An intensive professional development training course on

Adapting the Corporate Budget in the Wake of Unknowns

Strategic Planning and Managing
Performance for Organisational Success

Why Choose Adapting the Corporate Budget in the Wake of Unknowns Training Course?

The effective management of budgeting and cost control is crucial for contemporary organizations. Nowadays, if companies want to stay competitive, they are urged to think in terms of process-value added to customers / shareholders. This Adapting the Corporate Budget in the Wake of Unknowns training course will help to get your business budget back on track after any crisis like the COVID-19 pandemic, which might require you to make some modifications.

Companies across the business world halted operations and saw a decrease in cash flow thanks to the COVID-19. As states lift stay-at-home orders and day-to-day operations return to normal, businesses will need to adapt their budgets to account for the new normal under extreme unknown.

Thus, this Adapting the Corporate Budget in the Wake of Unknowns training course helps you within the volatile and challenging times brought about by COVID-19, to change your thinking on traditional budget and make planning ahead easier.

This Adapting the Corporate Budget in the Wake of Unknowns training course will feature:

  • Improving the budgeting and financial knowledge required for better decision-making within extremely uncertain context
  • Identifying sources of financial and operational data to support the budgeting process
  • Traditional and innovative tools for budgeting and cost control to cope with various unknowns
  • Identifying the interrelationship, the financial and non-financial information in the wake of unknowns

What are the Goals?

By the end of This Adapting the Corporate Budget in the Wake of Unknowns training course, participants will be able to:

  • Identify the key successful driver indicators in the wake of unknowns
  • Successfully build integrated planning, budgeting and reporting process
  • Explain and use activity based budgeting and other budgeting methods
  • Develop and effectively control budgets
  • Provide budgeting knowledge that can be shared for the benefit of your company
  • Understand capital budgeting
  • Identify & manage key financial indicators for the business
  • Think proactively beyond budgeting

The Course Content

  • Budgeting and the Management System of Contemporary Organizations
  • Why Strategy comes before the Budget
  • The Strategic Planning Process
  • Financial vs. Managerial accounting (for Decision Making)
  • Strategic Planning, Budgeting and Management Control Measuring and Managing the Performance – KPIs and targets
  • Understand your processes: Integrating financial and non-financial aspects
  • What is a Budget?
  • The Benefits of Budgets
  • The Shortcomings of the Budgeting Process - How to improve them?
  • The economic implications of COVID-19
  • Understand the new figures within COVID-19 Context
  • Budget Methods – incremental, zero-based, rolling budgets and Activity Based Budgeting
  • In the Wake of COVID-19 – Moving to bottom-up budget and Adopt flexible budget – rolling budget
  • Preparing Departmental Budgets from Forecasts
  • Re-understand The Cost Figures in the Wake of COVID-19
  • Budget Cost, Volume, Profit (CVP) and Break-Even Analysis
  • Managing Fixed and Variable Costs
  • Sensitivity & What-If Analysis
  • Budgetary Control
  • Variance Analysis
  • Capital Budgeting Principles
  • Raising Finance
  • Weighted Average Cost of Capital (WACC)
  • Methods of Evaluating Capital Investment Projects
  • Comparing Different Projects and Their Returns
  • Redefine the corporate objectives and targets- short-term focus
  • Shortcomings of Traditional approaches to Budgeting and Measurement
  • Adopt a flexible performance evaluation method
  • The Balanced Scorecard
  • Financial & Customer Perspective
  • Internal Business Process Perspective
  • Learning and Growth Perspective
  • Developing and Adapting the Scorecard
  • Reconsider the corporate Key Performance Indicators (KPIs)
  • Re-evaluate the emergency fund options

Certificate and Accreditation

  • AZTech Certificate of Completion for delegates who attend and complete the training course

How Aztech Saudi Can Enhance Your Professional Career

At Aztech Saudi, we believe that professional development is the foundation of long-term career success. This training course is expertly designed to equip individuals with practical skills, forward-thinking strategies, and the confidence to navigate today’s dynamic work environments. Each course is delivered by subject matter specialists with extensive industry experience, ensuring that every learning experience is relevant, impactful, and aligned with real-world challenges. Whether you're looking to strengthen your technical expertise, enhance leadership abilities, or stay ahead of industry trends, Aztech Saudi provides the tools you need to elevate your performance and deliver measurable value to your organization.

Our training is more than just knowledge transfer—it’s a catalyst for career transformation. By participating in our courses, professionals gain a competitive advantage in their fields, improve their decision-making capabilities, and position themselves for new opportunities and leadership roles. We take pride in supporting individuals across various sectors and career stages, helping them unlock their full potential through high-quality, globally benchmarked learning experiences. With Aztech Saudi as your development partner, you’re not only investing in education—you're investing in a stronger, more successful future.

In Partnership With
Anderson
Copex
Do you want to learn more about this course?

Available Sessions

Register for Adapting the Corporate Budget in the Wake of Unknowns Online in Online
Venue: Online
Register
Date: 16-20 Jun 2025
Fee: US $3,950
Register for Adapting the Corporate Budget in the Wake of Unknowns Online in Online
Venue: Online
Register
Date: 20-24 Oct 2025
Fee: US $3,950
Register for Adapting the Corporate Budget in the Wake of Unknowns Online in Online
Venue: Online
Register
Date: 30 Mar-03 Apr 2026
Fee: US $3,950
Register for Adapting the Corporate Budget in the Wake of Unknowns Online in Online
Venue: Online
Register
Date: 15-19 Jun 2026
Fee: US $3,950
Register for Adapting the Corporate Budget in the Wake of Unknowns Online in Online
Venue: Online
Register
Date: 19-23 Oct 2026
Fee: US $3,950

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