Advanced Budgeting Workshop Course

BMC Training provides Advanced Budgeting Workshop in Finance , Accounting and Budgeting. There are 35 training sessions in different cities.

Advanced Budgeting Workshop Course Schedule

Type a city name
Venue Start Date End Date Details
Dubai , UAE 17 - 12 - 2023 21 - 12 - 2023
Details
Kuala Lumpur , Malaysia 24 - 12 - 2023 28 - 12 - 2023
Details
Paris , France 17 - 12 - 2023 21 - 12 - 2023
Details
Istanbul , Turkey 28 - 1 - 2024 1 - 2 - 2024
Details
Kuala Lumpur , Malaysia 21 - 1 - 2024 25 - 1 - 2024
Details
Dubai , UAE 14 - 1 - 2024 18 - 1 - 2024
Details
London , UK 7 - 1 - 2024 11 - 1 - 2024
Details
Dubai , UAE 28 - 1 - 2024 1 - 2 - 2024
Details
Paris , France 14 - 1 - 2024 18 - 1 - 2024
Details
Paris , France 28 - 1 - 2024 1 - 2 - 2024
Details
Dubai , UAE 25 - 2 - 2024 29 - 2 - 2024
Details
Kuala Lumpur , Malaysia 18 - 2 - 2024 22 - 2 - 2024
Details
Istanbul , Turkey 11 - 2 - 2024 15 - 2 - 2024
Details
London , UK 4 - 2 - 2024 8 - 2 - 2024
Details
Dubai , UAE 11 - 2 - 2024 15 - 2 - 2024
Details
Dubai , UAE 4 - 2 - 2024 8 - 2 - 2024
Details
Paris , France 25 - 2 - 2024 29 - 2 - 2024
Details
Paris , France 11 - 2 - 2024 15 - 2 - 2024
Details
Paris , France 4 - 2 - 2024 8 - 2 - 2024
Details
Istanbul , Turkey 17 - 3 - 2024 21 - 3 - 2024
Details
Kuala Lumpur , Malaysia 10 - 3 - 2024 14 - 3 - 2024
Details
Dubai , UAE 3 - 3 - 2024 7 - 3 - 2024
Details
London , UK 24 - 3 - 2024 28 - 3 - 2024
Details
Dubai , UAE 17 - 3 - 2024 21 - 3 - 2024
Details
Paris , France 3 - 3 - 2024 7 - 3 - 2024
Details
Paris , France 17 - 3 - 2024 21 - 3 - 2024
Details
Dubai , UAE 28 - 4 - 2024 2 - 5 - 2024
Details
Kuala Lumpur , Malaysia 7 - 4 - 2024 11 - 4 - 2024
Details
Istanbul , Turkey 14 - 4 - 2024 18 - 4 - 2024
Details
London , UK 21 - 4 - 2024 25 - 4 - 2024
Details
Dubai , UAE 14 - 4 - 2024 18 - 4 - 2024
Details
Dubai , UAE 21 - 4 - 2024 25 - 4 - 2024
Details
Paris , France 28 - 4 - 2024 2 - 5 - 2024
Details
Paris , France 14 - 4 - 2024 18 - 4 - 2024
Details
Paris , France 21 - 4 - 2024 25 - 4 - 2024
Details

Course Description

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