Advanced Budgeting and Forecasting
This training offers an overview of the resources and skills to create world-class standards in your planning, budgeting, performance assessment, and reporting system, reviewing current and best practices, describing how they complement conventional financial planning methods, and proposing new principles for measuring and reporting success and building value for shareholders. Essential aspects of this training include but are not limited to: Making the budgeting process more cost-effective; Motivate managers to “opt in” to the budgeting process; Some case studies and examples of actual companies will be used to help participants understand how to apply various planning, forecasting, and analysis techniques.
Course Objectives:
At the end of this training, participants will be able to:
- Design advanced planning and control strategies in your budgeting process
- Integrate the budgeting process with the creation of a long-term strategic vision for the organization
- Develop a decision support system that offers timely and relevant information to decision-makers
- Apply management techniques to the budgeting process that lead to strategic goals
- Identify key performance metrics for accurate and informed decision making
Who should attend?
- All practitioners responsible for budget preparation and management reporting
- All process owners who want a more in-depth understanding of advanced planning and budgeting strategies
- Employees who want to learn more about financial planning and cost analysis
- Individuals with responsibility for direct planning and budgeting, as well as supervisors, budget holders, consultants, accountants, and business specialists
Delivery Method:
Lectures, discussions, syndicate work, case studies, role–play, and group exercises. Audio – Visual aids will be used to reinforce these training and learning methods.
Venue: London
Fee: $5, 000.00
Duration: 1 week
Course Date: June 5th – 9th, 2023