/  Advanced Budgeting Workshop Training

Advanced Budgeting Workshop Training

BMC Training provides a training course in Advanced Budgeting Workshop in Finance , Accounting and Budgeting

Course Title
Venue
Start Date
End Date
  • London
    26 - 3 - 2023
    30 - 3 - 2023
  • Kuala Lumpur
    2 - 4 - 2023
    6 - 4 - 2023
  • Istanbul
    9 - 4 - 2023
    13 - 4 - 2023
  • Dubai
    9 - 4 - 2023
    13 - 4 - 2023
  • Paris
    9 - 4 - 2023
    13 - 4 - 2023
  • London
    16 - 4 - 2023
    20 - 4 - 2023
  • Dubai
    16 - 4 - 2023
    20 - 4 - 2023
  • Paris
    16 - 4 - 2023
    20 - 4 - 2023
  • Dubai
    23 - 4 - 2023
    27 - 4 - 2023
  • Paris
    23 - 4 - 2023
    27 - 4 - 2023
  • Kuala Lumpur
    7 - 5 - 2023
    11 - 5 - 2023
  • Istanbul
    14 - 5 - 2023
    18 - 5 - 2023
  • Dubai
    14 - 5 - 2023
    18 - 5 - 2023
  • Paris
    14 - 5 - 2023
    18 - 5 - 2023
  • Dubai
    21 - 5 - 2023
    25 - 5 - 2023
  • Paris
    21 - 5 - 2023
    25 - 5 - 2023
  • London
    28 - 5 - 2023
    1 - 6 - 2023
  • London
    4 - 6 - 2023
    8 - 6 - 2023
  • Dubai
    4 - 6 - 2023
    8 - 6 - 2023
  • Paris
    4 - 6 - 2023
    8 - 6 - 2023
  • Dubai
    11 - 6 - 2023
    15 - 6 - 2023
  • Paris
    11 - 6 - 2023
    15 - 6 - 2023
  • Kuala Lumpur
    18 - 6 - 2023
    22 - 6 - 2023
  • Istanbul
    25 - 6 - 2023
    29 - 6 - 2023
  • Dubai
    25 - 6 - 2023
    29 - 6 - 2023
  • Paris
    25 - 6 - 2023
    29 - 6 - 2023
  • Istanbul
    2 - 7 - 2023
    6 - 7 - 2023
  • Dubai
    2 - 7 - 2023
    6 - 7 - 2023
  • Paris
    2 - 7 - 2023
    6 - 7 - 2023
  • Kuala Lumpur
    9 - 7 - 2023
    13 - 7 - 2023
  • Kuala Lumpur
    16 - 7 - 2023
    20 - 7 - 2023
  • London
    23 - 7 - 2023
    27 - 7 - 2023
  • Dubai
    6 - 8 - 2023
    10 - 8 - 2023
  • Paris
    6 - 8 - 2023
    10 - 8 - 2023
  • Kuala Lumpur
    13 - 8 - 2023
    17 - 8 - 2023
  • Istanbul
    20 - 8 - 2023
    24 - 8 - 2023
  • Dubai
    20 - 8 - 2023
    24 - 8 - 2023
  • Paris
    20 - 8 - 2023
    24 - 8 - 2023
  • London
    27 - 8 - 2023
    31 - 8 - 2023
  • Dubai
    27 - 8 - 2023
    31 - 8 - 2023
  • Paris
    27 - 8 - 2023
    31 - 8 - 2023
  • Kuala Lumpur
    3 - 9 - 2023
    7 - 9 - 2023
  • Dubai
    10 - 9 - 2023
    14 - 9 - 2023
  • Paris
    10 - 9 - 2023
    14 - 9 - 2023
  • London
    17 - 9 - 2023
    21 - 9 - 2023
  • Istanbul
    24 - 9 - 2023
    28 - 9 - 2023
  • Dubai
    24 - 9 - 2023
    28 - 9 - 2023
  • Paris
    24 - 9 - 2023
    28 - 9 - 2023
  • Istanbul
    1 - 10 - 2023
    5 - 10 - 2023
  • Dubai
    1 - 10 - 2023
    5 - 10 - 2023
  • Paris
    1 - 10 - 2023
    5 - 10 - 2023
  • London
    8 - 10 - 2023
    12 - 10 - 2023
  • Dubai
    8 - 10 - 2023
    12 - 10 - 2023
  • Paris
    8 - 10 - 2023
    12 - 10 - 2023
  • Dubai
    15 - 10 - 2023
    19 - 10 - 2023
  • Paris
    15 - 10 - 2023
    19 - 10 - 2023
  • Kuala Lumpur
    22 - 10 - 2023
    26 - 10 - 2023
  • Dubai
    5 - 11 - 2023
    10 - 11 - 2023
  • Paris
    5 - 11 - 2023
    10 - 11 - 2023
  • London
    12 - 11 - 2023
    17 - 11 - 2023
  • Istanbul
    19 - 11 - 2023
    24 - 11 - 2023
  • Dubai
    19 - 11 - 2023
    24 - 11 - 2023
  • Paris
    19 - 11 - 2023
    24 - 11 - 2023
  • Kuala Lumpur
    26 - 11 - 2023
    30 - 11 - 2023
  • London
    3 - 12 - 2023
    7 - 12 - 2023
  • Dubai
    3 - 12 - 2023
    7 - 12 - 2023
  • Paris
    3 - 12 - 2023
    7 - 12 - 2023
  • Istanbul
    10 - 12 - 2023
    14 - 12 - 2023
  • Dubai
    10 - 12 - 2023
    14 - 12 - 2023
  • Paris
    10 - 12 - 2023
    14 - 12 - 2023
  • Dubai
    17 - 12 - 2023
    21 - 12 - 2023
  • Paris
    17 - 12 - 2023
    21 - 12 - 2023
  • Kuala Lumpur
    24 - 12 - 2023
    28 - 12 - 2023

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

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