The corporate history of the 21st century is notable for the failure of a significant proportion of previously successful enterprises that were unable to adapt to disruptive business model innovation and market changes. In many cases failure can be attributed to the organisation’s inability to plan, execute and adapt successful competitive strategies. Planning, budgeting and forecasting skills are the essential foundation of this critical business process and spreadsheet skills facilitate the rapid development of financial models in vital applications to support these activities.

This hands-on asting and Budgeting training course will focus on practical spreadsheet skills directly relevant to understand and make a practical contribution to the planning, budgeting and forecasting processes.

This training course will feature:

• A comprehensive guide to the business planning and budgeting process
• Practical expert tuition in the development of spreadsheet skills
• Detailed explanation of effective business forecasting techniques
• Explanation of modern business performance management methods
• Development of practical skills for capital investment evaluation
• Leading edge techniques for risk analysis and management

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

• Participate effectively in planning, budgeting and forecasting process
• Apply advanced Excel spreadsheet skills in business forecasting
• Employ leading edge tools for cost analysis and forecasting
• Develop financial models to assist in capital investment decisions
• Make spreadsheet models for cash flow forecasting
• Build powerful “what if” spreadsheet models for risk sensitivity analysis

This training course will use a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The training course will follow a participative workshop format and will be focused on developing practical skills that delegates can apply in real life business situations on return to their own organisation. Each module includes a thorough review of the relevant theory before focusing on life-like business case studies to which delegates can apply the theory and practical spreadsheet skills using powerful Excel functions and statistical tools.

This 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

Texas: On Request