Zero Based Budgeting

Course content:
1. Introduction to budgeting techniques.
2. The pros and cons of different budgeting techniques.
3. Cost behaviour and its relations to budgeting process.
4. Profitability and cost of capital.
5. Preparation of specific budgets for different departments.
6. Applications of zero based budgeting.
7. Challenging assumptions of proposed budgets.
8. Task analysis budgeting.
9. Activity based budgeting.
10. Using fuzzy logic in budgeting.
11. Financial modelling for budgeting.
12. Budgeting performance evaluation.