BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.2.3.1//EN BEGIN:VEVENT UID:1711@x8ti.com DTSTART;TZID=Asia/Riyadh:20260727T090000 DTEND;TZID=Asia/Riyadh:20260731T130000 DTSTAMP:20260207T235420Z URL:https://x8ti.com/event/advance-budgeting-and-forecasting-training-cour se-2/ SUMMARY:Advance Budgeting and Forecasting Training Course DESCRIPTION:Introduction \nFinancial planning involves raising and allocat ing funds based on the overall business strategy. The starting point for t his process is the organization’s Mission/Vision Statements. Effective f inancial planning is essential for an organization's financial viability. Budgeting is a critical aspect of this process\, requiring annual preparat ion and quarterly reviews. It should include sales forecasts\, cost of sal es\, operating overheads\, and capital expenditure plans. Financial report s provide deep insights into a company’s financial health\, aiding in fu ture planning and decision-making. This course will empower senior executi ves to understand budget statements\, measure performance\, and make infor med decisions.\nLearning Objectives\nUpon completing the Certificate in Ad vanced Budgeting and Forecasting course\, participants will:\n\n Apprecia te the importance of effective budget preparation and financial planning.\ n Understand various sources of finance and their utilization based on th e cost of capital.\n Make sound investment decisions through proper appra isal.\n Obtain an overview of financial statements and management reports to evaluate performance.\n Understand concepts of ratio\, horizontal\, a nd vertical analyses.\n Prepare competitor analysis\, market trends\, and related explanations for top-level discussions.\n Understand cost behavi or and its impact on financial planning.\n Provide detailed analysis and observations on individual business units’ results.\n Understand variou s types of budgets and select the most suitable for the organization.\n U se financial modeling to forecast profitability and cash flows with sensib le assumptions.\n Understand the different components of working capital and reduce the operating cycle.\n Manage and control budgets and forward plans effectively.\n Learn best practices in financial planning and manag ement.\n\nTraining Methodology\nThis collaborative course will include:\n\ n Lectures\n Seminars &\; Presentations\n Group Discussions\n Assig nments\n Case Studies &\; Functional Exercises Xcelerate Training Inst itue uses the ‘Do-Review-Learn-Apply’ model for practical and interact ive learning.\n\nBenefits for Your Organization\nOrganizations will benefi t from:\n\n Understanding the theory and merits of corporate financial pl anning.\n Aligning the planning process with the overall strategic plan.\ n Performing investment appraisals to optimize ROI.\n Estimating fund re quirements and understanding the cost of capital.\n Maintaining a balance between fund inflows and outflows for healthy liquidity.\n Evaluating fi nancial statements and measuring performance against market trends.\n Ide ntifying suitable budget types for the organization.\n Differentiating be tween revenue and capital expenditures in budget components.\n Allocating budgets smartly based on division requirements.\n Recognizing cost behav ior for better analysis and identifying cost-cutting areas.\n Assessing w orking capital requirements and reducing the operating cycle.\n Maintaini ng a balance between inventory\, debtors\, and creditors.\n\nBenefits for You\nParticipants will gain:\n\n Key accounting concepts for financial pl anning.\n Skills to evaluate capital structure\, understand equity and de bt capital\, and calculate the cost of capital.\n Ability to conduct inve stment appraisals and prepare sensitivity analyses.\n Skills to calculate ROI and net cash flow for capital projects.\n Expertise in building inte grated financial models for budget preparation\, including cash flow forec asts.\n Understanding of cost behavior and variance analyses.\n Ability to differentiate between capital and revenue expenditures for effective pl anning.\n Knowledge of all working capital components and how to optimize them.\n Skills to liaise with senior management in preparing financial a nd strategic plans.\n Ability to evaluate financial reports and understan d information flow within statements.\n Expertise in preparing ratio anal yses and reporting to senior management.\n Opportunities for personal dev elopment and increased financial awareness.\n\nTarget Audience\nThis cours e is suitable for:\n\n Chairmen\n Members of the Board of Directors\n C -suite Executives (CEOs\, CFOs\, COOs)\n External and Internal Auditors\n Members of Audit Committees\n Senior Executives and Management Committe e Members\n Finance Professionals\n Shareholders and Business Owners eag er to learn the fundamentals of financial planning\n\nCourse Outline\nIntr oduction\n\n Overall Strategic Plan\n Mission/Vision Statement\n Majori ty/Minority Shareholders\n Profitability vs. Liquidity\n\nBudget Process and Management\n\n Preparation of Master Budget\n Fixed vs. Flexible Bud gets\n Quarterly Reviews\n Forward Planning\n Budget vs. Actual Compari son\n Zero-Based Budgets\n\nBudget Statements\n\n Balance Sheet\n Profi t &\; Loss Statement\n Statement of Cash Flow\n Budget Assumptions\n Accompanying Notes\n\nSources of Finance\n\n Equity and Debt Financing\n Gearing Ratios\n Cost of Capital\n Weighted Average Cost of Capital\n Dividend Payment Decisions\n\nCapital Expenditure\n\n Capital Investment Appraisal\n Return on Investment\n Payback Period\n Net Present Value\ n Internal Rate of Return\n Lease or Buy Decisions\n Tax Implications\n \nWorking Capital Control\n\n Inventory Control\n Accounts Receivable\n Accounts Payable\n Reconciliation of Sub-ledgers\n Other Current Assets &\; Liabilities\n Tax and Deferred Taxation\n\nCost Accounting\n\n T otal Absorption Costing\n Marginal Costing\n Contribution Margin\n Brea k-even Analysis\n Sensitivity Analysis\n\nComparison with Actuals\n\n Ra tio Analysis\n Vertical and Horizontal Balance Sheet &\; P&\;L Stat ements\n Variance Analysis (Price\, Quantity\, Mix Variance)\n ATTACH;FMTTYPE=image/jpeg:https://x8ti.com/wp-content/uploads/2025/01/b36b 4cb3-0b14-4fe7-ad0e-ce7a0750b265.jpg CATEGORIES:Accounting & Finance LOCATION:http://online END:VEVENT BEGIN:VTIMEZONE TZID:Asia/Riyadh X-LIC-LOCATION:Asia/Riyadh BEGIN:STANDARD DTSTART:20250727T090000 TZOFFSETFROM:+0300 TZOFFSETTO:+0300 TZNAME:+03 END:STANDARD END:VTIMEZONE END:VCALENDAR