Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate&#039;s treasury workflow —all the way to efficient, finance training programs.

Course Overview

This Financial Planning, Budgeting, Projection, and Cost Control workshop will allow the participant to explore and share with other participants new thoughts in the planning, control, and budgeting cycle, resulting in a renewed energy in returning to the workplace and implementing a more focused budgeting process, which communicates useful and timely information to management.

Esraa MohamedFinancial Learning Advisor TL

Customized Corporate Training

We are the 'go-to' experts when it comes to customizing financial training programs. While adhering to the set rules and regulations, we do not interrupt your day-to-day business activities and work with cooperative flexibility to fit the immersing workflow.

Learning Outcome

Exercising the best practices in budgeting & the strategic role of cost concepts .

Exercising the role of the budget in the management process.

Explaining the concepts of the cost to the use of cost information for management control.

Identifying the importance of strategy and its role in the master budget.

Be familiar with the master budget and explain the interrelationships among its supporting schedule.

Course Outline

Gathering and Interpreting Information Who uses financial information and why? The flow of information in a company The critical functions of management Challenges in Information Gathering and Interpretation

Aligning the budget with the strategy of the organization Strategic Planning Framework (Road map to strategy) Budget as a planning tool (Control: the missing link)

Organizational Structure Culture Stakeholders and Business Partners Measuring Organizational Performance Sources of Organizational Information

Industry Attributes Industry Benchmarks Industry Uncertainty Sources of Industry Information

Macroenvironment Forces Metrics Macroenvironment Sources of Macroenvironment Information

The budgeting advantages. Budgeting delivering value-added The budget process rolling budget techniques. The master budgets

Who Should Attend

This workshop is designed for those who are responsible for financial management, budgeting, and forecasting within their organizations. This may include professionals working in financial planning and analysis (FP&A), accounting, treasury, financial reporting, corporate development, etc.

Nour Hesham

Financial Learning Advisor TL