Featured Speaker: Dr. Rufo R. Mendoza
Former Vice-Chair for Professional Regulatory Board of Accountancy
June 29, 2022
2:00pm – 5:00pm
Regular Rate Php 1,699.00 + VAT starting June 23, 2022
Early Bird Rate Php 1,399.00 + VAT until June 22, 2022
Group Rate Php 1,299.00 + VAT per pax for 5 – 14 pax
Super Group Rate Php 1,099.00 + VAT per pax for 15 or more pax
Inclusive of the Webinar Session and the Digital Certificate
Understanding Budgeting and the Budget Process
We cannot overemphasize the importance of a realistic budget in an organization. As developing the strategic plan has become imperative, translating the said plan into a budget becomes critical. The management of a business cannot achieve the goals and objectives without linking them with the budget.
This webinar provides the foundational topics in budgeting as an area of managing a business organization. It covers the nature, characteristics, roles, and types of budget. It details the approaches, techniques, and processes in budgeting. It allows the participants to understand the contents of the various types of budgets, specifically the operational budget, financial budget, cash budget, and capital expenditure budget.
The seminar will enhance the competencies of those who are responsible for preparing the organizational budget. At the same time, it will provide a strong foundation for those using their company’s budgets as part of the work.
1. What we need to know about budgeting?
- Top 10 reasons why budget and planning stakeholders hate the process
- Common challenges in planning and budgeting
- Tracing the plan-budget linkage
- Nature and roles of a budget
- Types of budget
2. Budgeting Approaches, Techniques and Process
- Budgeting approaches
- Budgeting techniques
- Budgeting process
- Other considerations in budgeting
3. Operational and Financial Budgets
- Operational budget: sales budget, production budget, direct material purchase budget, direct labor budget, manufacturing overhead budget, cost of sales budget operating expense budget, budgeted income statement.
- Financial budget: cash budget, cash receipts schedule, cash disbursements schedule, budgeted balance sheet.
RESOURCE SPEAKER – DR. RUFO R. MENDOZA
- Dr. Rufo R. Mendoza was a member of the Professional Regulatory Board of Accountancy for seven years, where he was the Vice-Chair for three and a half years. He was also the Chair of the PRC’s Continuing Professional Development Council for Accountancy for five years. In his tenure in the BOA, he represented the country in the ASEAN Meetings of Professional Regulatory Authorities for the Mutual Recognition Arrangement on Accountancy Services. He was also the country’s delegate to the APEC Senior Officials Meeting in Accounting Services. He was PICPA’s national awardee as Outstanding CPA in Professional Development in 2008 and Outstanding CPA in Government Service in 2010.
- He has more than 20 years of experience in external audit and internal audit of private businesses. He has 15 years of extensive experience in consulting with international development organizations in the area of public financial management that covers the internal control system, risk management, and internal audit. He was Consultant at World Bank, UNDP, European Commission, Australian Agency for International Development, and United States Agency for International Development.
- He has a master’s degree in development management and a Ph.D. in community development and agribusiness management both from the University of the Philippines Los Baños, where he was awarded membership in three international honor societies.
- He taught in the graduate school of leading universities in the Philippines, including the Asian Institute of Management, Ateneo de Manila University’s School of Government, UP Open University, University of Philippine Los Baños, and De La Salle Lipa.
- Currently, he is a National Capacity Development Expert at the Asian Development Bank.
We can conduct in-house training for the above program for your company to make it more customized to your requirements.
In the same vein, with our battery of seasoned Filipino trainers or speakers, training consultants and facilitators, we can conduct other employee development programs for your people configured to your preferences:
HUMAN RESOURCE or HR
- Basic and Advanced HR
- Recruitment or Talent Selection
- Training or Learning and Development
- Job Evaluation
- Employee Compensation and Benefits
- Labor Law 101
- Flexible Work Arrangements
- Company Policy
- Employee Discipline
- Administrative Hearing
- Job Contracting
- Basic Taxation
- All About VAT
- Withholding Taxes
- Tax Assessment
- Percentage Tax
- Legal Strategies to Reduce Tax
- Handling B.I.R. Audit
- Employee Benefits Tax
- Basic Accounting and Bookkeeping
- Understanding Financial Statements
- Strengthening Your Accounting Systems
- Internal Control
- Accounting for Non-Accountants
- Finance for Non-Financial Professionals
SUPPLY CHAIN MANAGEMENT
- Introduction to Materials Management
- Warehouse Management
- Inventory Planning and Control
- Modern Procurement
- Supply Management
LEADERSHIP, MANAGEMENT OR SUPERVISION
- Basic Leadership and Management Excellence
- Supervisory Leadership Development
- Developing Your Managerial Leadership
- How to Bring Out the Best in People
- Awaken the Sales Champion in You
- Professional Selling
- How to Handle Objections
- 39 Ways to Close More Sales
- Customer Service
- Telephone and Email Etiquette
- Top Techniques to improve Collection
- Work Attitude and Values Enhancement
- Mastering Verbal and Non-Verbal Communication
POWERMAX WEBINARS. As a leading online corporate training provider in Manila, Philippines, Powermax currently offers live webinars which are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site –www.powermax.ph to see our other webinars.
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POWER WEBINARS. Powermax live webinars are designed to give you an incisive insight into a plethora of interesting and relevant topics using Zoom technology. It aims to uncork the latest updates, best practices, useful strategies, and tactics, and/or practical tips and techniques not just to widen your horizon but also to equip you with the essential knowledge and skills. Hopefully, this will also encourage you to register for the other webinars of Powermax. Just visit our site – www.powermax.ph to see our other webinars.
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Thank you and enjoy!
Keep safe and God Bless!