Training on Budget and Financial Management
Who should attend this training?
This three-day Budget and Financial Management training course is designed to enable participants to understand the links between budgets and finance, and meet the increasing demand to show how your projects or departments contribute to your organization’s bottom line.
Topics covered in this Training Course:
Strategic Focus and Drivers
Identifying and examining strategy
Business trends
Mergers and acquisitions
Aggressive asset management
Outsourcing
Legislative and regulatory scrutiny
Balanced scorecard
Managing Stakeholder Expectations
Identify and analyze stakeholders
Getting buy-in
The Basics of Finance
Financial basics
Accounting
Costs, profits and profitability
Financial statements
Balance sheets
Income statements
Cash flow statements
Budgeting Skills
Budgeting basics
Budget cycles
Budgeting processes: planning, approving, managing and reporting
Budget elements
Gather and categorize
Prioritize
Develop initial estimates
Compile and total estimates
Perform tradeoffs
Finalize initial budget for approval
Presenting a Budget for Approval
Communicating budgets to decision makers
Negotiating for resources
Managing and Reporting Budget and Financial Results
Monitoring performance
Variances
Earned value technique
Taking corrective action
Budget reporting
Closing out budgets
Revenue recognition
Expected learning Outcomes:
- To successfully create, present, monitor and manage a budget
- Persuasively negotiate for financial resources
- Communicate financial information and results to stakeholders, executives, colleagues and project teams
- Correlate budget success with its presentation in financial reports
- Recognize the relationships between primary financial statement line items by calculating and examining relevant financial ratios
- Understand how finance and accounting influence management decisions
Venue: Margalla Hotel, Islamabad, Pakistan
Training Fee: Rs.50,000/= per participant per day(Includes Lunch during the training days and Training Material)
Discount Policy: PHRN Members can avail up to % discount on all Intel and National training
Discount Option-1
Group Discount (from same organization):
5% for 3 or more participants
10% for 6 or more participants
Discount Option-2
Multiple Registration Discount:
5% for registration in 2 training
10% for registration in more than 3 training
Discount Option-3
15% discount for LNGOs based in FATA, Southern Punjab, Interior Sindh and Baluchistan.
Boarding & Lodging: B & L Facility can be arranged upon request and on payment of required charges.
How to apply: Please fill out the attached registration form and send its soft copy in return mail. Our correspondent will contact you for further processing.
Kindly contact on registration@phrn.org.pk.
Special Customized Trainings for Professionals:
We offer specially customized programs for individual organizations to suit their special requirement. Organizations who prefer to have exclusive programs on any of the themes given here or on any other themes can request for a special program.
We conducted many in house training programs for different INGOs, UN agencies, USAID, Donor agencies, Gov./semi organizations and multinational companies across the south Asia in various technical and soft skills. We offer need based technical and soft skill programs in the field of Human Resource Management, Organization Development, Gender & Development, Micro-Finance, Environment, Education & Health, Finance, Laws Governing NGOs, Project Cycle Management, Communication, MIS and Documentation, LFA and OIP, Renewable Energy, Watershed Management, Media management, crises management, sphere standards, ISO certification languages courses at national and international level. Our positioning statement ‘driving your successes acknowledges PHRN readiness to act in the role of mentor and contributor to the HR profession in general and to the institute membership base.
If what you are looking for is not listed here, give us a call and we can work with you to ensure you get the best solution for your training needs.
Afshan Saeed
Training coordinator
Pakistan Human Resource Network
registration@phrn.org.pk