Introduction
Budgetary Control is an effective technique to pave a way for maximizing profit through best utilization of resources of an organization. Under Corporate structure, Board Members are responsible for the overall growth of the enterprise while the business is managed by senior Management Team. Budgetary Control is a tool which can facilitate the Board to communicate the deliverables and monitor the progress of senior Management Team in achieving the ultimate objective of the enterprise. It also helps to run the business in line with well-groomed plans and unforeseen surprises are avoided thereby.
Contents
- Introduction to Budgetary Control, its advantages; Features of Budgets and its administration;
- Budget approach: Top down and bottom up; Fixed budget, flexible budget, zero-based budgeting;
- Budget preparation activities; Budget procedures: preparation, review, approval, monitoring, accountability;
- Various components of Annual Budget; Preparation of Sales Budget, Production Budget, Overhead budgets, cash budget etc.;
- Trackers and follow through budget milestones; Determination of variances and taking corrective measures;
- Preparation of Master Budget; Question and Answer session.
Facilitators
This workshop will be conducted Mohammad Zahid Hossain FCA, ACA (ICAEW), ACMA, CGMA, CPA (Aust.), Former Group Chief Financial Officer, Rahimafrooz Bangladesh Limited and Board Member of BAPEX. During his long professional life of more than 18 years, he worked under various capacities in different National and Multinational companies. He conducted many training session based on the need of Conglomerates and NGOs. Having a strong business background, Mr. Hossain win immediate creditability of the participants of his training sessions.
Fee
Tk. 3,000/- payable in favour of ‘Dhaka Chamber of Commerce & Industry’ by EFT/ Pay Order/ Cheque/ Cash deposit to bank. Course fee includes refreshments, lunch, stationery, learning materials and excludes VAT and Tax. Admission would be confirmed to candidates on payment of course fee.
Procedures
The applicant may collect Registration Form from DBI Office and submit the completed form to the same office. Furthermore, an online version of the Registration Form is available for online submission (link: https://forms.office.com/r/CkFLx5i3Bq). For more information, please contact to DBI, Cell & WhatsApp # 01913745062/ 01766018659 & IP Phone: +88 09666888555; Ext. 1015/1014; 88 09666319653; T&T: +88 02 47122986 Ext. 282, E-mail: dbi@dhakachamber.com
Certificate
Certificate will be awarded signed by the Secretary General (Acting), DCCI and the President, DCCI.