Effective Budgeting and Cost Control – Finance and Accounting – Istanbul, Turkey
By the end of the program, participants will be able to:See how the budget relates to the key financial statements: balance sheet, income statement, and cash flows. Prepare a budget consistent with the organization strategic plan. Use appropriate estimation techniques in the development of revenue and expense budgets. Identify all the appropriate costs to be included in a capital expenditure proposal. Analyze management cost reports and take corrective action.