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UID:f501a9199746b3cfd611e00a5fcfeef9@egytraining.org
SUMMARY:Advanced Budgeting Workshop
DESCRIPTION:Introduction\nThis course is considered the second level in bud
 geting\, following our "Effective Budgeting and Cost Control" program. It m
 oves beyond the theory of budgeting as a concept and delves into specific s
 teps to make budgeting a value-added process in the organization. By buildi
 ng user-friendly models and applying scenario analysis\, management will sp
 end less time gathering data and more time analyzing it for informed decisi
 on-making. Several Microsoft Excel tools are used throughout the course\, m
 aking it practical and providing participants with the skills to apply the 
 tools immediately in their organizations. These tools include 'what-if' ana
 lysis\, solver\, and many others.\nCourse Objectives\nBy the end of this co
 urse\, participants will be able to:\n\nCreate budget templates and models 
 for their departments or organizations.\nApply various forecasting techniqu
 es to manage uncertainties in budgeting.\nEvaluate capital budgeting decisi
 ons using several methods and recommend proper actions.\nUtilize Microsoft 
 Excel functions and tools in the budgeting process.\nEvaluate the budgeting
  process in their organization and recommend improvements.\n\nCourse Outlin
 es\nDay 1: Budgeting and Planning\n\nBudget and management functions.\nBudg
 et as a planning tool.\nBudget and key financial statements.\nTop-down vers
 us bottom-up process.\n\nDay 2: Budget Cycle\, Process\, and Approaches\n\n
 The budget cycle.\nCharacteristics of successful budgeting.\nMaking the bud
 get a value-adding activity.\nTop ten problems with budgeting.\nChoosing th
 e proper budgeting approach:\n\nIncremental budgeting.\nZero-based budgetin
 g.\nFlexible budgeting.\nKaizen budgeting.\nActivity-based budgeting.\nRoll
 ing (continuous) budgets and forecasts.\nMaster budget and its components.\
 nOperating and capital budgets.\n\n\nBest practices in budgeting.\nCreating
  a user-friendly budget template.\n\nDay 3: Forecasting Techniques\n\nForec
 asting models.\nQualitative and quantitative methods.\nSteps in developing 
 forecasting models.\nTime series and trend analysis.\nData conditioning tec
 hniques.\nExponential smoothing and moving averages.\nSimple and multiple r
 egression analysis.\n\nDay 4: Advanced Capital Budgeting Evaluation Techniq
 ues\n\nBusiness risks and capital.\nClassifying investment projects.\nCash 
 flow estimation.\nAnalyzing investment and operating cash flows.\nTime valu
 e of money concepts.\nRequired rate of return.\nNet Present Value (NPV).\nI
 nternal Rate of Return (IRR).\nMultiple Internal Rate of Return (MIRR).\nPr
 ofitability Index (PI).\nPayback period and discounted payback period.\nCap
 ital rationing.\nComparing and evaluating techniques.\nSensitivity and risk
  analysis.\n\nDay 5: Breakeven Analysis and Optimization Techniques\n\nCost
  Volume Profit (CVP) analysis.\nUsing CVP to achieve target income.\nBreake
 ven analysis for single and multiple products.\nWorking with budget constra
 ints.\nBuilding optimization models.\n\nWhy Attend this Course: Wins & Loss
 es!\n\nLearn advanced budgeting techniques and apply them directly in finan
 cial planning.\nGain the skills necessary to develop strong financial strat
 egies and create accurate budgets using Excel tools.\nLearn budget forecast
 ing techniques and how to manage the uncertainties in financial planning.\n
 Evaluate capital budgeting decisions using advanced tools like NPV and IRR.
 \nApply strategic financial planning strategies that enhance financial effi
 ciency within the organization.\n\nConclusion\nThis Advanced Budgeting and 
 Strategic Financial Planning course equips participants with the tools and 
 skills necessary to improve budgeting capabilities and financial decision-m
 aking. Whether you're managing operating budgets or capital budgets\, you'l
 l be able to leverage advanced techniques like sensitivity analysis\, forec
 asting\, and capital budgeting evaluation to achieve optimal financial outc
 omes for your organization.\nBy the end of the course\, you'll be equipped 
 to make strategic\, informed decisions that contribute to better long-term 
 financial performance.
LOCATION:Riyadh
DTSTAMP:20260614T234535Z
DTSTART:20260802T034500Z
DTEND:20260815T210500Z
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