Training Course on Financial Planning Budgeting and Forecasting
Course Overview
Budget planning and forecasting are two of the most important tasks that provide direction and financial objectives of an organization. This course is designed to equip participants with the knowledge and practical skills necessary to excel in financial planning, budgeting, and forecasting, contributing to effective strategic decision-making within their organizations.
Target Audience:
- Financial managers, Budget analysts, Planning professionals, and anyone involved in the financial planning process
- Individuals seeking to enhance their skills in budgeting and forecasting for better organizational decision-making.
Course Duration
Online Training: 6 days
Classroom Training: 5 days
Course Outline
Module 1: Introduction to Financial Planning
- Importance and purpose of financial planning
- Key components of a comprehensive financial plan
- Linking financial planning to organizational goals and strategies
Module 2: Budgeting Fundamentals
- Overview of budgeting as a planning tool
- Types of budgets: operating, capital, and cash budgets
- Budgeting process: preparation, approval, and monitoring
Module 3: Creating and Managing Budgets
- Developing a budget: top-down vs. bottom-up approaches
- Setting realistic and achievable financial goals
- Budgeting best practices and common challenges
Module 4: Rolling Forecasts
- Understanding the concept of rolling forecasts
- Benefits of adopting rolling forecasts over traditional static budgets
- Implementation strategies for rolling forecasts
Module 5: Forecasting Techniques
- Overview of forecasting methods: quantitative vs. qualitative
- Time-series analysis, regression analysis, and scenario planning
- Selecting the appropriate forecasting technique for different situations
Module 6: Financial Modeling for Decision-Making
- Introduction to financial modeling
- Building and interpreting financial models
- Using financial models to support decision-making
Module 7: Cash Flow Forecasting
- Importance of cash flow forecasting
- Building a cash flow forecast
- Managing cash flow to ensure liquidity
Module 8: Performance Metrics and Key Performance Indicators (KPIs)
- Identifying relevant performance metrics
- Using KPIs for monitoring and evaluation
- Aligning KPIs with organizational goals
Module 9: Budget Variance Analysis
- Understanding budget variances
- Analyzing variances to identify causes and trends
- Implementing corrective actions based on variance analysis
Module 10: Integrated Financial Planning
- Integrating financial planning, budgeting, and forecasting processes
- Aligning financial plans with strategic objectives
- Case studies on successful integrated financial planning
Note: This outline provides a general structure for the training. The specific content, activities, and duration of each session may be adjusted based on the target audience, learning objectives, and available time.
Classroom Training Schedule
Start Date | End Date | Location | Cost | Apply |
---|---|---|---|---|
Jun 10, 2024 | Jun 14, 2024 | Nairobi | $ 950 | Register |
Jul 15, 2024 | Jul 19, 2024 | Nairobi | $ 950 | Register |
Aug 19, 2024 | Aug 23, 2024 | Nairobi | $ 950 | Register |
Sep 23, 2024 | Sep 27, 2024 | Nairobi | $ 950 | Register |
Oct 28, 2024 | Nov 01, 2024 | Nairobi | $ 950 | Register |
Dec 02, 2024 | Dec 06, 2024 | Nairobi | $ 950 | Register |
Virtual Training Schedule
Start Date | End Date | Location | Cost | Apply | |||
---|---|---|---|---|---|---|---|
May 20, 2024 | May 25, 2024 | Online | $ 400 | Register | |||
Jun 24, 2024 | Jun 29, 2024 | Online | $ 400 | Register | |||
Jul 29, 2024 | Aug 03, 2024 | Online | $ 400 | Register | |||
Sep 02, 2024 | Sep 07, 2024 | Online | $ 400 | Register | |||
Oct 07, 2024 | Oct 12, 2024 | Online | $ 400 | Register | |||
Nov 11, 2024 | Nov 16, 2024 | Online | $ 400 | Register | |||
Dec 16, 2024 | Dec 21, 2024 | Online | $ 400 | Register |
Registration Process
Enrolling in our training programs is effortless! Upon submitting your details on the course registration link, a representative will get in touch with the relevant information.
Group Discounts
Boost your team's skills and maximize value with our attractive group discounts. Enroll 3 or more participants and enjoy significant discounts on any of our training programs.
Course Language
This Training course is offered in ENGLISH . Please indicate the language of choice during registration.
Training Approach
Our instructor-led trainings use well guided presentations, practical exercises, and group acivities. Participants are encouraged to bring any data relevant to their job responsibilities. Training manuals and additional reference materials are provided to the participants.
Certification
Upon completion of training, the participant will be issued with a certificate of Completion.
Post Training Support
Our commitment our clients success extends beyond the training program. We offer ongoing 3 months support through Q&A sessions, online forums, and access to our expert instructors.
Tailor-Made Course
We design customized training programs and inhouse workshops to meet specific training needs and organizational goals. Contact us to find out more: training@perk-gafrica.com