香港人力資源管理學會

Executive Certificate in Strategic Budget Planning for HR

日期: 2024年08月16日
時間: 9:30am – 5:30pm
價格: 會員：HK$3,000；非會員：HK$4,000

持續專業發展(CPD)時數: 7

授課語言：廣東話 (輔以英文教材)

上課地點：香港人力資源管理學會，香港九⿓觀塘觀塘道378號創紀之城2期18樓 1810-15室 (鄰近港鐵牛頭⻆站A出口約3分鐘路程)

**參加者上課須自備智能手機，Microsoft系統電腦，預先安裝MS Excel和MS Word（2019或更新版本）及PDF閲讀器**

HKIHRM會員優惠: 買一送一*

早鳥優惠*

會員 HK$ 2,700

非會員 HK$ 3,700

*須在 2024年7月12日前 報名及繳費。此優惠不可與HKIHRM代用券及其他優惠同時使用。

Budget planning is of utmost importance in the context of HR development. HR is an organisation’s most valuable asset and critical for achieving long-term business success. By utilising and developing a well-planned budget, organisations can make informed decisions to allocate resources effectively, foster employee growth and development, and implement strategies to attract and retain top talent.

Learning Outcomes

Be able to prepare finance and non-finance data ready for the finance function
Understand the rationale of budgeting process of a business and the importance of Zero-Based Budgeting (ZBB)
Learn the skills of budget preparation and presentation and the use of key performance indicators (KPIs) in HR context
Be able to prepare a simple business budget using Excel

1. How to get your finance and non-finance data ready for finance function?

Human resource management (HRM) is the creation, development and maintenance of an effective workforce, matching the physical and virtual requirements of the organisation and responding to the changing environment (e.g. AI, ChatGPT etc.). What potential information want to see in the financial statements relating to HR? How to become a successful storyteller to present the finance and non-finance data to finance function?

Understand the rationale of finance and non-finance data
Master the latest trends of HR cycle
Be able to prepare finance and non-finance data ready for the finance function

2. Factors affecting / will change your budget:

Budget is a future quantitative and financial plan of a business. It provides the functions of planning, co-ordination, control, communication, evaluation and authorisation. The budgeting process will consist of preparing several functional budgets and a master budget related to the budgeted period. Any key resource changes (cash, labour, materials etc.) will affect the decisions making of a business.

Understand the rationale of budgeting process of a business and the importance of Zero-Based Budgeting (ZBB)
Learn the skills of budget preparation and presentation
Be able to identify the principal / limiting budget factor for long term business growth (e.g. the impact of COVID-19 pandemic)

3. What are some key areas that users will look at on your budget?

A master budget will consist of a budgeted statement of profit or loss for the budget period, a cash budget and a budgeted statement of financial position at the end of the budgeted period. All of them will act as the body check reports of the business, in terms of financial performance, position and adaptability. Users will use different key performance indicators (KPIs) calculated from the master budget to locate their concerned areas. Stress testing will be applied by the users to ensure that the budget and the business can withstand the pressures under both expected and unexpected changing business environments.

Understand the key concerned areas of the master budget
Learn about the use of key performance indicators (KPIs)
Be able to plan a master budget to pass the stress testing

4. How to create a business budget by Excel spreadsheet?

Microsoft Excel is an integral business tool which allows users to create a customised solution to manage their finances. Users can use it to create the business budget in a simple and easy way. Business can easily use the tool to keep their spreadsheets intact and adjust them as necessary.

Understand the rationale of relevant visualisation techniques
Learn the skills of budget preparation by Excel
Be able to prepare a simple business budget