Mr. Aaron Escartin

Featured Speaker: Mr. Aaron Escartin, CPA
Partner – Tax Reporting and Operations, SGV

May 23, 2024
2:00 PM – 5:00 PM

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ONLINE
REGULAR RATE      Php 1,699.00 + VAT starting May 17, 2024
EARLY BIRD RATE  Php 1,399.00 + VAT until May 16, 2024
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
BIRTHDAY MONTH PROMO – Free Seat  Register within Your Birthday Month with at least 2 Paid Pax @Php1,699.00+ VAT per pax  Must present proof of date of birth

JOIN NOW PAY LATER PROMO   Pay After 30 Days from the date of the Masterclass @ Php1,899.00+ VAT per pax

Inclusive of the Masterclass Session, the presentation materials and the Digital Certificate.
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Effective Budgeting Practices:
From Theory to Application

PROGRAM OVERVIEW
Budgeting is fundamental to effective organizational management, providing a strategic roadmap for financial decision-making aligned with organizational goals. In today’s dynamic business environment, mastering budgeting processes is essential for professionals across various roles. “Mastering Budgeting and the Budget Process” is a comprehensive program aimed at equipping participants with the knowledge and skills necessary to excel in budgetary planning and execution.

Through a series of structured modules, this program explores the core principles of budgeting, addresses common challenges, and offers practical insights into budgeting approaches, techniques, and processes. Participants will develop a deep understanding of operational and financial budgets, enabling them to interpret budgetary data effectively and make informed decisions to drive organizational success.

Designed for everyone involved in budget planning, preparation and management, this program provides a unique opportunity to enhance competencies and expand skill sets in budget management. Whether responsible for preparing organizational budgets or utilizing budgetary information in their roles, participants will gain valuable insights and practical strategies to optimize budgeting practices and achieve financial objectives.

KEY AREAS OF FOCUS
I. Introduction to Budgeting
   A. Significance of Budgeting in Organizations
1. Exploring the strategic planning-budgeting nexus
2. Aligning goals and objectives with budgetary planning

   B. Nature and Role of Budgets
1. Understanding the functions of budgets in organizational management
2. Identifying types of budgets and their characteristics

II. Challenges and Considerations in Budgeting
   A. Common Challenges in Planning and Budgeting
1. Addressing obstacles and pitfalls in the budgeting process
2. Managing stakeholders’ concerns and expectations

B. Aligning Plans with Budgets
1. Understanding the integration of strategic plans and budgets
2. Ensuring coherence and consistency in budget projections

III. Budgeting Strategies, Methods, and Procedures
   A. Budgeting Methodologies
1. Exploring various approaches to budget formulation
2. Evaluating the suitability of different methodologies

B. Effective Budgeting Techniques
1. Utilizing tools and methodologies for budget preparation
2. Improving accuracy and efficiency through best practices

C. Overview of the Budgeting Process
1. Understanding the step-by-step process of budget development
2. Implementing controls and checkpoints for effective budget management D. Additional Considerations in Budgeting
3. Incorporating flexibility and adaptability into budget frameworks
4. Addressing dynamic factors influencing budgetary decisions

IV. Budgeting for Operations and Financial Management
   A. Operational Budget Components
1. Exploring components such as sales, production, material purchase, labor, overhead, and expenses
2. Interpreting budgeted income statements for operational planning

B. Financial Budget Structure
1. Understanding components such as cash flow, receipts, disbursements, and balance sheet
2. Analyzing budgeted balance sheets for financial forecasting 

Featured Speaker – Mr. Aaron Escartin, CPA

• Mr. Aaron Escartin, or “Ace” to hs friends, is a Certified Public Accountant
• He was the 6th placer in the May 1996 CPA Licensure Examination
• He is a partner in SGV’s Tax Services Practice, focusing on Global Compliance and Reporting (GCR)
• A country leader in Accounting Compliance & Reporting (ACR) and Payroll Operate Services (POS)
• Recognized as one of the 10 Ernst & Young Chairman Values Champions in the Far East Area in 2007 and received SGV Special Award in 2006 & 2007
• More than 20 yrs (12 yrs as Partner) of Public Accounting experience in the Philippines
• Handles tax due diligence review, tax planning, tax compliance review, business tax compliance, among others.
• Clients include telecommunications (both wireless & fixed line), broadcasting, consumer products, automotive, business process outsourcing, semiconductors, manufacturing, water & electric utility, trading, hotels, real estate, oil & gas, & various service companies
• Currently taking Doctor of Business Administration (DBA) at Aston Business School, Aston University, United Kingdom
• Took up MSc in International Accounting and Finance – Strategic Finance in Practice – with Meritt, University of Liverpool, United Kingdom, July 2020
• MBA, Silver Medalist, De La Salle University Manila – June, 2001
• Bachelor of Science in Accountancy, Cum Laude, Univ of the Philippines Visayas, Iloilo City, November 1995
• Former President of Phil Institute of Certified Public Accountants (PICPA)

In-House Training

We can conduct in-house training for the above program, ITR Preparations, Disclosures and Other Important Considerations, for your company to make it more customized to your requirements. Likewise, we can run other programs on Taxation.

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
• Onboarding
• Training or Learning and Development
• Job Evaluation
• Employee Compensation and Benefits

LABOR LAW

• Labor Law 101
• Flexible Work Arrangements
• Company Policy
• Employee Discipline
• Administrative Hearing
• Job Contracting

TAXATION

• Basic Taxation
• All About VAT
• Withholding Taxes
• Tax Assessment
• Percentage Tax
• Legal Strategies to Reduce Tax
• Handling B.I.R. Audit
• Employee Benefits Tax

ACCOUNTING

• 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

SALES

• Awaken the Sales Champion in You
• Professional Selling
• ExSELLence
• How to Handle Objections
• 39 Ways to Close More Sales

OTHER PROGRAMS

• Customer Service
• Telephone and Email Etiquette
• Top Techniques to improve Collection
• Work Attitude and Values Enhancement

IMPORTANT REMINDERS

POWERMAX MASTERCLASS.  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.

LIMITED SLOTS. Limited slots are available. To avoid last-minute delays and inconveniences, we advise you to please register at the latest two days or one day before the webinar event.

REGISTRATION. You must register or be registered by someone else to be able to join our webinars.  Webinar access links are strictly sent through email therefore make sure you indicate the right email addresses for the participants. Please indicate how many participants you wish to include before hitting the REGISTER NOW button.

CHECK OUT. When you go to the Checkout Page, double-check the number of participants you have to register, if you change your mind or wish to make last-minute adjustments, do not forget to update your cart by clicking the UPDATE CART button.  Once everything is final, you may now click the PROCEED TO CHECK OUT button.

BILLING DETAILS AND THE NAMES OF THE PARTICIPANTS. On the upper portion, you have to enter your details (esp. your email address) as the one paying for the registration. Underneath, you have to enter the details (esp. the email addresses) of the participants you wish to join the webinar.

PAYMENT

POWERMAX provides three (3) payment options:
(1) Bank Deposit/Online Bank Transfer
(2) G-Cash
(3) PayPal/Credit or Debit Card Through PayPal

Bank Deposit or Online Bank Transfer / G-Cash
If you choose Bank Deposit/Online Bank Transfer or G-Cash, you have to send the proof of payment to info@powermax.ph.

IMPORTANT:  Proof of payment must be sent to info@powermax.ph.  Failure to send the proof of payment to info@powermax.ph means the participants will not receive the webinar links even if the proof of payment is sent to other contact details of Powermax or its representatives (e.g., Facebook, Messenger, Viber, other email addresses, etc.).

Payment Through PayPal
If you choose to pay for your registration using PayPal you may do so.  Please take note that PayPal also accepts Debit Cards and Credit Cards bearing the VISA and Mastercard logo. Unlike the Bank Deposit/Online Bank Transfer, the PayPal process automatically updates our system to issue the participants their access to our webinars.

MASTERCLASS ACCESS LINKS.  Once payment is made and verified, we can activate the spot on the webinar then we can send the webinar access links to the email addresses of the participants – this only goes with Bank Deposit/Online Bank Transfer / G-Cash.  However, for payments made using PayPal, the activation process is automatic. Note that your webinar access link cannot be shared with anyone else.  If you cannot attend on the date and time of the webinar kindly advise us at the latest one day ahead.

POWERMAX MASTERCLASS.  As a leading corporate training provider, 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.

A PLEASANT MASTERCLASS EXPERIENCE

To ensure a pleasant webinar experience, we recommend to registrants to:

1. Download and install the Zoom application beforehand
2. Ensure that there is a proper internet WIFI connection
3. Use a working webinar streaming device.

TERMS AND CONDITIONS

1. Definition of Terms
   • REGISTRANT – The person who has registered himself or other people for a webinar of Powermax
   • ENROLLEE(S) – The person(s) registered by the REGISTRANT
   • PAID REGISTRANT – The registrant who has paid in full for the registration of the ENROLLEE(S)
   • ATTENDEE(S) – The enrollee(s) who has / have actually attended the webinar
2. The Official Receipts will be made available for pick up at the office of

Powermax Consulting Group. If you need a soft copy, we can take a picture of it and send you a copy online. However, if you want the physical copy delivered to your office, you can arrange with and pay for a local courier service like Lalamove or Grab Express.

3. Sharing of the presentation materials depends on the webinar speaker.

(a) Some speakers willingly share their materials while others don’t.
(b) For the speakers who are willing to share their presentation materials

• Some prefer that the materials be sent in advance while others prefer that they be sent after the webinar
• Some prefer that the handouts to be given to the attendees are different from the PowerPoint files that they use and will not share the PPT files

Powermax cannot guarantee that the presentation materials of each webinar will be shared, or shared in advance, or will be the same as the PPT file of the speaker.

4. By joining the webinar of Powermax, you consent to interviews, photography, chat recording, audio recording, video recording and its / their release, publication, exhibition, or reproduction to be used for news, web casts, testimonials or promotional purposes, telecasts, advertising, inclusion on web sites, or for any other purpose(s) that Powermax, its vendors, partners, affiliates and/or representatives deems fit to use. You release Powermax, its officers and employees, and each and all persons involved from any liability connected with the taking, recording, digitizing, or publication of interviews, photographs, computer images, video and/or or sound recordings.
5. Attendees are not allowed to do any form of video, image or audio recording during the webinar unless with the express permission of the speaker and the management of Powermax Consulting Group.
6. By entering the event premises (conference venue or Zoom meeting platform), you waive all rights to any claims for payment or royalties in connection with any exhibition, streaming, webcasting, televising, or other publication of these materials, regardless of the purpose or sponsoring of such exhibiting, broadcasting, webcasting, or other publication irrespective of whether a fee for admission or sponsorship is charged. You also waive any right to inspect or approve any photo, video, or audio recording taken.
7. Your registration fee entitles your enrollee(s) to a slot in a webinar you have paid for but no record of the video of the webinar will be shared.
8. If an enrollee fails to join the webinar because Powermax fails to give the webinar link, the payment of his / her REGISTRANT will be refunded in full or if the REGISTRANT prefers, the payment will be rolled over to other webinars of his / her choice.
9. If an enrollee advises Powermax five (5) days before the scheduled date of the webinar that he / she cannot attend it, the payment for that slot will be rolled over to another webinar. But if he / she avails of the presentation materials of that webinar (assuming the speaker has shared the materials), the payment cannot be rolled over to another webinar.
10. If an enrollee fails to attend a webinar and also fails to advise Powermax five (5) days before the scheduled date of the webinar, the presentation materials of that webinar (assuming the speaker has shared the materials) will be given to him / her but there will be no option for rollover.
11. If an enrollee fails to attend a webinar because of a technical glitch on his / her device but other enrollees manage to join the said webinar, there will be no liability on the part of Powermax unless it can be established that there is a clear fault by a representative of Powermax.
12. Certificates will be given to the ATTENDEES only.
13. Questions or clarifications about the subject matter of a webinar can only be entertained by the speakers during the holding of the webinar. After the webinar, the speaker cannot be obliged to answer them though email, Facebook chat or some other means.
14. Unless asked by the speaker or the host to talk, the attendees should not unmute their microphone to avoid distracting the session. Anyone who persists in unmuting his / her audio, despite the reminder or warning, will be removed from the webinar session.
15. During the webinar, the ATTENDEES are not allowed to advertise any business competitive with the business of Powermax (seminars / webinars / events) or its sister company AGFI or Advertising and Gaming Fabrication, Inc. (signages, kiosks, podiums, gaming modules like tambiolo, roleta, pachinko; sticker and tarpaulin printing; and laser cutting)
16. We want everyone to enjoy the webinar. However, we reserve the right to remove participants whose company or business competes with the business of Powermax or who are unruly or disruptive (e.g., keeps making noise, spamming the chat, etc.) and no refund will be made.

Thank you and enjoy!

Keep safe and God Bless!