts and turn it
into applicable tools.
Understand the principles behind best practice financial management
Explain the importance of budgeting within a strategic framework
Build a robust budgeting process within their departments
Know when and where to use various budgeting approaches
Forecast future performance by better analyzing revenue and cost drivers
Budgeting
All employees interested in enhancing their ability to manage departmental finance
