Financial Planning & Decision Analysis
Aug. 14, 15
Financial Planning & Decision Analysis
2 Days Training Workshop
Aug. 14, 15
Workshop Summary:
Financial planning and Budgeting process has inseparable connection with the overall planning process for any company.
Participants will understand:
- Benefits of planning, general steps in the planning process
- Budget process and the order in which the different budgets are prepared
- Different budgeting calculations
- Principles and ideas to different situations
- Forecasting techniques for budgeting and business planning
On the other hand, financial planning involves decision-making. The goal of decision-making is to maximize the benefits and/or reduce the costs to the company by selecting the best of all the available options.
Determining the best option is not always easy, often because the company may have more than one objective. An option that is the best choice for one objective may not be the best option for another objective.
Workshop Objectives:
Participants will:
- Learn different techniques to analyze the decision and see their effect on business before taking the decision
- Be able to prepare Top-level planning, financial scenarios and analysis
- Help decision maker to set performance goals, strategy and finally achieve superior performance.
Workshop content:
- 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
- Budget Methodologies
- Annual Profit Plan
- Top-level planning and analysis
- Cost/volume/profit analysis (CVP)
- Marginal analysis
- Pricing / Pricing Strategy
Target Audience:
- Business leaders
- Business owners
- Executives
- Senior managers
- Finance Managers
- Department managers
Date: 14, 15 Aug. 2024
Duration: 2 Days workshop
Time: 10:00AM - 04:00PM