Creating a budget is not just an exercise to the managers of the organisation but it is an important tool that helps an organisation make comprehensive plans for its operational and financial goals. It may be used for controlling as well as evaluation purposes as well. Another aspect of budgeting known as Capital budgeting is an appraisal process of projects and investments. It is used to determine if an organisation’s long term investments such as replacement of machinery, research and development projects are worth the funding of cash through the organisation’s capitalization structure.
These are key areas that a modern manager needs to understand the financial implications of their day–to-day decisions and its impact on the business itself. This course adopts a step-by-step approach for participants to understand as well as prepare the operational and financial budgets, as well as to make capital decisions through the use of simple case studies. Throughout the course, the participants may work in groups by way of discussions or activities.
Programme Managers, Programme Co-ordinators, Programme Executives and Case Workers in the Intermediate and Long Term Care (ILTC) sector who may be required to prepare financial budgets at work.
Course Fees: $515.78 (inclusive of 7% GST)
Prevailing course fee subsidy at 90% for Singaporeans/ PRs and 45% for foreign staff working in eligible community care organisations.
Please register for the course via AIC Learning Management System. Go to the following URL: