BUDGETING: PLANNING, FORECASTING, WHAT-IF ANALYSIS & REPORTING

This training will help you to understand clearly the basic principles of budgeting. Step by step explain each part of process as: Planning, Forecasting, What-if Analysis & Reporting, participants will gain knowledge within this field and more self-confidence in their daily routine work. Course offer includes theoretical background and the practical tools necessary for the development of budgeting.

Who Takes This Course

The course is intended to anyone involved in the budget process within their organisation. Recommend equally appropriate for those who already have some budget experience and wish to update or enhance their budgeting knowledge and skills. Among others we are inviting finance professionals, accountants, departmental managers, directors and team leaders.

Course Structure

• Introduction to the course objective
• Strategic planning
• Forecasting – definition and strategic role of it
• Budgeting step by step
• Management process & budget as a managing tool
• Linking strategic planning , forecasting budgeting and reporting
• Sensitivity & What-If Analysis
• Capital budgeting principles
• Evaluating