Drafting HR Policies and Employee Handbook
Date: 23 - 24 Nov 2026
This 2-day intensive course will guide you to develop clear, comprehensive, and legally compliant…
Overview
In today’s increasingly complex and uncertain business environment, organisations require effective management tools, financial techniques, and analytics to support sound decision-making and sustainable business performance. Strategic planning plays a critical role in establishing priorities, defining organisational goals, and developing strategies to achieve desired outcomes. Effective budgeting complements this process by enabling managers to plan activities, allocate resources efficiently, and translate strategic objectives into actionable financial plans. At the same time, robust cost control is essential for optimising resources, improving operational efficiency, and maintaining financial sustainability. This programme provides participants with a practical understanding of strategic planning, budgeting, cost control, and relevant financial analytics for business planning and management. Participants will develop essential skills in financial modelling, financial analysis, budgeting, forecasting, and performance evaluation, enabling them to make informed financial decisions. Through practical guidance and relevant financial analytics, participants will learn to develop, implement, monitor, and evaluate effective business plans while responding strategically to changing business conditions.
Programme Outline
Day 1: Strategic Business Planning & Budgeting Fundamentals
- Introduction
- 5 Steps of Strategic Business Planning
- Improving Financial Literacy for Effective Business Decision
- Budgeting Process & Cycle
Day 2: Cost Control & Financial Analysis
- Cost Control
- Capital Expenditure Budgeting and Analysis
- Cost-Volume-Profit Analysis (CVP)
Learning Objectives & Outcomes
- Understand the importance of linking an organization’s budget with its strategic plan.
- Demonstrate how budget relates to the key components of Financial Statements and their respective financial analytics: Balance Sheet, Income Statement, and Cash Flow Statement.
- Prepare the key elements of an operating and capital budget and evaluate the different budgeting techniques used.
- Apply cost control using financial analytics as tools to analyse and manage budget variance reports for immediate corrective actions.
- Calculate different capital budgeting evaluation techniques for effective capital expenditure management.
- Utilize cost-volume-profit analysis as important financial analytics in making budgeting decisions.
Who Should Attend
- Finance Managers & Department Heads.
- Accounting & Costing Professionals.
- Non-Finance Professionals with Budget Responsibilities.
- Managers Involved in Strategic Decision-Making.
- Professionals Involved in Financial Planning & Business Management.
