Open Seminar

Budgeting, Forecasting, and Control

Home Open Seminars Budgeting, Forecasting, and Control

Programme snapshot

  • Date: 23 July, 2024 (3 days)
  • Fee: N538,850
  • Location: LBS Campus
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This short course seeks to explain the link between an organisation’s budget and its strategic plan, advise managers of the overall organisational goal, project organisational and department-specific volumes, recognise the relationship between volume, revenue and expenses, and set organisational and department-specific budgetary goals using peer benchmarks.

Learning Objectives and Benefits

At the end of this programme, you will be honed with the:

  • Knowledge of the common accounting tools companies use for planning and controlling what to do for customer satisfaction and marketplace success.
  • Provision of a measure of the financial results a company expects from its planned activities.
  • Ability to anticipate potential problems and how to avoid them.

Who should attend

Managers, Executives and Company Directors/Owners without accounting/finance skill or knowledge but keen on translating their strategies into financials

Structure and Curriculum

  • Financial Planning and Control
  • Budgets and strategic planning and implementation
  • Developing an Operating Budget, Cash Budget, Budgeted Income Statement and the Balance Sheet
  • Budget Preparation Case Study
  • Budgeting, responsibility accounting and human aspects of budgeting
  • Capital Budgeting
  • Sensitivity analysis in budgeting
  • Cash Budgeting
  • Budgeting and IT (1)
  • Budgeting and IT (2)
  • Interpreting Budget Reports (Variances) – General Session
  • Interpreting Budget Reports (Variances) – Work in Teams

Admission process

1. Click on the Apply Now tab
2. Select the number of participants to enroll on the programme
3. Fill in your details to complete your application
4. Request for an invoice or make an instant payment via our secured payment gateway
5. Upon confirmation of payment, a programme manager will get in touch with you at least three days before the programme commences.


Akintola Owolabi is a Professor of Cost and Management Accounting at Lagos Business School, Pan-Atlantic University, Lagos, Nigeria. He started his career with the audit unit of PriceWaterhouseCoopers, and later moved on to the University of Ilorin where he was a Senior Lecturer. He serves on the editorial board of ICAN Journal of Accounting and Finance, with responsibility for maintaining the quality and standards of accounting in Nigeria in line with global standards. Professor Akintola is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and an Associate of the Chartered Institute of Taxation of Nigeria (ACTI).


Kayode Omoregie

Kayode Omoregie is a Faculty in finance and strategy at the Lagos Business School. He was formerly the Academic Director of the International Management Programme (IMP), inaugural chairman of the Assurance of Learning (AOL), Committee, and deputy chairman of the Curriculum Development and Assurance of Learning Committee. He has over 25 years of experience in audit, taxation, business advisory, corporate finance, corporate restructuring and insolvency practice, across various industries and with various firms, including Arthur Andersen (now KPMG Professional Services), Kiwi Nigeria Plc., (A Sara Lee Chicago Company), and Chartered Aluminium Plc., where he was the Finance Director. He has also served in executive and non-executive capacities on the board of directors of some corporations in Nigeria. He was the founding and senior partner of Osaretin Omoregie & Co (Chartered Accountants) and the CEO/ Principal Consultant of Resource Edge Advisory Partners, a Corporate Finance, Strategy and Performance Advisory firm.


Upcoming Sessions and Contact

Got questions?

Send us a quick message, stating your questions or concerns about this programme and expect a response in a few minutes.

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