Budgeting, Forecasting, Business Planning and Economic Modelling

Course Info

Length: 2 Weeks

City: Singapore

Type: In Classroom

Available Dates

  • July-08-2024

    Singapore

  • Aug-12-2024

    Singapore

  • Sep-09-2024

    Singapore

  • Oct-14-2024

    Singapore

  • Nov-11-2024

    Singapore

  • Dec-09-2024

    Singapore

Dates in Other Venues

  • July-01-2024

    Kuala Lumpur

  • July-01-2024

    Istanbul

  • July-01-2024

    London

  • July-08-2024

    Paris

  • July-15-2024

    Barcelona

  • July-15-2024

    Dubai

  • July-22-2024

    London

  • July-22-2024

    Istanbul

  • July-29-2024

    Amsterdam

  • July-29-2024

    Kuala Lumpur

  • Aug-05-2024

    Kuala Lumpur

  • Aug-05-2024

    London

  • Aug-05-2024

    Istanbul

  • Aug-12-2024

    Paris

  • Aug-19-2024

    Barcelona

  • Aug-19-2024

    Dubai

  • Aug-26-2024

    London

  • Aug-26-2024

    Amsterdam

  • Sep-02-2024

    London

  • Sep-02-2024

    Kuala Lumpur

  • Sep-02-2024

    Istanbul

  • Sep-09-2024

    Paris

  • Sep-16-2024

    Dubai

  • Sep-16-2024

    Barcelona

  • Sep-23-2024

    London

  • Sep-23-2024

    Istanbul

  • Sep-30-2024

    Amsterdam

  • Sep-30-2024

    Kuala Lumpur

  • Oct-07-2024

    Kuala Lumpur

  • Oct-07-2024

    Istanbul

  • Oct-14-2024

    Paris

  • Oct-21-2024

    Barcelona

  • Oct-21-2024

    Dubai

  • Oct-28-2024

    London

  • Oct-28-2024

    Amsterdam

  • Nov-04-2024

    Istanbul

  • Nov-04-2024

    Kuala Lumpur

  • Nov-11-2024

    Paris

  • Nov-18-2024

    Barcelona

  • Nov-18-2024

    Dubai

  • Nov-25-2024

    London

  • Nov-25-2024

    Amsterdam

  • Dec-02-2024

    Istanbul

  • Dec-02-2024

    Kuala Lumpur

  • Dec-09-2024

    Paris

  • Dec-16-2024

    Dubai

  • Dec-16-2024

    Barcelona

  • Dec-23-2024

    London

  • Dec-23-2024

    Istanbul

  • Dec-30-2024

    Kuala Lumpur

  • Dec-30-2024

    Amsterdam

Course Details

Course Outline

10 days course

Budgets and Strategy in Today’s International Environment
 
  • Organizational planning framework
  • The product / information / decision support cycle
  • Strategic, tactical and operational forecasts
  • The strategic approach to business planning
  • Various strategic and tactical approaches to business planning
  • The international business environment
The Business Plan and Budget Development
 
  • Developing the business plan
  • Identification of key value drivers
  • Achieving objectives
  • Zero base budgeting
  • Activity based budgeting
  • Developing the Cash Budget
Analysing the Applicability of Historical Data Using Excel
 
  • Problems of forecasting
  • Using historical data to help predict the future
  • Forecasting
  • Development of Time Series Models
  • Using Regression Analysis as a predictor and estimator
  • Mastering the use of Exponential Smoothing as a Data Analysis tool

 

Using Activity-Based Budgeting and Cost Analysis Techniques
 
  • Cost behaviour and breakeven analysis
  • Activity-based costing
  • Budgeting for Processes rather than Departments
  • Defining Key Cost Drivers
  • Defining Key Activities
  • Developing the Activity-Based Budget
Capital Budgeting and Project Appraisal
 
  • Identify the various types of capital projects
  • Discuss the capital project evaluation process
  • The impact time has on the value of money
  • Using WACC and ROIC as benchmarks
  • Development of the "Hurdle Rate" for capital projects
  • Evaluate capital projects by applying NPV, IRR, ARR Payback model
 
Financial and economic modelling economic Modeling
 
  • How does financial and economic modelling work in real business?

  • What results can a company achieve using financial and economic modelling?

  • What is the role of a Financial Analyst in building an optimal business model?

Investments
 
  • What are Investments carried out by a business?
  • What are the indicators that assess the degree of investment attractiveness?
  • How to make the right decision regarding the real attractiveness investments?
  • What is the role of a financial analyst in making investment decisions?
Financial and economic modelling and Investments as one whole

 

  • Why it is so important to build a business that is attractive to investors?
  • How to increase business capitalization?
  • What is the role of a financial analyst in the growth of capitalization?
 
Assessment of the investment attractiveness of public companies

 

  • How to read financial statements correctly in the example of Apple inc.?
  • Financial analysis of Apple inc. Investment potential of Apple inc...
Business Plan Components
 
  • Commence with objectives, scope, statement of the problem or remit
  • Executive Summary
  • Report Body
  • Conclusions
  • Recommendations
  • Supporting papers
  • What order is best for the above
 
Business Plan Contents
 
  • Does it focus properly on the recipient
  • What is the style, experience, purpose and expectation
  • What is the report’s objective – is it clear
  • What are the readers’ expected knowledge, intentions, seniority
  • What is the report meant to achieve
  • Are there any sensitivities
  • What is expected of you as the reader
Implementing the Plan
 
  • What Balanced scorecard will be used
  • Is it tried and tested and fit for purpose
  • Change management capabilities
  • Key drivers
  • Key responsibilities
  • KRI’s & KPI’s
  • How will success be measured
  • What will the early warning signs be
  • Who will have strategic control and oversight responsibility
  • What MI or data will be made available to enable stakeholders to review progress

Course Video