Financial Budgeting, Forecasting & Planning Course

Overview
Course Outline
Scheduled Dates

Course Overview

Managers have financial responsibilities and many have budgets to write and control and face many decisions that require forecasting and planning i.e. preparing their budgets. Using Oil and gas industry examples and exercises, this course aims to break down some of the financial barriers in an entertaining and informative style, with numerous examples. Bring your calculator. It gives an insight into the world of budgeting for financial and non-financial managers and professionals.

Objective:

Define Planning and its Purpose
Describe the Planning and Budgeting Cycle
Explain the Strategic Planning Process
Describe the Major Elements of the Annual Business Plan
Understand why you must link budgeting and forecasting to planning and performance
Describe and Perform the Basic Steps in Preparing a Comprehensive (Master) Budget
Prepare a Capital Budget
Determine and Investigate Budget Variances

Course Outline

Day 1: Understanding the Planning Process

Overview of planning and its role in business strategy.
Key steps in developing a near-term sales plan.
Techniques for sales forecasting and demand estimation.
Methods for analysing cost behaviour using various financial techniques.

Day 2: Budgeting Fundamentals and Strategic Focus

Definition and importance of budgeting in business operations.
Strategic focus on budgeting and its role in financial planning.
Types of budgets and their applications in different business functions.
Advantages of effective budgeting and gaining management support.

Day 3: Linking Budgeting and Forecasting to Performance

Strategic planning and its connection to budgeting and forecasting.
Importance of participative budgeting and communication in planning.
Steps to build a comprehensive budgeting model and structure.
Monitoring and managing cash flow, working capital, and budget performance.

Day 4: Capital Budgeting and Investment Decisions

Understanding capital expenditures and their impact on financial planning.
Key stages of the capital budgeting process.
Evaluating relevant cash flows for investment decisions.
Methods for assessing capital investments and financial feasibility.

Day 5: Budgeting for Control and Performance Management

Understanding flexible budgeting and its advantages over static budgeting.
Using flexible budgets for performance evaluation and variance analysis.
Applying overhead costs in a standard cost system.
Investigating budget variances and their impact on business decisions.

Schedule & Fees

3 For 2Offer

Get the most out of group training with our special discount! Register 3 of your participants together on the same course and only pay for 2.

Select Month

All
May
July
August
September
October
December

Location

All
Amsterdam
Dubai
London
Paris
Riyadh

Popular

Call Us

Call Us

Email Us

Live Chat

Whatsapp

Schedule Meeting

Budgeting, Forecasting and Planning

Course Overview

Course Outline

Day 1: Understanding the Planning Process

Day 2: Budgeting Fundamentals and Strategic Focus

Day 3: Linking Budgeting and Forecasting to Performance

Day 4: Capital Budgeting and Investment Decisions

Day 5: Budgeting for Control and Performance Management

Schedule & Fees

3 For 2Offer

$5,300

Duration: 5 Days

date: 19 - 23 May 2025

$5,300

Duration: 5 Days

date: 28 Jul - 01 Aug 2025

$5,300

Duration: 5 Days

date: 11 - 15 Aug 2025

$5,300

Duration: 5 Days

date: 15 - 19 Sep 2025

$5,300

Duration: 5 Days

date: 20 - 24 Oct 2025

$5,300

Duration: 5 Days

date: 29 Dec, 2025 - 02 Jan, 2026

Duration:5 Days

date:19 - 23 May 2025

$5,300

CPD Standards

Why Choose London Training For Excellence?

Reliability

Support

Tailored

Quality

Recognition

Frequently Asked Questions

How can training courses be used as a company benefit?

How often do you update your course content to ensure relevancy?

Do you keep your classroom environment and instructional methodologies current with today’s real-world workplace?

Are your courses eligible for professional certification?

Related Courses

5 Days course 20 CPD hours

Upcoming 19 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 12 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 19 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 26 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 26 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 19 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 12 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 12 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 19 - 23 May 2025

$5,300

5 Days course 20 CPD hours

Upcoming 19 - 23 May 2025

$5,300