Budgeting is an essential tool for business growth, improving profitability, and gaining an edge in the fiercely competitive environment of today's economy.

Budgeting is an integrated strategic management tool. It is one of the most time-consuming activities undertaken by managers. Therefore, it is imperative that managers have a good understanding of how to carry out their budgeting and how it fits within the objectives of their organisation.

The course outlines variance analysis and interpretive techniques. It examines cost behaviour in performance measurement and the consequences that flow from performance analysis and implementation.