Overview
Budgeting and Forecasting
This financial budgeting course will teach you about the entire budgeting process from start to finish, including how to create a disciplined culture of budgeting in your organization, the various methods for building budgets, techniques to analyze results, and how to increase the chances of organizational performance improvements.
This interactive and applied budgeting course enables participants to:
- Adopt a disciplined approach to developing budgets
- Forecast results with quantitative and qualitative methods
- Effectively use variance analysis to track performance
- Present results with charts and graphs
Who should take this budgeting class?
This online budgeting class is designed for those who are responsible for financial management, budgeting, and forecasting within their organizations. This may include professionals working in financial planning and analysis (FP&A), accounting, treasury, financial reporting, corporate development, etc.
Financial budgeting class content
Topics covered will include:
- Budgeting within a strategic framework
- Building a robust budgeting process
- Managing budget psychology
- A practical guide to developing budgets
- Common budgeting approaches (e.g. Incremental, value-based, zero-based, etc.)
- Forecasting techniques (moving average, regression analysis, etc.)
- Tracking budget performance with variance analysis (waterfall charts, etc.)
- Applied budgeting tools and techniques (Excel, solver, pivot tables, etc.)
CPE Information
For further CPE information, please read before purchasing:
https://value-spin.live/about/cpe-information/%3C/a%3E%3C/p%3E
Publish Date: Sep 06, 2017
Last Revision: Jan 18, 2018
Budgeting 101 class screenshots
Budgeting and Forecasting Learning Objectives
- Adopt a disciplined approach to developing budgets
- Forecast results with quantitative and qualitative methods
- Effectively use variance analysis to track performance
- Present results with charts and graphs
- Understand the principles behind best practice financial management
- Explain the importance of budgeting within a strategic framework
- Build a robust budgeting process within their organization
- Know when and where to use various budgeting approaches such as zero-based budgeting
- Forecast future performance by better analyzing revenue and cost drivers
- Use effective variance reporting to track organizational performance
- Make use of Excel functions and tools that are particularly suited to the budgeting process
Prerequisite Skills
Recommended skills to have before taking this course.
- Excel
- Critical thinking
- Financial accounting
Level 3
2h 44min
100% online and self-paced
Field of Study: Finance
Start LearningWhat You'll Learn
Building a Robust Budgeting Process
A Practical Guide to Developing Budgets
Forecasting Techniques
Tracking Budget Performance with Variance Analysis
Applied Budgeting Tools and Techniques in Excel
Qualified Assessment
This Course is Part of the Following Programs
Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.
Financial Modeling & Valuation Analyst (FMVA®) Certification
- Skills Learned Financial modeling and valuation, sensitivity analysis, strategy
- Career Prep Investment banking and equity research, FP&A, corporate development
Finance for Non-Finance Managers
- Skills You’ll Gain Accounting, Finance, Budgeting and Forecasting, Strategy
- Great For Operations, Marketing or Sales Managers, Department Heads/Team Leaders, Strategy Consultant, Non-Finance Executive Roles (e.g. COO, CTO) and more
