Advanced Budgeting Training

Finance and Budgeting

Course Info

Duration: 1 Week

Available Dates

Venue

  • May-17-2021

    Paris

  • May-24-2021

    Madrid

  • June-07-2021

    Kuala Lumpur

  • June-07-2021

    London

  • June-13-2021

    Dubai

  • June-14-2021

    Istanbul

  • June-21-2021

    Paris

  • June-28-2021

    Madrid

  • July-05-2021

    Kuala Lumpur

  • July-05-2021

    London

  • July-11-2021

    Dubai

  • July-12-2021

    Istanbul

  • July-19-2021

    Paris

  • July-26-2021

    Madrid

  • Aug-02-2021

    Kuala Lumpur

  • Aug-02-2021

    London

  • Aug-08-2021

    Dubai

  • Aug-09-2021

    Istanbul

  • Aug-16-2021

    Paris

  • Aug-23-2021

    Madrid

  • Sep-06-2021

    Kuala Lumpur

  • Sep-06-2021

    London

  • Sep-12-2021

    Dubai

  • Sep-13-2021

    Istanbul

  • Sep-20-2021

    Paris

  • Sep-27-2021

    Madrid

  • Oct-04-2021

    Kuala Lumpur

  • Oct-04-2021

    London

  • Oct-10-2021

    Dubai

  • Oct-11-2021

    Istanbul

  • Oct-18-2021

    Paris

  • Oct-25-2021

    Madrid

  • Nov-08-2021

    Kuala Lumpur

  • Nov-08-2021

    London

  • Nov-14-2021

    Dubai

  • Nov-15-2021

    Istanbul

  • Nov-22-2021

    Paris

  • Nov-29-2021

    Madrid

  • Dec-06-2021

    Kuala Lumpur

  • Dec-06-2021

    London

  • Dec-12-2021

    Dubai

  • Dec-13-2021

    Istanbul

  • Dec-20-2021

    Paris

  • Dec-27-2021

    Madrid

  • Jan-03-2022

    Kuala Lumpur

  • Jan-03-2022

    London

  • Jan-09-2022

    Dubai

  • Jan-10-2022

    Istanbul

  • Jan-17-2022

    Paris

  • Jan-24-2022

    Madrid

  • Feb-07-2022

    Kuala Lumpur

  • Feb-07-2022

    London

  • Feb-13-2022

    Dubai

  • Feb-14-2022

    Istanbul

  • Feb-21-2022

    Paris

  • Feb-28-2022

    Madrid

  • Mar-07-2022

    Kuala Lumpur

  • Mar-07-2022

    London

  • Mar-13-2022

    Dubai

  • Mar-14-2022

    Istanbul

  • Mar-21-2022

    Paris

  • Mar-28-2022

    Madrid

  • Apr-04-2022

    Kuala Lumpur

  • Apr-04-2022

    London

  • Apr-10-2022

    Dubai

  • Apr-11-2022

    Istanbul

  • Apr-18-2022

    Paris

  • Apr-25-2022

    Madrid

Course Details

Course Outline

5 days course

 

Budgeting and Planning

 

  • The Budget and the Functions of Management.
  • Budget as a Planning Tool.
  • Budgets and the Key Financial Statements.
  • Top-Down versus Bottom-Up Process.

 

Budget Cycle, Process and Approaches

 

  • The Budget Cycle
  • The Characteristics of Successful Budgeting.
  • Making the Budget a Value-Adding Activity.
  • Top Ten Problems with Budgeting.
  • Choosing the Proper Budgeting Approach:
  • Incremental Budgeting.
  • Zero-Based Budgeting.
  • Flexible Budgeting.
  • Kaizen Budgeting.
  • Activity-Based Budgeting.
  • Rolling (Continuous) Budgets and Forecasts.
  • The Master Budget and its Components.
  • Operating and Capital Budgets.
  • Best Practices in Budgeting.
  • Creating a User-Friendly Template.

 

Forecasting Techniques

 

  • Forecasting Models.
  • Qualitative and Quantitative Methods.
  • Steps in Developing Forecast Models.
  • Time Series and Trend Analysis.
  • Data Conditioning Techniques.
  • Exponential Smoothing and Moving Averages.
  • Simple and Multiple Regression Analysis.

 

Advanced Capital Budgeting Evaluation Techniques

 

  • Business Risk and Cost of Capital.
  • Classifying Investment Projects.
  • Cash Flow Estimation.
  • Analysing Investment and Operating Cash Flows.
  • Time Value of Money Concept.
  • The Required Rate of Return.
  • Net Present Value (NPV).
  • Internal Rate of Return (IRR).
  • Multiple Internal Rates of Return.
  • Modified Internal Rate of Return (MIRR).
  • Profitability Index (PI).
  • Pay-Back Period and Discounted Pay-Back Period.
  • Capital Rationing.
  • Comparing and Evaluating Techniques.
  • Sensitivity and Risk Analysis.

 

Breakeven Analysis and Optimization Techniques

 

  • Cost-Volume-Profit (CVP) Analysis.
  • Using CVP to Reach a Target Income.
  • Single Product and Multiple Products Breakeven Analysis.
  • Working with Budget Constraints.
  • Building Optimization Models.

Course Video