* All fees are exclusive of vat
** PREMIUM - Customize your learning experience
This Online Budgeting & Forecasting training course provides an overview of the essential tools and the skills to build world-class standards into your planning, budgeting, performance measurement & reporting system, looking at new and best practice techniques, explain how they complement the traditional financial planning tools, and introducing new concepts for measuring and reporting performance to enhance shareholder wealth creation or provide value for money for Stakeholders.
What Do Participants Learn?
Implementation of planning
Implementation of control techniques into your budgeting process
Integration of the budgeting process with the company’s strategic vision
Creation of decision support structure for decision-makers.
Successfully build integrated planning, budgeting and reporting process
Forecasting costs and revenues.
Apply management tools to the budgeting process that contribute to strategic goals
Effectively manage the budgeting process
Identify key performance indicators for effective and focused decision making
Increase profitability and performance through streamlined planning and reporting
Who Should Attend?
All professionals responsible for budget preparation and management reporting
Who requires a more understanding of integrated planning and budgeting techniques,
Who wants to understand more about Financial planning and cost analysis
Anyone with direct planning and budgeting responsibility,
Managers, budget holders, advisors, accountants, and business consultants.
What Will the Learning Experience Include?
Comprehensive pre-program activities include:
Web-based information forms & surveys completed by attendee.
Direct consultation with the attendee about the expectations.
During the training, participants engage in data, activities, and conversations that lead to insight and knowledge.
Participants learn from expert trainers who have both academic and business experiences.
Highly applicable training content & instructive activities for adding depth to training topics.
**A half-day site visit for integrating the experience & plan next steps. Opportunities to provide connections, ideas & support.
Explore & Practice
Apply & sustain the learning experience by using this ongoing support:
To ensure participant has new skills or behavior progress.
Optional, fee-based mentoring & coaching with the trainer.
Training materials & additional documents (e-books, pdf files, presentations and articles)
Evaluate your training experience by giving us feedbacks and help us to reach our organizational goals.
Budgets in Today’s International Environment
Defining the strategic approach to business planning
Defining strategic assumptions
The recognition of risk in Models
Using Budget Models for Simulation Purposes
Building the strategic planning model using financial data
Analyzing the Historical Data Using Excel
Approaches to Budget Development
Types of Budgets
Defining Key Cost Drivers
Defining Key Activities
Strategic and Operational Cost Analysis Techniques
Defining and Testing Optimisation Techniques in Models Using Excel