The Administrative Assistant of the College of Industrial Management for Oil and Gas. Lectures in a Course on Preparing Budgets

Date: 10 July, 2023

  Center for Development and Continuing Education at University of Basra organized a course on preparing budgets. The aim of the course is to demonstrate the importance of financial planning in establishments and to indicate the importance of the estimated budget as a planning tool and as a measure of performance. To indicate the mechanism for starting the planning process and preparing budgets. To explain the process of preparing the comprehensive budget. The preparation of various operational, monetary and financial budgets. Investment - financing - and capital structure - Financial risks, the concept of planning and forecasting, the concept and definition of the budget, types of budgets, advantages and obstacles of budgets, reasons for preparing budgets, functions of budgets, the use of quantitative methods in financial forecasting, budget building, budget preparation mechanism, and budget preparation applications (MS Excel).