Why Choose this Training Course?

Effective planning, budgeting and forecasting skills are essential if the organisation is to have any opportunity anticipate and manage the kind of rapid and disruptive change that represents one of the biggest challenges to the survival and strength of 21st century enterprises. This training course will focus on building the practical spreadsheet skills directly relevant to understand and make a practical contribution to these vital planning, budgeting and forecasting processes.

What are the Goals?

By the end of this COPEX training course, delegates will be able to:

  • Participate In and Support the Planning, Budgeting and Forecasting Process
  • Apply Advanced Excel Modelling Skills in These Key Processes
  • Apply Latest Techniques in Cost Forecasting and Management
  • Build Effective Spreadsheet Models to Assist in Investment Decision-Making
  • Develop Models for Applying Sensitivity Analysis to Risk Management
Who is this Training Course for?

This COPEX training course will not only be of benefit to planning team members, but it will also provide a useful insights and tools for other professionals in related fields, in particular the course will greatly benefit:

  • Financial Accounting Team Members
  • Cost and Management Accounting Staff
  • Finance Managers
  • Budget Managers
  • Commercial Managers
  • Capital Investment and Project Team Members
  • Investment Analysts and Acquisition Team Members
  • Risk Managers

  • The aims and principles of strategic planning
  • A framework for effective strategic execution
  • The structure and format of financial statements
  • Measuring and managing financial performance
  • Principles of financial modelling
  • Spreadsheet skills: Excel best practice and modelling tips

  • Spreadsheet skills: using Excel’s statistical analysis tools
  • Using moving averages to analyse time series data
  • Using linear regression for sales trend analysis
  • Applying exponential smoothing to forecasting
  • Spreadsheet skills: using Excel Solver to minimise forecasting error
  • Avoiding common forecasting problems
  • Data visualisation – presenting data to non-financial managers

  • The role of budgeting in the planning cycle
  • Traditional and advanced approaches to cost analysis
  • Spreadsheet skills: using regression and correlation for cost forecasts
  • Criticisms and limitations of conventional budgeting methods
  • Beyond Budgeting
  • Spreadsheet skills: building rolling forecast models

  • Understanding the drivers of business cash flow
  • Spreadsheet skills: building a cash flow forecast model
  • Principles of capital budgeting
  • Capital investment appraisal tools
  • Understanding discounted cash flow (DCF) analysis
  • Spreadsheet skills: building a capital investment appraisal model

  • Identifying and analysing business risk
  • Probability based approach to decision-making
  • Spreadsheet skills: building decision trees in Excel
  • Sensitivity analysis and “What-If” forecasting
  • Identifying the key drivers of financial performance
  • Spreadsheet skills: building a “What-If” forecast for sensitivity analysis
  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
Mastering Spreadsheet Skills for Planning, Forecasting & Budgeting
  • Duration:5 days
  • Format:Classroom
  • Language: English
  • Certificate:Yes
18-22 Dec 2023
Fee: $5,950
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22-26 Apr 2024
Fee: $5,950
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05-09 Aug 2024
Fee: $5,950
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11-15 Nov 2024
Fee: $5,950
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