Forecasting and
Cost Analysis Techniques

Online Training Course Overview

Are your financial plans and budgets based on accurate costing of your products and services?

Are your forecasts of sales and costs objective and realistic, or are your budgets perhaps based on ‘what we did last year’ plus a percentage uplift?  Many organisations continue to use out-of-date costing systems and information. Many organisations continue to plan and budget using an unrealistic percentage uplift of previous years results.

This AZTech online course includes forecasting techniques and cost behavior analysis, using examples, exercises and real-life case studies throughout to provide attendees with the awareness and essential techniques and skills to prepare more effective financial plans, and budgets for both planning and control.

Online Training Course Objectives

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

• Analyse the applicability of historical data using Excel® and other techniques
• Apply the most appropriate forecasting methods for your specific planning purposes
• Understand cost behaviour, and analysis of fixed, variable, semi-fixed, and semi-variable costs
• Use alternative costing methods including activity based costing, and activity based budgeting
• Provide management information on a more timely and useful basis to decision makers

Designed For

This AZTech online training course is suitable for a wide range of professionals but will greatly benefit:

• Professionals who require a more in-depth understanding of integrated planning and budgeting techniques
• Accountants responsible for budget preparation and management reporting
• Financial planners and cost analysts
• Line managers with direct planning and budgeting responsibility
• Professional advisers, accounting personnel and business consultants.

• AZTech Certificate of Completion for delegates who attend and complete the training course