Budget Management and Cost Control (Full-day training, English) Go back »
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Time2018-06-07 | 09:00 - 17:00
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Venue:European Chamber Beijing Chapter, 4th Floor, Office C411A, Lufthansa Centre
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Address:
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Fee:Members: 2200 RMB |
Non Members: 3300 RMB
Training objectives:
- Budget Management and cost control: How to improve the performance of an Organization?
- Budget and Decision making: Understanding the costs and the pricing
- Budgeting : the process Providing rigorous tools and approaches to measure the effectiveness of expenditures
- Follow up of budget realization and improvement: Accounting for control
- Capital budgeting and Investment decision
Who should attend:
- General Managers, Directors, Top Executives and Experienced Managers
- Business Managers, Department Heads & Line Managers
- Sales & Marketing Managers
- Accountants, Corporate Treasury Managers
- Professionals of any department involved in the budget process
- Any staff with a non-financial background looking to learn the fundamentals of budget and cost control
Course outline:
- More than ever, Executives and managers have to understand how their decisions affect costs and how understanding costs and managing them properly is the way to success in an organization. This one day training “Budget Management and cost control” teaches the basics of financial reports, but above all the fundamentals of management accounting which is considered as the tool to enhance executives and managers ability to take adequate decision in an ever-changing environment. After understanding the basics of management accounting and its link with financial accounting, participants will be explained how to build budgets and implement cost control systems in a company. In the last part of the session, participants will become familiar with the understanding and use of financial accounting information in capital investment decisions.
- The training is based on case studies in order for participants to become familiar with the basic guidance behind budgeting, cost control, valuation and financing of projects. Participants will understand how to build a Master budget and reconcile it with financial statements and beyond that how strategic decisions are linked with the quality of information that will support these strategic plans and decisions made in the company.
Agenda:
08:45 - 09:00 Registration
09:00 - 12:00 Morning Session
12:00 - 13:00 Lunch
13:00 - 17:00 Afternoon Session
For bank transfers, please use BJEVENT0607 as subject.
Terms & Conditions:
Events have limited seating so to ensure your attendance we encourage advance online registration and payment for ALL events. We cannot guarantee entry to anyone not registered in advance.
All our events are held in English and are off-the-record unless otherwise stated.
Cancellation Policy:
If you cannot attend an event for which you have registered, please cancel your registration no later than one business day prior to the event. If you fail to notify us of your cancellation in a timely fashion, you will be charged for event costs.
To cancel you can: 1) email ldu@europeanchamber.com.cn, or 2) cancel online if you registered for the event through the website.
Speakers
Mr. François Bernard
Mr. François Bernard
Corporate Experience
Francois has more than 35 years experience in providing audit services and due diligence assistance to multinationals of different industries including manufacturing companies.
From 1990 to 2004, François was responsible for the international expansion of RSM Salustro Reydel (RSM France). From 2002 until July 2004, he was Chairman of RSM Int, the 6th largest worldwide audit and consulting organisation.
François started to work in China in January 1995 when his firm established a Representative office. In 2000, RSM Salustro Reydel entered into a joint venture with a Chinese CPA firm. François had been the Chairman of this Joint Venture until it was liquidated in August 2006 after RSM Salustro Reydel (RSM France) joined KPMG France.
François was then seconded to KPMG China as Partner until end of 2008.
Consulting, Training & Coaching activities
Francois is the founder and Executive Director of FJA & Partners launched in China in February 2009. Initially, the company did focus on risk management issues considered as a way to develop business and improve business performance and Services to SME’s.
In 2010, based on corporations request for training in Finance and related matters, FJA & Partners launched a new business line dedicated to training under the direct supervision of François.
François has delivered in-house trainings for large European manufacturing companies on “Finance for non financial Executives”, “Financial Accounting”, “Management Accounting” and inter-companies’ trainings on “IFRS”.
Francois is regularly invited by industry associations to speak on the investment environment in China and common issues multinationals face. Among his favourite topics : Governance issues, CSR issues, Ethics and leadership issues, Human Resources issues, Transparency and quality of financial information issues.
François was appointed in April 2015 by the Executive Office of RSM International member of the RSM Global team in China to advise, exchange and develop mutual understanding and business opportunities with the Chinese representative, largest Chinese CPA firm, of RSM Global in China.
His focus is relations and business development between China and Europe.
Before coming to China permanently François had been in charge of the financial audit course in his Business school (MBA program) for eight years.