Seminal Goal:
The economic survey of the annual budget, the implementation process and monitoring of deviations must be based on data reflected in the books of the company and not on off-balance sheet statements. It aims to documented and documented monitoring of the process of budget execution and decision making in a structured and comprehensive way.
Methodology:
Theoretical and practical training in the preparation of right and efficient balance sheets.
Target:
It aims at managers and executives in organizations and to enhance understanding of key financial figures of the company and to support the decision making.
Program Summary:
- Company Model-Company Organization
- Basic principles of the annual budget creation
- Organizational structure of the company-Creation of cost centers (main-helper)
- Costs distinction into fixed and variable
- Employment rate of cost centers
- Creation of accounts’ plan for budget monitoring-Content of accounts
- Assembly of the corresponding accounts (practical model)
- Design of information statements models of the company
- Check of deviations of budget-report