Advanced Budgeting and Forecasting

What Will You Learn?

• Day 1: Foundations of Budgeting and Forecasting
• Understanding the Importance of Budgeting and Forecasting
• Key Concepts in Financial Planning
• Overview of Traditional Budgeting Methods
• Introduction to Forecasting Techniques
• Day 2: Advanced Budgeting Techniques
• Zero-Based Budgeting (ZBB) Strategies
• Activity-Based Budgeting (ABB)
• Flexible Budgeting for Dynamic Environments
• Beyond Budgeting Principles
• Day 3: Financial Modeling for Budgeting and Forecasting
• Building Dynamic Financial Models
• Integrating Financial Statements
• Sensitivity Analysis and Scenario Planning
• Real Options Analysis in Budgeting
• Day 4: Rolling Forecasts and Continuous Planning
• Implementing Rolling Forecasts
• Advantages of Continuous Planning
• Adaptive Budgeting Strategies
• Technology Solutions for Continuous Planning
• Day 5: Forecast Accuracy and Performance Metrics
• Measuring Forecast Accuracy
• Key Performance Indicators (KPIs) for Budgeting and Forecasting
• Benchmarking and Comparative Analysis
• Final Project: Applying Advanced Budgeting and Forecasting Techniques