Budgeting and Forecasting

Recommended Prep Courses

These preparatory courses are optional, but we recommend you complete the stated prep course(s) or possess the equivalent knowledge prior to enrolling in this course:

1. Accounting Fundamentals
2. Excel Crash Course

Budgeting and Forecasting Course Overview

This financial budgeting course will teach you about the entire budgeting process from start to finish, including how to create a disciplined budgeting culture in your organization, the various methods for building budgets, techniques to analyze results, and how to increase the chances of organizational performance improvements. This interactive and applied budgeting course enables participants to:

1. Adopt a disciplined approach to developing budgets
2. Forecast results with quantitative and qualitative methods
3. Effectively use variance analysis to track performance
4. Present results with charts and graphs

Who should take this budgeting class?

This online budgeting class is designed for those who are responsible for financial management, budgeting, and forecasting within their organizations.  This may include professionals working in financial planning and analysis (FP&A), accounting, treasury, financial reporting, corporate development, etc.

What you will learn in this budgeting 101 course

By the end of this budgeting 101 class, participants are able to:

• Understand the principles behind best practice financial management
• Explain the importance of budgeting within a strategic framework
• Build a robust budgeting process within their organization
• Know when and where to use various budgeting approaches such as zero-based budgeting
• Forecast future performance by better analyzing revenue and cost drivers
• Use effective variance reporting to track organizational performance
• Make use of Excel functions and tools that are particularly suited to the budgeting process.

Financial Budgeting Class Content

Topics covered will include:

• Budgeting within a strategic framework
• Building a robust budgeting process
• Managing budget psychology
• A practical guide to developing budgets
• Common budgeting approaches (e.g. Incremental, value-based, zero-based, etc.)
• Forecasting techniques (moving average, regression analysis, etc.)
• Tracking budget performance with variance analysis (waterfall charts, etc.)
• Applied budgeting tools and techniques (Excel, solver, pivot tables, etc.)

CPE Information

For further CPE information, please read before purchasing: https://corporatefinanceinstitute.com/about/cpe-information/ Publish Date: Sep 06, 2017 Last Revision: Jan 18, 2018

Budgeting 101 Class Screenshots