Indepthresearch
outreach@indepthresearch.org
  + 254 20 211 3814 | +254 731 240 802
   +254 735 331 020 | +254 715 077 817
Westlands, Rhapta Road
Njema Court, Suite R2
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Effective Budgeting Skills Course

INTRODUCTION

In this course you will obtain insights into S.T.R.A.T.E.G.I.C budgeting, with each letter reminding you of a core budgeting principle in the public sector. Because budgeting is at the core of control and coordination of resources, it is fundamental to the strategic outcome of any organization. Moreover, budgeting in the public sector has moved towards a more performance-informed budgeting system, which is not just a simple allocation of funds but an exercise where strategic interests are considered and budgeting principles adhered to. You will learn how to put budgeting principles into practice. Interesting case studies illustrating this will be used to make your learning even more relevant to your job.

FOR WHOM THE COURSE IS RELEVANT

This budgeting training is designed for managers and professionals in financial and non-financial roles who have responsibility for financial matters and those who need to know more about finance to improve their planning, costing and budgeting skills.

DURATION

2 days

OBJECTIVES

By the end of this course, you will be able to:

  • Have a good understanding of budgeting, its purpose and the different types of budgets
  • Gain insights into the principles of a good budget
  • Apply the relevant tools and techniques when doing budgeting for both the organization and department

COURSE OUTLINE

  • Overview of Budgeting
    • What is budgeting
    • Purpose of budgeting
    • Types of budgets
    • S.T.R.A.T.E.G.I.C. Principled Budgeting
    • S – Systematic
    • T – Time-bound
    • R – Resource sensitive
    • A – Achieve results
    • T – Timely review and monitoring
    • E – Engage the stakeholders
    • G – Guide
    • I – Integrity and accountability
    • C – Cost management
  • A Look at International Budgetary Frameworks
    • Commonalities
    • Differences
  • Essential Budget Tools & Techniques Supporting S.T.R.A.T.E.G.I.C. Budgeting in the Public Sector
    • Common budgeting issues in the public sector
    • Common budgeting questions answered
    • Common mistakes in public sector budgeting
    • Common budgeting myths addressed

METHODOLOGY

The instructor led trainings are delivered using a blended learning approach and comprises of presentations, guided sessions of practical exercise, web based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields.

All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.

ACCREDITATION

Upon successful completion of this training, participants will be issued with an Indepth Research Services (IRES) certificate.

TRAINING VENUE

The training is residential and will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, lunch, and study visits.

All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.

ACCOMMODATION

Accommodation is arranged upon request. For reservations contact the Training Officer.

Email: outreach@indepthresearch.org.

Mob: +254 715 077 817.

Tel: 020 211 3814.

PAYMENT

Payment should be transferred to IRES account through bank on or before C.O.B 14th August 2017.

Send proof of payment to outreach@indepthresearch.org.

CANCELLATION POLICY

Payment for the all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

  1. Participants may cancel attendance 14 days or more prior to the training commencement date.
  2. No refunds will be made 14 days or less to the training commencement date. However, participants who are unable to attend may opt to attend a similar training at a later date, or send a substitute participant provided the participation criteria have been met.

TAILOR- MADE

This scheduled course can also be tailored for your organization. To find out how our tailor-made training can help your organization, call our team on

Mob: +254 715 077 817, +254 735 331 020, +254 731 240 802.

Tel: 020 211 3814.

Please Note: The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

Event Properties

Duration 2 Days
Event Date 21-08-2017
Event End Date 22-08-2017
Cut off date 14-08-2017
Individual Price (Kenyan) KES 24,000.00
Individual Price (International) EUR 405.00
Individual Price (International) USD 440.00
Location Nairobi, Kenya

Group Tariffs

Group Size Kenyan Rate Per day (KES) International Rate Per day (USD/EURO)
6-10 95,000.00 $ 1,118.00
€ 1,018.00
11-15 146,250.00 $ 1,721.00
€ 1,567.00
16-20 191,250.00 $ 2,250.00
€ 2,048.00
21-25 230,000.00 $ 2,706.00
€ 2,463.00
26-30 262,500.00 $ 3,089.00
€ 2,811.00
30-50 309,825.00 $ 4,556.00
€ 0.00
3-5 62,500.00 $ 736.00
€ 670.00
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