Practical Financial Budgeting & Forecasting Masterclass Africa 2024
There is no doubt that since the world financial crisis of 2008, the slowdown in financial performance
during the COVID 19 pandemic era, the high global inflation and the shrinking of sovereign/government
and municipal budgets, the financial budgeting and focusing field has greatly transformed. It is
nonetheless, imperative that companies and organisations continue to allocate scarce resources in
order to create and deliver value to their key stakeholders. In both profit making and non-profit
businesses this means creating value for customers and shareholders; whilst in the government and
public sectors this means effectively delivering ‘value for money (FM)’ and services to the clients
effectively and efficiently. The most successful organisations are achieving these strategic goals within
an effective performance management framework in which budgeting and cost management are
playing key roles.