Planning, Budgeting and Forecasting

Planning, Budgeting and Forecasting

2 Days Training Workshop

Oct. 25, 26

Workshop Overview & Objectives:

This workshop focuses on the budgeting process in a business and its relation with the planning process. Participants will benefit with practice and real examples to gain the following:

  • Understand the goals and benefits of planning.
  • Be familiar with the different types of planning that a business do.
  • Understand the budget process and the order in which the different budgets are prepared.
  • Be able to make different budgeting calculations.
  • Be familiar with forecasting techniques
  • Do top-level planning and analysis, deals with pro forma financial statements and their use in strategic planning.

Workshop Outlines:

  • Planning process
  • Budgeting concepts
  • Effects of External Factors on the Budgeting
  • 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
  • Budgeting Methodologies
  • Annual Profit Plan
    • Master Budgeting
    • Operational and Financial Budgeting
    • Comprehensive Budget exercise
  • Supporting Schedules
  • Types of budgets
  • Top-level planning and analysis
    • Percentage of Sales Method
    • Important Ratios

Date: 25, 26 Oct., 2020

Time: 9:00 AM – 5:00 PM

Location : Holiday inn, Maadi

Registration Fee: