Training

Title:	Budget planning for managers
Trainer:	Janis Laufmanis

Benefits for you and your organisation

Budget is integral part of enterprise’s activity planning. Seminar will help you:

• deeper take in a matter the budget drawing process;
• to gain an extra tools for employees’ motivation and business operation controlling.

Goal

To improve participants’ understanding about budget drawing process by demonstrating income and expenditure plan significance of several structural units’ in enterprise’s budget.

Seminar themes

Business operations planning	What is the budget significance in business operation planning?
Enterprise’s budget	What contains budget?
Operative budget drawing	Selling prognoses. Products purchase and manufacture budget. Selling and administration costs budgets
Long-term investments budget drawing
Financial budget drawing	Profit or lost calculation. Cash flow. Balance-sheet
Budget process	What must be taking into account in budget drawing? How to control the budget fulfilment?

Methodology

There are theory and practice balanced in this seminar. Work is in small groups. Participants enter in several roles drawing the budget and making decisions about the necessary corrections.

Participants

Managers and leading employees who are not professionals in the field of finances.

Seminar trainer – Janis Laufmanis, founder and manager of one accountancy company, practicing sworn auditor.

Seminar duration: 8 hours (1 day)