Introduction
Effective budgeting and accurate forecasting are vital for achieving organizational goals and long-term stability. This course is designed to equip you with the skills and knowledge to create, manage, and analyse budgets and develop reliable financial forecasts. Participants will learn how to optimize financial performance, allocate resources efficiently, and make informed strategic decisions. By mastering these critical financial planning tools, you will drive your organization towards sustainable growth and stability.
Course Outline
- Module 1
- Module 2
- Module 3
- Module 4
- Module 5
- Course Objectives
- Target Audience
Introduction
- Budgeting and forecasting.
- Financial planning.
- Types of budgets.
- Key budgeting techniques.
- Short-term and long-term forecasting.
Forecasting Methods
- Time series analysis.
- Regression analysis.
- Delphi method.
- Scenario planning.
- Rolling forecasts.
Budget Development
- Budget preparation process.
- Revenue forecasting.
- Expense forecasting
- Operational budgeting.
- Capital budgeting.
- Cash flow budgeting.
- Zero-Based budgeting.
Variance Analysis & Performance
- Analysing budget variances.
- Root cause analysis and corrective actions.
- Linking budgeting to performance.
- Key performance indicators and metrics.
- Financial software tools.
Budgeting & Forecasting in Practices
- Best practices for effective budgeting.
- Improvement in the budgeting process.
- Best practices for accurate forecasting.
- Staying updated with forecasting techniques.
By the end of this course, participants will be able to:
- Explore the techniques of budgeting and forecasting.
- Utilize forecasting methods to predict financial performance.
- Analyse budget variances and take corrective actions.
- Implement best practices in budgeting and forecasting.
- Explore financial software for budgeting and forecasting.
- Communicate budget and forecast information effectively to stakeholders.
This course is ideal for:
- Financial analysts.
- Financial managers.
- Accountants.
- Business owners and managers.
- Strategic planners.
- Project managers.
- Operations managers.
Course Schedule & Fees
- Kuala Lumpur
- Singapore
- Amsterdam
- Online
- Course Fees
This course will take place in Kuala Lumpur on the following dates:
| 05/05/2025 | 19/05/2025 | 02/06/2025 | 16/06/2025 |
| 30/06/2025 | 14/07/2025 | 28/07/2025 | 11/08/2025 |
| 25/08/2025 | 08/09/2025 | 22/09/2025 | 06/10/2025 |
| 27/10/2025 | 10/11/2025 | 24/11/2025 | 08/12/2025 |
| 22/12/2025 | 05/01/2026 | 19/01/2026 | 02/02/2026 |
This course will take place in Singapore on the following dates:
| 26/05/2025 | 16/06/2025 | 07/07/2025 | 28/07/2025 |
| 18/08/2025 | 08/09/2025 | 29/09/2025 | 20/10/2025 |
| 10/11/2025 | 01/12/2025 | 22/12/2025 | 12/01/2026 |
| 02/02/2026 | 23/02/2026 |
This course will take place in Amsterdam on the following dates:
| 12/05/2025 | 02/06/2025 | 23/06/2025 | 14/07/2025 |
| 04/08/2025 | 25/08/2025 | 15/09/2025 | 06/10/2025 |
| 27/10/2025 | 17/11/2025 | 08/12/2025 | 29/12/2025 |
| 19/01/2026 | 19/01/2026 |
This course will take place Online the following dates:
| 13/05/2025 | 10/06/2025 | 08/07/2025 | 05/08/2025 |
| 02/09/2025 | 30/09/2025 | 28/10/2025 | 25/11/2025 |
| 23/12/2025 | 20/01/2026 | 17/02/2026 |
| Kuala Lumpur | Singapore | Amsterdam | Online |
| USD$ 3,580 | USD$ 5,600 | USD$ 5,600 | USD$ 1,920 |
