Budgeting and costing

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The first and most important step is to strategize and formulate the budget. The budget is then discussed, scrutinized, and approved for execution.​

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Budget setting also involves various costing techniques and mechanisms to provide reliable information for management in relation to (not limited to) pricing strategies through robust control on material and supplies, periodical determination of profit and losses, and guidance for any necessary cost reduction.

Monitor the performance by analyzing the actual spends against the budgets and highlight variances. The scrutiny of budget execution reports are essential to accountability.​ 

Robust review of year end reports and financial statements including supporting the finance management throughout the audit process.​