Advanced Budgeting Workshop

Advanced Budgeting Workshop


Choose from the following table the course date which you would like to attend the course on :

Sart
End
Fees
Venue
Length
11-Mar-2018
15-Mar-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
25-Mar-2018
29-Mar-2018
5700$
London (UK)
One Week
Click Here
22-Apr-2018
26-Apr-2018
7500$
Istanbul (Turkey)
One Week
Click Here
29-Apr-2018
3-May-2018
4700$
Dubai (UAE)
One Week
Click Here
22-Apr-2018
26-Apr-2018
6950$
Paris (France)
One Week
Click Here
27-May-2018
31-May-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
6-May-2018
10-May-2018
5700$
London (UK)
One Week
Click Here
10-Jun-2018
14-Jun-2018
7500$
Istanbul (Turkey)
One Week
Click Here
17-Jun-2018
21-Jun-2018
4700$
Dubai (UAE)
One Week
Click Here
10-Jun-2018
14-Jun-2018
6950$
Paris (France)
One Week
Click Here
15-Jul-2018
19-Jul-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
8-Jul-2018
12-Jul-2018
5700$
London (UK)
One Week
Click Here
5-Aug-2018
9-Aug-2018
7500$
Istanbul (Turkey)
One Week
Click Here
26-Aug-2018
30-Aug-2018
4700$
Dubai (UAE)
One Week
Click Here
5-Aug-2018
9-Aug-2018
6950$
Paris (France)
One Week
Click Here
2-Sep-2018
6-Sep-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
2-Sep-2018
6-Sep-2018
5700$
London (UK)
One Week
Click Here
21-Oct-2018
25-Oct-2018
7500$
Istanbul (Turkey)
One Week
Click Here
7-Oct-2018
11-Oct-2018
4700$
Dubai (UAE)
One Week
Click Here
21-Oct-2018
25-Oct-2018
6950$
Paris (France)
One Week
Click Here
4-Nov-2018
8-Nov-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
25-Nov-2018
29-Nov-2018
5700$
London (UK)
One Week
Click Here
16-Dec-2018
20-Dec-2018
7500$
Istanbul (Turkey)
One Week
Click Here
23-Dec-2018
27-Dec-2018
4700$
Dubai (UAE)
One Week
Click Here
16-Dec-2018
20-Dec-2018
6950$
Paris (France)
One Week
Click Here
13-Jan-2019
17-Jan-2019
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
6-Jan-2019
10-Jan-2019
5700$
London (UK)
One Week
Click Here
24-Feb-2019
28-Feb-2019
7500$
Istanbul (Turkey)
One Week
Click Here
3-Feb-2019
7-Feb-2019
4700$
Dubai (UAE)
One Week
Click Here
24-Feb-2019
28-Feb-2019
6950$
Paris (France)
One Week
Click Here

Objectives:

By the end of the program, participants will be able to:

  • Build budget templates and models for their departments or organizations.
  • Apply several forecasting techniques to better manage uncertainties in budgeting.
  • Evaluate capital budgeting decisions using several methods and recommend proper action.
  • Utilize Microsoft Excel functions and tools in the budgeting process.
  • Evaluate the budgeting process in their organization and recommend improvements.

The Content:

Budgeting and Planning

  • The Budget and the Functions of Management
  • Budget as a Planning Tool
  • Budgets and the Key Financial Statements
  • Top-Down versus Bottom-Up Process

Budget Cycle, Process and Approaches

  • The Budget Cycle
  • The Characteristics of Successful Budgeting
  • Making the Budget a Value-Adding Activity
  • Top Ten Problems with Budgeting
  • Choosing the Proper Budgeting Approach:
  • Incremental  Budgeting
  • Zero-Based  Budgeting
  • Flexible  Budgeting
  • Kaizen Budgeting
  • Activity-Based  Budgeting
  • Rolling (Continuous) Budgets and Forecasts
  • The Master Budget and its Components
  • Operating and Capital Budgets
  • Best Practices in Budgeting
  • Creating a User-Friendly Template

Forecasting Techniques

  • Forecasting Models
  • Qualitative and Quantitative Methods
  • Steps in Developing Forecast Models
  • Time Series and Trend Analysis
  • Data Conditioning Techniques
  • Exponential Smoothing and Moving Averages
  • Simple and Multiple Regression Analysis

Advanced Capital Budgeting Evaluation Techniques

  • Business Risk and Cost of Capital
  • Classifying Investment Projects
  • Cash Flow Estimation
  • Analyzing Investment and Operating Cash Flows
  • Time Value of Money Concept
  • The Required Rate of Return
  • Net Present Value (NPV)
  • Internal Rate of Return (IRR)
  • Multiple Internal Rates of Return 
  • Modified Internal Rate of Return (MIRR)
  • Profitability Index (PI)
  • Pay-Back Period and Discounted Pay-Back Period
  • Capital Rationing
  • Comparing and Evaluating Techniques
  • Sensitivity and Risk Analysis

Breakeven Analysis and Optimization Techniques

  • Cost-Volume-Profit (CVP) Analysis
  • Using CVP to Reach a Target Income
  • Single Product and Multiple Products Breakeven Analysis
  • Working with Budget Constraints 
  • Building Optimization Models

Get Information / Register