Course Title:

Financial Planning and Preparation of Estimated Budget

Course ID:

260824 0170 348PRA

Course Dates :

26/Aug/2024

 To

30/Aug/2024

Course Duration :

5

Course Location:

Istanbul

Turkey

Course Fees GBP £ :

Primary Price

£3,087.16

VAT may vary depending on the country where the course or workshop is held

Course Fees USD $:

Advisory Price

$3,950.00

VAT may vary depending on the country where the course or workshop is held

Course Category:

Professional and CPD Training Programs

Accounting, Finance

Course Certified By:

* Professional Training and CPD Programs
Leading to : Executive Diploma Certificate
Leading to : Executive Mini Masters Certificate
Leading to : Executive Masters Certificate

* ESHub CPD
* LondonUni - Executive Management Training
* Others

United Kingdom

Secure Your Place

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Information

Introduction

This course is designed to help you develop the skills and knowledge necessary to plan and prepare an effective and realistic budget for your organisation.
You will learn how to analyse financial data, identify revenue sources and expenditure items, allocate resources, and monitor and evaluate budget performance.
You will also learn how to communicate your budget to various stakeholders and how to deal with common budget challenges.

Objectives

Participants attending the programme will:
• Learn the new techniques of financial planning and control.
• Understand, the new trends in accounting and financial statements analysis (Financial Ratios, Sources & Uses of Money, Du-Pont, Market & Economic Value Added)
• Understand the importance of Financial Forecasting and Techniques and their role in assessing and minimizing projects returns.
• Financial Budgeting and Preparations (Items, Financial Cash Flow Forecast, Break-even analysis and Budgeting)

Who Should Attend?

Seniors engineers, managers, head of department, bankers, non-financials and non-accountants, professional businessmen, auditors, investors, staff and specialists as well as those nominated to join any of these previously mentioned position

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Daily Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm

Secure Your Place

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

Course Outlines

Week 1

Day One
How to interpret and Perform Financial Statement Analysis
• Fundamentals of Finance
• Understand basic financial statements and be able to explain their usefulness for the external analysis of a firm
• Appreciate the usefulness as well as the limitations of financial ratios
• Resources and uses of Money
• Financial Ratios Analysis
• Du Pont Formula
• Financial & Non-Financial analysis

Day Two
Financial Forecasting and Techniques
• Role of Financial Forecasting
• New Techniques in Financial Forecasting
• Forecasted Financial Position
• Percentage of Sales Percentage
• Regression Analysis
• Syndicate exercise: Working in small groups

Day Three
Financial Budgeting
• Know the principles used to decide the most capital budgeting criteria.
• Budgeting in today’s competitive business
• The Budgeting Process
• The role of budgeting
• Annual budgeting process
• Identifying and resolving budgeting variances
• Different budgeting systems in use today
• Essential of Finance & Accounting

Day Four
Financial Planning and Control
• Cash-Flow forecast
• Break-even analysis (units and monetary)
• Operating leverage
Asset Management
• Understand the Main Assets Management Techniques
• Working-Capital Management & Short Term Financial

Day Five
Capital Budgeting
• Investment profitability analysis:
• Simple Rate of Return (SRR)
• Calculations
• Return on equity
• Payback Period (PBP)
• Wagner Law
• Discounted Payback Period
• Pros and Cons
• Discounted Cash-Flow methods:
• Net Present Value (NPV)
• Internal Rate of Return (IRR)
• Problem Solving, exercises and case studies
• Workshops
• Group exercises and discussions

Secure Your Place

Please Note : Your £250.00 Deposit will be deducted from the total invoice Amount.
To commence the registration process for your training course, please follow the link provided and proceed with; Upon successful payment, we will promptly contact you to finalize your enrollment and issue a confirmation of your guaranteed placement.

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