AMMAN - The International Arab Society of Certified Accountants (IASCA) held the training course entitled “The Preparation of Budgets and Introduction to Strategic Planning”, digitally organized for a group of employees from various sectors.
During the course, several topics related to Strategic Planning, Liquidity Analysis, Profitability Analysis, Activity Analysis, the Importance of Budgets in Planning and Control, the Preparation of the Statement of Income and Financial Position, Assessment of Decisions, the Tradeoff between Purchasing and Manufacturing, and Allocation of Resources, in addition to other topics were discussed.
The course aimed at enabling participants to get familiar with the advanced scientific basis of strategic planning, and how to analyze the internal environments and specify the weaknesses and strengths of these environments, the use of KPI’s in financial planning and the use of the basis of budgets building as an effective planning tool, in addition to, the use of cash flows in evaluating strategic decisions, and use of differential analysis in making and evaluating strategic decisions.
It is worth mentioning that the participants in the digital training courses provided by ASCA can attend the lectures whenever they prefer through the recordings allowed by the system of the digital courses. Participants can also obtain electronic certificates of attendance and ask questions which will be answered by the best experts in the Arab world, in order to attain the required results.