Planning, Budgeting and Forecasting
Annual Financial Plan
Oct 22,23,24
Planning, Budgeting and Forecasting - Annual Financial Plan
3 Days Training Workshop
Oct 22 , 23 , 24
Workshop Overview:
Budgeting process has inseparable connection with the overall planning process for any company.
Participants will understand the budget process, the order in which the different budgets are prepared, and to be able to make different budgeting calculations, and will be able to apply principles and ideas to different situations.
Participants will understand the benefits of planning, and the general steps in the planning process. Additionally, they will be familiar with Forecasting techniques in planning and budgeting, the different types of business planning
Other important part, participants will be able to prepare Top-level planning, financial scenarios and analysis that will help decision maker to set performance goals, strategy and finally achieve superior performance.
Budget and forecast:
- Planning process
- Budgeting concepts
- Effects of External Factors on the Budgeting Process
- Characteristics of a Successful Budgeting Process
- The Use of Cost Standards
- Forecasting Techniques
- Time series analysis
- Regression Analysis
- Learning curve analysis
- Expected Value and Sensitivity Analysis
- Budget Methodologies
- Annual Profit Plan
- Supporting Schedules
- budget types
- Top-level planning and analysis
Date: 22 , 23 . 24 Oct 2019
Duration: 3 Days workshop