BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1755@x8ti.com DTSTART;TZID=Asia/Riyadh:20260706T090000 DTEND;TZID=Asia/Riyadh:20260710T130000 DTSTAMP:20260208T141851Z URL:https://x8ti.com/event/skills-for-budget-analyst-training-course-2/ SUMMARY:Skills for Budget Analyst Training Course DESCRIPTION:Introduction \nBudgeting is a critical component of financial planning in both the public and private sectors. In the public sector\, bu dgets impact nearly every citizen and form the foundation of government fi scal policy\, guiding future development expenditures. In the private sect or\, budgeting is equally important for businesses of all sizes\, ensuring alignment with strategic plans and continuous financial health.\nLearning Objectives\nThe Budget Analyst Certification Course aims to:\n\n Emphasi ze the importance of budget preparation.\n Critically review assumptions in budget preparation.\n Understand different types of budgets and their appropriate usage.\n Learn to prepare budgets from scratch.\n Differenti ate between capital and revenue expenditures.\n Project various types of expenditures.\n Estimate working capital needs.\n Compare actual results with budgeted figures and conduct variance analysis.\n Understand source s of finance and their utilization based on cost of capital.\n Obtain an overview of financial statements and management reports for performance ev aluation.\n Understand ratio\, horizontal\, and vertical analytical conce pts.\n Prepare forward plans based on interim quarterly and half-yearly r esults.\n Recognize the benefits of an efficient ERP system.\n\nTraining Methodology\nThis course includes:\n\n Lectures\n Seminars &\; Presen tations\n Group Discussions\n Assignments\n Case Studies &\; Functio nal Exercises Xcelerate Training Institute follows the ‘Do-Review-Learn- Apply’ model for effective and interactive learning.\n\nBenefits for You r Organization\nOrganizations will benefit from:\n\n Accurately estimatin g fund requirements and sources.\n Smartly allocating funds among various departments and divisions.\n Maintaining a balance between fund inflows and outflows for healthy liquidity.\n Evaluating financial statements and measuring performance against budgets and historical figures.\n Understa nding budget components with clear distinctions between revenue and capita l expenditures.\n Recognizing cost behavior for better analysis and ident ifying cost-cutting areas.\n\nBenefits for You\nParticipants will gain:\n\ n Key accounting concepts for budgetary planning.\n Skills to differenti ate between cash and accrual accounting.\n Ability to prepare budgets and forward plans based on sound assumptions.\n Expertise in building integr ated financial models\, including cash flow forecasts.\n Thorough underst anding of cost behavior and variance analyses.\n Knowledge of working cap ital components and reducing operating cycles.\n Skills to evaluate finan cial reports and understand information flow within statements.\n Capabil ity to report on KPIs and variance analysis to senior management.\n Under standing of proper budget preparation processes.\n Participation in budge t preparation committees.\n Alignment of planning processes with overall fiscal policies and strategic plans.\n Understanding of various budget ty pes and selecting the most suitable one for the organization.\n\nTarget Au dience\nThis course is ideal for:\n\n Budgeting and planning personnel\n Revenue department personnel\n Chief Executives\n Financial Controllers \n Departmental Managers\n Internal Auditors\n Data Analysts\n Risk Of ficers\n\nCourse Outline\nIntroduction to Budgeting and Financial Statemen ts\n\n Planning and Budgeting Concepts\n Budget Methodologies\n Risk\, Uncertainties\, and Assumptions\n Sensitivity Analysis\n\nDifferent Appro aches to Preparing Budgets\n\n Preparation of Master Budget\n Fixed vs. Flexible Budgets\n Quarterly Reviews\n Forward Planning\n Budget vs. Ac tual Comparison\n Zero-Based Budgets\n\nBudget Preparation\n\n Accountin g Conventions\n Accounting Policies\n Revenue Recognition\n Cash vs. Ac crual Accounting\n International Accounting Standards (IAS)\n Internatio nal Public Sector Accounting Standards (IPSAS)\n WorldCom/Enron Scandals\ n\nFinancial Modelling\n\n Components of Financial Reports\n Balance She et\n Profit &\; Loss Statement\n Statement of Cash Flow\n Statement of Changes in Equity\n Accompanying Notes to the Accounts\n\nControlling and Analyzing Budgets\n\n Market Trends and Analysis\n Ratio Analysis\n Vertical and Horizontal Balance Sheet &\; P&\;L Statements\n Varia nce Analysis (Price\, Quantity\, Mix Variance)\n\nCost Accounting\n\n Tot al Absorption Costing\n Marginal Costing\n Contribution Margin\n Break- even Analysis\n Sensitivity Analysis\n\nSources of Finance\n\n Equity an d Debt Financing\n Gearing Ratios\n Cost of Capital\n Weighted Average Cost of Capital\n Decisions Regarding Dividend Payments\n\nWorking Capita l Control\n\n Inventory Control\n Accounts Receivable\n Accounts Payabl e\n Reconciliation of Sub-ledgers\n Other Current Assets &\; Liabilit ies\n Tax and Deferred Taxation\n\nPublic Sector Development/Capex\n\n C apital Investment Appraisal\n Return on Investment\n Payback Period\n N et Present Value\n Internal Rate of Return\n Public/Private Partnership Projects\n\nEnterprise Resource Planning (ERP)\n\n Sales\n Bill of Mater ial\n Material Management\n Procurement\n Production\n Integration wit h General Ledger\n CATEGORIES:Accounting & Finance LOCATION:http://online END:VEVENT BEGIN:VTIMEZONE TZID:Asia/Riyadh X-LIC-LOCATION:Asia/Riyadh BEGIN:STANDARD DTSTART:20250706T090000 TZOFFSETFROM:+0300 TZOFFSETTO:+0300 TZNAME:+03 END:STANDARD END:VTIMEZONE END:VCALENDAR