Budgeting, Forecasting & Control Training Course in Bahrain

With our Budgeting, Forecasting and Control Training Course in Bahrain, you can excel at organisational planning and budgeting. Our training is meant for accountants and upper management. We support professionals in improving their controls and performance. Participants in this course will also learn how to develop capital budgeting viability models. They will be skilled in forecasting, budgeting procedures and building dynamic budget models by the end of this course.

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Accredited By

  • 24 Hours Training
  • Online / Classroom / Onsite
  • 27 Jul, 2024 / 27 Jul, 2024
  • Additional Program Dates
  • 100K+ Happy Students

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What is The Budgeting, Forecasting & Control Training Course in Bahrain All About?

The Budget and Forecasting Training Course in Bahrain is developed for professionals who want to improve their budgeting and forecasting skills. Through both offline and online lectures, it provides a comprehensive understanding of the complete budgeting process. Candidates learn how to apply world-class standards to an organisation's planning, budgeting, performance measuring and reporting procedures.

Why is The Budgeting, Forecasting & Control Training Course in Bahrain Important?

The Budgeting, Forecasting & Control Training Course in Bahrain is important for getting trained in forecasting, planning and budgeting processes. Participants learn how to manage budgets and expenses aligning with the company’s goals. By the end of this course, they will have a competitive advantage and will be able to find high-paying jobs in a range of industries.

How Does a Budgeting, Forecasting & Control Training Course in Bahrain Help You Get Hired by Companies?

Companies require people who have completed a Budgeting, Forecasting and Control Training Course in Bahrain. In an extremely competitive market, a skilled professional can forecast market demand for their goods and services and succeed. They also offer solutions for organisational development and success. These experts are a great resource for businesses and are very well-paid.

Industry Trends

When making decisions, businesses benefit from budgeting and forecasting. The budgeting and forecasting profession has evolved from modern industry trends like digitalisation, automation and globalisation. Therefore, budgeting professionals are in high demand in the job market.

Market trends

The Budgeting and Forecasting market is expected to rise dramatically between 2021 and 2026. A Modern Finance Forum survey found that 38% of businesses witnessed an increase in income after implementing budgeting, forecasting and control methods. This indicates that professionals in this field will have a lot of opportunities.

Salary Trends

According to a report from the U.S. Bureau of Labor Statistics, hiring for budget analysts is expected to increase by 5% between 2020 and 2030. As the need for qualified and licensed professionals grows, companies are offering greater salaries. In Bahrain, a Budget Analyst earns an average monthly salary of around 1,790 BHD.

Demand & Opportunities

Over 139,314 companies worldwide hire individuals who have completed the Budget and Forecasting Training Course in Bahrain. This helps trained professionals have an easier time accessing these opportunities.

The major job roles for which a Certified Budgeting, Forecasting and Control Professional can apply are as follows:

  1. Financial Analyst
  2. Budget Manager
  3. Financial Controller
  4. Business Consultant
  5. Risk Analyst
  6. Treasury Manager

Course Outcome

Successful completion of the Budgeting and Forecasting course can help you to:

  • Understand the best financial management practices and principles
  • Explain the importance of budgeting within a strategic framework
  • Build a robust budgeting process within an organisation
  • Forecast future performance by analysing revenue and cost drivers
  • Use effective variance reporting to track organisational performance

Course Module

  • The Budgeting Process
  • Budgeting in a Business
  • The Role of Budget in Corporate Governance
  • Sources of Information
  • Planning and Building the Budget
  • Where to start?
  • Key Accounting Concepts
  • Forecasting Revenue
  • Types of Costs
  • Overview of the Budgeting Process and Model Considerations
  • Types of Budget Models
  • Short-term & Long-term Models
  • Upstream vs. Downstream Models
  • Model Design & Planning
  • Best practice Design guidelines
  • Budgeting vs. Forecasting
  • Planning the Model
  • Bottom-up Budget Models
  • Model Development Framework
  • Zero-based Budgeting & Cost Drivers
  • Rolling (dynamic) Budgets
  • Building Flexibility into Time Series Analysis
  • Capital Budgeting
  • Cash Budgeting
  • Determination of Model and Forecast Scope and Time Horizons
  • Control
  • Using Cost Information for Management Control
  • Optimise Planning of Resources to achieve Budgeted Targets
  • Measure and Evaluate Performance against Forecasts
  • Recent Developments in the Budgeting and Planning Process (balanced scorecard, value chain analysis, and others)

Program Dates

27 Jul
  • 11:00 AM
  • Sat
  • Online Live
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Expert Instructors & Teaching Methods

Dr Srinivas is a leading industry professional in the field of finance and accounting. He is an established corporate trainer with demonstrated experience in his field. He is the holder of some of the world’s most valued professional credentials such as CMA, CPA, PMP, CCA, CFE, etc. He has an extensive educational background as well in finance which establishes his mettle in designing, developing and delivering excellent training programs. His training records mark exceptional results in guiding and teaching professionals of all experience levels and from diversified backgrounds. He integrates his excellent presentation skills with the knowledge of educational theories and methodologies to provide onsite and virtual training that is of unparalleled quality. His high community services contribution also ascertains his commitment to training potential aspirants to become tomorrow’s professionals.

Education

  • ⦾ Ph.D. in Management, 2018 (Provisional yet to be received) OPJS University, India
  • ⦾ M.Sc. in Applied Psychology 2016, Bhartiyar University, India
  • ⦾ MBA in Finance 2012, Nagarjuna University, India
  • ⦾ LLB 1998, Osmania University, India
  • ⦾ M.Com 1994, Osmania University, India
  • ⦾ B. Com 1990, Osmania University, India

 

Professional Qualifications

 

  • ⦾ Certified Public Accountant, (CPA), The American Institute of Certified Public Accountants, U.S.A
  • ⦾ Certified Management Accountant, (CMA), The Institute of Management Accountants, USA
  • ⦾ Certified Fraud Examiner, (CFE), Association of Fraud Examiners, USA
  • ⦾ Certified Cost Accountant (ICWA-Inter), The Institute of Cost and Works Accountants of India, India
  • ⦾ Project Management Professional (PMP), Project Management Institute

Dr. Srinivas, PhD, MSc, MBA, LLB, CMA, CPA, PMP

Why Count on Learners Point?

Being the leading providers of Budgeting, Forecasting & Control Training Course in Bahrain, at Learners Point we help professionals master the necessary skill sets and experience to attain Budgeting and Forecasting certification.

Following are the USPs our Budget and Forecasting Training Course in Bahrain offers you:

  • We look at real-world scenarios organisations face and formulate our Budget and Forecasting training as per practical requirements
  • We also focus on practical case studies to give you a realistic perspective on what you will be asked to do while in a demanding job
  • Our bespoke Budget Management course also equips you with hands-on experience by offering assignments related to the actual work environment
  • Apart from organising group sessions, we also offer one-to-one sessions to enhance the quality of our Budgeting and Forecasting training program
  • We also take a discrete approach to career guidance so that one can be successfully placed as a professional

Learners Experience

“Investing in this course at LPA was beneficial. After finishing the training, I feel more confident with my newfound skills and knowledge. It is a value-for-money course.”

Isa Zainal

Financial Controller

“The course is extremely good. The training has exceeded my expectations. Their learning environment is very nice and the trainer is also very good. Highly recommend it.”

Amani Almosawi

Treasury Manager

“My overall experience in the Budgeting, Forecasting and Control Training Course in Bahrain at Learners Point was very good. I enjoyed my training and learnt a lot. Also, after completing the course, I got recruited as a Budget Manager in a company.”

Sherif Jaffar

Budget Manager

“I recommend Learners Point Academy for this course as the training is very flexible and covers all the important topics. The live interactions were very helpful to brainstorm our knowledge and ideas.”

Shaima Farooq

Financial Analyst

“The course is highly beneficial to learn the latest methods and systems of budgeting and forecasting. I received a lot of guidance and help from my trainer. The study materials were also to the point.”

Karim Rahimi

Business Consultant

Our Graduates

Our graduates are from big companies, small, companies, they are founders, career changers and life long learners. Join us and meet your tribe!

FAQs on Budgeting, Forecasting & Control Training Course in Bahrain

Anyone who has a strong knowledge of accounting concepts and financial principles can apply for the Budget and Forecasting Training Course in Bahrain.

The Budget and Forecasting Training Course in Bahrain is delivered in two languages - Arabic and English.

At Learners Point, if a participant doesn’t wish to proceed with the Budget and Forecasting Training Course in Bahrain after the registration due to any reason, he or she is liable for a 100% refund. However, the refund will be issued only if we are notified in writing within 2 days from the registration date. The refund will be processed within 4 weeks from the day of exit.

After finishing the Budget and Forecasting Training Course in Bahrain, you can expect the following job roles:


1)Financial Controller
2)Financial Analyst
3)Budget Manager
4)Risk Analyst
5)Business Consultant
6) Treasury Manager
Learners Point offers 3 types of Budget and Forecasting Training Course classes in Bahrain. Students can choose from one of the following:


1)One-on-one training sessions
2)Instructor-led classroom-based group coaching
3)High-quality live and interactive online sessions
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