How to prepare a meaningful budget?

Planning and budgeting 

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The purpose of the program is to make sure that participants will be able to prepare effective plans and budgets for their responsibility areas or for the whole company that are in line with corporate objectives.

Learning objectives

  • Become familiar with key issues of planning and budgeting
  • Make sure that budget assumptions are correct
  • Be able to prepare a budget that is in line with corporate objectives
  • Critically evaluate results generated in comparison to plans

Proposed program

  • Differences between forecasting, planning and budgeting
  • Risk vs uncertainty
  • Levels of planning
  • Goal congruence vs dysfunctional behaviors
  • Strategy models, including rational and emergent models of preparing strategy
  • Responsibility centres
  • Controllability of variables
  • Key performance measures for each centre
  • Principal budget factor
  • Master budget
  • Budget committee
  • Incremental budgeting vs Activity Based Budgeting vs Zero Based Budgeting
  • Periodic vs rolling budget
  • Motivation vs evaluation
  • Top-down approach
  • Bottom-up approach
  • Profit or loss account budget
  • Cash flow budget
  • Balance sheet budget
  • Fixed, flexed and flexible budgets
  • Variance analysis

Dedicated Tutor

Astrid Zakrzewska, FCCA, FCMA, CGMA 

  • Astrid has over 20 years of experience in training in the field of finance and accounting.
  • She specialises in trainings in the fields of management accounting, financial and strategic management, having conducted over 25.000 hours of trainings and workshops in Poland and abroad.
  • She has conducted courses preparing for CIMA, ACCA and CIA exams.
  • In the years 2002-2005 she held the position of finance and administration director at TVN S.A.
  • In the years 1993-2002 she worked at PricewaterhouseCoopers in the assurance department, where she specialised in auditing financial sector institutions, including investment funds.


 

Organisational information

Proposed dates

  • 29-30.10.2026 (09:00am-2:30pm Warsaw time)

Price

1800 PLN netto / 475 EUR (plus vat)

Target group

Secialist and managers who are involved in planning and budgeting process.

Format, Materials and language

Language: English
Materials: slides and notes from classes

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Contact us

Aleksandra Marcinkowska

Manager, PwC Poland

Tel: +48 519 507 345

Arkadiusz Radomyski

Senior Training Coordinator, PwC Poland

Tel: +48 571 778 162

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