Over the course of three days, this workshop offers a comprehensive exploration of budgeting and forecasting. On Day 1, participants delve into budgeting concepts, including budgeting within a strategic framework, types of budgets, setting KPIs, and the role of budgets in corporate governance.Day 2 focuses on budget methodologies and forecasting techniques, covering topics such as zero-based budgeting, rolling budgets, cash budgeting, and forecasting revenues and expenses through Excel case studies then delve into centers on control and monitoring, emphasizing strategies for controlling expenditures, variance analysis, performance evaluation, and utilizing analysis tools like regression analysis and trend analysis to ensure effective budget management.
Evaluate the budgeting process in their organizations and recommend improvements
Create budget templates and models for their departments or organizations
Utilize Microsoft Excel functions and tools in the budgeting process including breakeven analysis and optimization
Understand Budgeting Framework
Present results with charts and graphs.
How to optimize, measure, and evaluate using controls
This course is designed for those who are responsible for financial management, budgeting, and forecasting within their organizations, such as (corporate development - functional heads of departments - financial analysts - as well as for those from non-finance backgrounds who are responsible for managing budgets and delivering against the forecasted figures ).
