Budgeting Masterclass Training

Finance and Budgeting

Course Info

Duration: 1 Week

Fees: 1,370

Available Dates

Fees

  • June-21-2021

    1,370

  • July-19-2021

    1,370

  • Aug-16-2021

    1,370

  • Sep-20-2021

    1,370

  • Oct-18-2021

    1,370

  • Nov-22-2021

    1,370

  • Dec-20-2021

    1,370

  • Jan-17-2022

    1,370

  • Feb-21-2022

    1,370

  • Mar-21-2022

    1,370

  • Apr-18-2022

    1,370

Course Details

Course Outline

5 days course

 

Strategic Planning

 

  • Why strategy comes before the budget.
  • The process of strategic planning.
  • Building up a strategic plan.
  • Strategic planning tools.
  • Where are we now, and where do we want to be?
  • Linking the budget with the strategy.

 

Forecasting

 

  • What is forecasting?
  • Strategic role of forecasting.
  • The forecasting processes.
  • Forecasting demand.
  • Sales forecasting using various methods in Excel©.
  • Qualitative and Quantitative forecasting methods.

 

Budgeting

 

  • What is a budget.
  • Budgeting and the Management Process.
  • Budgeting framework.
  • How to evaluate budgeting software.
  • Budget preparation.
  • Building the master budget.

 

Using a budget as a management tool

 

  • Linking strategic planning, forecasting budgeting and reporting.
  • Budget cost behaviour.
  • Budget cost, volume, profit (CVP) and break-even analysis.
  • Sensitivity & What-If Analysis.
  • Budgetary Control.
  • Variance Analysis.

 

Capital Budgeting (CAPEX)

 

  • Capital budgeting principles.
  • Raising finance.
  • Weighted Average Cost of Capital (WACC).
  • Methods of Evaluating Capital Investment Projects.
  • Comparing different projects and their returns.
  • Capital Rationing.

Course Video