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PRACTICAL BUDGET PLANNING AND CONTROL

Practical Budget Planning and Control 

May 27-28, 2017

This budget management course is for everyone struggling to put together and manage a budget. It takes practical, hands on, straightforward approach to budget making and will give invaluable tools and techniques to help you develop and control your budget.

Course structure 

The certificate course in Practical Budget Planning and Control spent approximately 16 hours, OR is offered a 2-day period. The course is based on a practical, participatory, active learning approach, group discussions. An Action Guide for this course, by Mr. Neou Seiha, a Board Member and Chief Finance Officer of WEG Group Co,. Ltd. Participants will receive a Certificate of Participation upon successful completion of the course. The maximum number of participants is 20.

How you will benefit 

Upon the completion of this two-day training, participants are expected to:

  • Focusing on your budget and budgeting skills. 
  • Looks at the elements of a budget, what to understand before you to start to plan the budget,
  • Different ways of assembling a budget and how to avoid the common pitfalls. 
  • Look at the tools used to manage a budget and
  • Help you to understand the paperwork produced and used in your company/institution/organization.

What you will cover  

  • Definition and purpose of a budget
  • Budgeting approaches and techniques: incremental budgeting, zero based budgeting
  • Common pitfalls in the budgeting process and how to avoid them
  • Budget preparation: revenue, cost, capital, cash, and budgeted financial report
  • Practical tips for preparing an effective budget
  • Budget presentation: what you need to be able to answer
  • What to look for when you get your monthly management accounts
  • Budget monitoring and evaluation: How to manage, control, and monitor the budget
  • Investigating differences from the budget
  • Avoiding overspend and getting back on budgeted track.

Our Trainer Profile

Mr. Neou Seiha

Board Member and Chief Finance Officer of Westline Education Group Co, Ltd 

Mr. Neou Seiha is an economist, specialized in finance, modeling, research and project management. He has his bachelor degree in Economics and Management, and his master of Econometrics and Economics   specializing in Informative Engineering to the Decision and to the economic Assessment, from University of LUMIERE LYON II, France.

 

He has in-depth experience in finance especially cash flow management and financing, economics analysis, research, and project management. Currently he sits as a board member and works as Chief Financial Officer of Westline Education Group. In this position, he produces, implements, and monitors the10-Years Business Financial Plan and Annual Financial Plan of the Westline Education Group.

He was a research manager and deputy of executive committee of Economic Institute of Cambodia, where he served as a well-known Cambodian economist and the main author of bi-annual publication “Cambodia Economic Watch”. In this position, he monitored economic modeling and forecasting, and managed research project planning, staff, and budgeting. Since 2006, Mr. Seiha has done research and produced publications of many projects.

Who should attend?

This budget management skills course is for managers who need to set and manage budgets but don't have the expertise or specific training in this area of finance. For anyone without finance background who wants to learn about budgets in plain English!

Location & Fee

  • Venue: EDI Training Center, Phnom Penh
  • Fee: USD230 (VAT = 0% for training and education)
  • Early Bird Registration: USD 190 ( Registerred 10 day before the course start) 
  • The Fee Includes: Refreshment, Materials and Certificate of Participation

How to register Enroll in the course

Other Available Training Courses

Educational Development Institute
#22, St. 51-154, Sangkat Phsar Thmei III, Khan Daun Penh, Phnom Penh.
Tel: 023 966 967/ 015 728/ 071 34 5555 4 / 096 555 99 88 / 089 65 98 96
Email: training@edi-cambodia.or / admin@edi-cambodia.org 

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