Financial Planning and Control Tools

Why Attend

Learn about the types of budgets, the methods and steps for preparing and implementing them in organizations, applying the behavioral approach to budget preparation, analyzing budget variances, and statistical analysis and how to deal with them. Financial forecasting, cash budgeting, and forecasting analysis of assets. Use of modern financial planning tools, financial position assessment, and data analysis. A workshop on budget preparation and financial planning was held, which addressed: modern financial planning methods, the concept and types of budgets and the foundations for their preparation, the control aspects of the budget, identifying and analyzing variances in light of the concept of comprehensive accounting, and variance reports. Methodology The training course uses a combination of interactive techniques, such as brief presentations by the consultant, group exercises, and real financial statements published using Excel to apply the acquired knowledge, followed by participant presentations of the results.