Nov 24, 2015 ... To provide finance and non- finance managers and professionals with practical
and effective skills and knowledge for effective management ...
PwC’s Academy
Essentials of Budgeting & Forecasting for Finance and Non-Finance Professionals Full Day Workshop
Improving performance through effective management and control of budgets
Objective
Benefits of Attending
To provide finance and nonfinance professionals with practical and effective skills and knowledge for effective management and control of budgets and forecasts.
This intensive one-day workshop will equip participants with skills to understand and implement budgets within an organisation. Participants will learn how to prepare and present a proposed budget and then monitor and control actual revenue and expenses against projected revenue and expenses throughout the period.
Who should attend? Finance and non-financial managers and professionals who wish to improve on their planning, controlling and decisionmaking ability such as Executives, Company Administrators & Secretaries, Legal Practitioners, Managers and Company Directors as well as Finance Managers and Finance Officers/Executives.
The training methodology is interactive and the participants will learn by ‘doing’ various exercises and will be assisted by a competent and skilled facilitator to bring these concepts home on a practical level. The following topics will be covered during the workshop: • Budgeting process • Alternative approaches to budgeting • Linking strategy to financial planning and budgeting • Capital budgeting techniques • Best practices in budgeting By the end of the workshop participants will: •
appreciate the strategic planning process and how these are translated into financial plans and budgets
•
understand the basic principles of budget preparation and control and its importance in planning and monitoring
•
be able to prepare various types of budgets and implement budgetary controls by reviewing , reacting and revising the budget
•
understand the importance of coordination in the budget process
•
appreciate why budgets fail and learn the best practices in budgeting
•
be able to communicate with management and the finance function more effectively and confidently
PwC’s Academy
What you will learn? Morning session • Understanding the strategic planning process and how it links to financial planning & budgeting • Cost-Volume-Profit-Analysis • Key essentials of Budgeting & Forecasting • Differences between Budgets and Forecasts • Preparing the budgets – Group activity 1 • Best practices in budgeting Why budgeting fails Top 10 questions that need to be asked
Afternoon session • Recap Quiz • Introducing capital budgeting techniques • Make or Buy – Group activity 2 • Managing your stakeholders and speaking their “language” • Putting it all together – Group activity 3 • Sum up - How to make budgeting a valuable tool for driving your organization’s future and achieving your management goals
Learning Methodology Learning is achieved via real life examples, which reinforces the theory, and a topic-related internationally acclaimed video which successfully simplifies budgeting for the non-financial person. This will be an interactive workshop where there will be group activities and discussions, quizzes and games. Participants will receive a certificate of attendance at the end of the workshop.
About the workshop leader
What past participants say “Trainer was highly engaging and clear.” “Very interesting and able to make sense of the numbers” “Trainer was able to break down difficult concepts into bite size chunks and provided real life examples to help us relate better”
Jerome Song has over 20 years experience in finance and accounting with both local and regional responsibilities. Presently, Jerome is a full-time facilitator within PwC’s Academy in Singapore. He was previously heading the regional finance team of a marketing communications group in Singapore. With a great passion for education, Jerome has conducted training for participants in finance, business management, leadership and communications skills over the past 4 years. Jerome’s international corporate experience helps him connect to the challenges faced by both individuals and teams and is able to bring relevant knowledge and practical experience to the training sessions.
Registration fees (all fees include 7% GST) PwC Clients & Alumni: S$535.00 Public: S$580.00
How to register Register your interest by sending in the attached registration form to
[email protected] . A complete calendar of training courses can also be found on our website www.pwc.com/sg/academy
PwC’s Academy
Registration Form Essentials of Budgeting & Forecasting for Finance and Non-Finance Professionals Fees: PwC clients/alumni - S$535 • Public - S$580 Group discounts of 3 participants & above: 10% Please register the following person/s for the workshop on: □ 21 April 2017, 9 am – 5 pm 1.
□ 29 September 2017, 9 am – 5 pm
Name: Mr/Ms/Mdm ……………………………………………… Designation: ……………………………………………. Email: ………………………………………………………………….. Contact No: ……………………………………………...
2. Name: Mr/Ms/Mdm ……………………………………………… Designation: ……………………………………………. Email: ………………………………………………………………….. Contact No: ……………………………………………... 3. Name: Mr/Ms/Mdm ……………………………………………… Designation: ……………………………………………. Email: ………………………………………………………………….. Contact No: ……………………………………………... Contact Person Name: Mr/Ms/Mdm …………………………………………………… Designation: ……………………………………………. Company: ………………………………………………………………….. Address: ………………………………………………... …………………………………………………………………………………………………………………………………………………… Email: …………………………………………… Contact No.: ……………………………….. Fax: ……………………………. Enclosed is the cheque for S$........... (Cheque no. …………..) made payable to “PricewaterhouseCoopers Risk Services Pte. Ltd” Registration and Payment Registrations can be done by telefax at (65) 6236 3300 but will only be confirmed upon receipt of payment and registration form. Please mail the registration form and payment to 8 Cross Street, Level 10 Mail Centre, PWC Building Singapore 048424 (Attn: Siti/Maimunah, M&C Dept). For registration and enquiries, please call Ms Siti or Maimunah at (65) 6236 3957/3 or email us at
[email protected] In-Company Training This workshop can be presented on-site at your organisationas an in-house programme. For more information and enquiries, please contact Tony Moore at (65) 6236 3155 or email at
[email protected]. Note: • Fees includes 7% GST, refreshment, lunch and seminar kit. • The seminar will be conducted at a dedicated training room in PwC Building or at a venue located near an MRT. • Certificate of Attendance will be awarded on successful completion of the workshop. Cancellation policy: Full payment must be made prior to the seminar. Registered participants will be liable for the full fee even in the event of non-attendance. Upon receipt of registration, any request for cancellation or a replacement must be confirmed in writing at least (7) working days before the seminar and subject to PwC’s Academy’s approval. 10% administrative fee will be imposed for any cancellation or deferment received less than (5) working days before the seminar. PwC’s reserves the right to amend, postpone or cancel the seminar due to unforeseen circumstances.
Tax deduction Companies can claim 400% tax deductions or 40% cash payout of total registration fees under the Productivity and Innovation Credit (PIC) Scheme. Terms and Conditions apply. For more information, please visit the IRAS website at 3 https://www.iras.gov.sg/irashome/Schemes/Businesses/Productivity-and-Innovation-Credit-Scheme/ © 2017 PricewaterhouseCoopers Risk Services Pte Ltd is part of the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
