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عربي

عربي

course

Advanced Financial and Accounting Management, Financial Planning and Budget Preparation

Why Attend

In an economic environment characterized by ongoing volatility and challenges, financial planning is no longer just a traditional tool for managing expenses and revenues. It has become a pivotal strategic element for ensuring sustainable growth and enhancing organizations' competitiveness. Modern financial planning and budgeting methods are essential pillars upon which finance departments rely to make accurate, flexible, and actionable decisions. These methods focus on the use of predictive models, scenario analysis (what-if analysis), and the dynamic link between strategic objectives and available resources, providing powerful tools for dealing with sudden changes and allocating resources effectively. Modern budgets also enable a more integrated approach between planning and financial reporting, supporting transparency and enhancing the quality of financial evaluation and institutional performance. These methodologies aim not only to control costs, but also to build a flexible, intelligent, and value-oriented financial framework, enabling organizations to make decisions based on accurate data and long-term planning that is aligned with market dynamics. Financial planning and budgeting play a vital role in managing organizations' financial resources. These processes are essential for achieving efficient and effective resource utilization and avoiding financial risks. Modern methods of financial planning and budgeting require a deep understanding of advanced tools and techniques that contribute to improving financial performance and achieving strategic objectives.

Overview

Course Outline

Schedule & Fees

Objectives

By the end of the course, participants will be able to:

Present the concept and importance of financial systems

Highlight financial results and information in an analytical manner

Shedding light on financial planning for existing and new projects

Different alternatives for financial planning and decision-making in core financial matters

Traditional and contemporary principles and methods for planning and evaluating capital investments

Prepare planning budgets using a sound scientific approach

Detect deviations from actual performance from the planning budget, analyze deviations, identify their causes, and propose remedial measures

Methodology

An interactive blend of theoretical and practical methods; Includes instructor-led introductory sessions, group presentations, discussions, question-and-answer sessions, and group and individual exercises.

Target Audiences

Financial departments in the government, oil, and private sectors

Information collection and analysis units

Bank investment management staff and investment managers

New and existing project planning and evaluation units

Target Competencies

Budgeting

Forecasting

Evaluating proposed projects

Evaluating the budget process

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