عربي
عربي
Passionately developing careers since 2000.
عربي
عربي
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Why Attend
This course will provide participants with the opportunity to learn about a wide range of financial forecasting methods, budgeting methodologies, variance analysis, and performance measurement, combining academic knowledge with practical application. This training course will be delivered in a diverse format, including lectures, case studies, interactive work examples between participants and the trainer, as well as exercises and discussion groups. The course aims to develop participants' skills and increase their knowledge in everything related to financial forecasting, financial reporting, and budgeting, both planning and control. The goal is to provide financial information that helps them understand and analyze problems related to measuring and evaluating achieved performance for the purposes of improving and evaluating the financial and administrative performance of an organization, and to provide financial information that aids in administrative decision-making. This course covers several topics, including: modern forecasting standards in planning and budgeting, financial planning (its nature, importance, and tools), strategic planning and its nature, the link between planning and budgeting, the role of the budget in implementing plans, preparing planning budgets, skills in preparing financial reports and final accounts, and many other topics. The training course aims to introduce participants to the basic skills necessary to understand the financial planning and budgeting processes for decision-making, and modern methods of forecasting and financial planning under conditions of uncertainty and information ambiguity. It will also highlight the development of financial analysis skills to rationalize the planning, control, and financial decision-making process, as well as the skill of preparing planning budgets and how to achieve their desired objectives.
Overview
Course Outline
Schedule & Fees
Objectives
By the end of the course, participants will be able to:
Understand modern methods of forecasting and financial planning under conditions of uncertainty and information ambiguity.
Apply the concept, tools, and methods of planning, the steps for preparing plans, and modern quantitative methods used in financial forecasting.
Understand the importance of budgets in planning and control, how to use them, how to prepare them, how to work the budget through its various components, including sub-budgets. They will also understand the difference between a fixed budget and a flexible budget.
Get practical application for preparing operational and financial planning budgets and how to prepare them in various economic and governmental activities.
Use modern financial, accounting, and administrative tools in preparing current, cash, and capital planning budgets. Participants will develop their skills in using computers to prepare planning budgets, using advanced statistical methods, which will improve the accuracy of estimates. Acquire the skill of preparing plans and translating them electronically into budgets, and how to achieve the desired objectives.
Practical and practical electronic application of scientific principles in monitoring the implementation of financial budgets.
Apply scientific methods to prepare planning budgets as a planning, monitoring, and control tool.
Methodology:
An interactive blend of theoretical and practical methods; includes introductory sessions led by the trainer, group presentations, discussions, question-and-answer sessions, and group and individual exercises.
Target Audience:
Accountants and financial department employees in private and governmental institutions.
Workers in planning and budget preparation departments.
Budget preparation specialists.
Internal auditors in institutions.
Managers and heads of non-financial departments.
Financial analysts.
Managers of financial departments in governmental, public, and private sector institutions.
Target Competencies:
Budgeting
Forecasting
Evaluating proposed projects
Evaluating the budget process.
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