Budgeting & Forecasting

LENGTH:

A 1-day in-depth program

PARTICIPANT PROFILE:

Mid to senior-level managers, finance professionals, business leaders, and department heads responsible for planning, budgeting, and financial decision-making.

PROGRAM HIGHLIGHTS:

• Fundamentals and stages of budgeting
• Budgeting process and zero-based budgeting
• Information required and roles in budgeting
• Impact of inflation, policies, and operating environment
• Budgeting as a control tool for efficiency
• Myths around “profit” and understanding cash flow vs. profit
• Managing surplus and contingency provisions
• Linking budgets to business objectives and financial outcomes
• Preparing and analyzing cash flow statements
• Incorporating capital investment decisions in planning
• Capital investment evaluation techniques (NRV, IRR, Cost of Capital)
• Time value of money and sensitivity analysis
• Rolling forecasts: concepts, implementation, and comparison with budgets
• Real-time budgeting and forecasting practices
• Practical budget template for organizational use

KEY TAKEAWAYS:

• Clear understanding of budgeting principles and processes
• Skills to link budgets with organizational goals and financial outcomes
• Ability to evaluate capital investments and financial performance
• Practical exposure to cash flow management and forecasting tools
• Hands-on experience with rolling forecasts and real-time budget monitoring
• Ready-to-use budget template for organizational application