OBJECTIVE:
The main objective of this workshop is to update the relevant personnel on the emerging trends and technique required for Effective Budgeting and Budgetary Control in Public and Private Sectors. Computer Application in Corporate Budgeting will also be treated. 

CONTENT:

• Budgets as driver of operation
• Types of budgets: Choosing suitable types for your organisation from Line item, output, planning programming Budget System, Incremental budgeting, Zero base budgeting.
• Corporate long term budgets and rolling plans
• Peculiarities of public Sector budgeting
• The role of budgeting and budgetary control in decision making
• Budgeting as a Cost Control Plan.
• Review of previous year’s results
• Scanning the operating environment, SWOT analysis
• Issuing Budget guidelines and Circulars
• Budget Committee meetings and budget defense
• Duties and responsilities of the Board of Directors, The Chief Executive, The Executive Committee, etc
• The Master Budget and its components i.e. operating, Capital, Cash
• Incorporating pre-approval adjustments
• Presentation of draft budget to the budget committee
• Presentation to the Executive Committee
• Presentation of the Board of Directors
• Communication the approved budget to the various functionaries
• Addressing the issue of budget discipline
• Agreeing the budget calendar of activities and deadline
• Peculiarities of approval process in public sector Budgeting role: role of various legislative houses/Senate, the Executive Council, The Executive Governor/President etc.
• Pre-requisite for effective budgeting and budgetary control
• Allocating tasks and responsibilities: Responsibility Accounting
• Budget monitoring and variance analysis.
• Various budgetary control reports for managements action
• Public Sector peculiarities: release of funds via warrants, AIES, cash backing etc. Expenditure and vote control including the treatment of recurrent & returns for recurrent and capital expenditure etc.
• Budgetary control and the feedback loop
• Periodic budgetary review and implementation

THIS WORKSHOP IS DESIGNED FOR:
Directors, Accountants, Auditors Personnel and Amdin. Managers and other Senior Middle Management who perform related functions in the public and private sectors.


WORKSHOP METHOD:
Formal lectures, Group discussions and Case study.

WORKSHOP VENUE:           
Nisrel Training and Conference Center,
Elephant Cement House,
(5th floor, B Wing) Alausa, Ikeja- Lagos.

DATE:6-8th of April & 20-22 July, 2009
                       
FEES: The workshop fee is N55, 500.00 (Forty Five Thousand Five Hundred Naira) only, per participant to cover workshop literature and materials, Executive Bag, Tea/Coffee, Lunch, Photographs, Certificates. Payment may be in cash or Bank draft. Payment may be made before the workshop date or at the venue of the workshop.

DISCOUNTS:
3-5 Participants   5%
Above 5-participants    10%

MODE OF PAYMENTS:
Payments in cash or bank draft should be made to the “Ikeja District Society of ICAN “ and sent to: 
   
The Chairman,
Ikeja District Society,
The Institute of Chartered Accountants of Nigeria,
4, Araromi Street Aniforwose,
P.O BOX 13392, Ikeja.
Tel: 01-8143025 , 01-7943921,07090058765
For In-house training arrangements, please call Francis on 08035062583; 08075486693