Financial Analysis, Planning & Controlling Budgets

About the Course

Financial Planning and Analysis (FP&A) are the budgeting, forecasting, and analytical processes that support an organisation's financial health and business strategy. The FP&A discipline combines an in-depth analysis of operational and financial data to help align business processes and strategies with financial goals and evaluate progress toward those goals.

Management has now become an integral part of operations in various organisations. Financial analysis, planning, and control provide an understanding of the various aspects of an organisation, from the calculative aspect to other related practices in the organisation. The key element of the programme is the focus on the practical application of financial models and analysis, which are used to assess the strategic and operational positions of the organisation.

This 5-day interactive Financial Planning, Analysis & Controlling Budgets training course provides an understanding of how companies can apply financial planning and analysis to gain a competitive edge in terms of identifying cost patterns, uncovering savings and maintaining cash flow. The delegates will acquire how to perform financial analysis, the tools you should use and how to interpret the results. You will also learn about various ways of maximising profit and how the current business philosophy adds non-financial goals to this target to achieve a more balanced company and fulfilling business environment.

Core Objectives

This training course is designed to instil delegates in the significant areas of financial management controlling and planning, such as financial analysis, budgeting, and controlling. 

The delegates will achieve the following objectives:

• Understand the types and use of financial statements
• Know how to measure the financial health and performance of a company
• Understand the budgeting process and different types of budgets
• Link finance and operations for budgeting purposes
• Apply various techniques for effective capital investments
• Know the importance of trade credit and working capital in planning

Training Approach

This training course includes numerous practical examples, participative exercises, and case studies. It will be presented very user-friendly to suit individuals with varying financial knowledge and experience levels. It aims to be an enjoyable learning experience. It combines presentations, discussions, team exercises, and case studies.

The Attendees

This training course is designed for business professionals who need or wish to understand the financial aspects of the strategic decision-making process.

Likewise, it will be valuable to the professionals but not limited to the following:

• Supply Chain Professionals
• Financial Officers, Controllers, and Accountants
• Treasurers, Corporate Planning and Business Development Professionals
• Sales and Marketing Professionals
• Managers from any other non-financial areas that need or wish to understand the financial aspects of analysis, planning, and control
• Middle and Junior Management involved in planning and forecasting

Daily Discussion

DAY ONE: UNDERSTANDING FINANCIAL STATEMENTS

• Reporting Framework
• Balance Sheet
• Income Statement
• Statement of Equity
• Cash Flow Statement
• Notes to the Financial Statements
• How are financial statements related?

DAY TWO: FINANCIAL ANALYSIS

• Horizontal Analysis vs Vertical Analysis
• Liquidity Ratios
• Solvency Ratios
• Profitability Ratios
• Fixed and Variable Costs 

DAY THREE: PLANNING & BUDGETING

• What is a budget?
• The Budget Process
• Types of Budgets
• Income Statement Budget
• Balance Sheet Budget
• Cash Budget
• Variance Analysis

DAY FOUR: CAPITAL INVESTMENT TECHNIQUES

• Payback Period Method
• Net Present Value (NPV) Method
• Internal Rate of Return Method
• Alternative Methods
• Choosing Between Projects
• Using Excel to make Company Investment Decisions

DAY FIVE: TRADE CREDIT & WORKING CAPITAL

• What is working capital?
• What is trade credit?
• Cash Management
• Receivable Management
• Inventory Management
• Using Excel to Create a Short-term Plan