Close
Close

QUICK SEARCH
Search your Courses by Keywords


An intensive professional development training course on

Planning, Managing and
Measuring Performance
using Spreadsheet Skills

The Structure

This comprehensive training course consists of two modules which can be booked as a 10 Day Training event, or as individual, 5 Day training courses.

Module 1 - Spreadsheet Skills for Planning, Forecasting & Budgeting
Module 2 - Effective Budgeting & Operational Cost Control

The Course Content

Module 1 - Spreadsheet Skills for Planning, Forecasting & Budgeting

Day One: Fundamentals of Business Planning

  • The aims and principles of strategic planning
  • A framework for effective strategic execution
  • The structure and format of financial statements
  • Measuring and managing financial performance
  • Principles of financial modelling
  • Spreadsheet skills: Excel best practice and modelling tips

Day Two: Principles and Techniques of Business Forecasting

  • Spreadsheet skills: using Excel’s statistical analysis tools
  • Using moving averages to analyse time series data
  • Using linear regression for sales trend analysis
  • Applying exponential smoothing to forecasting
  • Spreadsheet skills: using Excel Solver to minimise forecasting error
  • Avoiding common forecasting problems
  • Data visualisation – presenting data to non-financial managers

Day Three: Budgeting for Revenue and Operating Costs

  • The role of budgeting in the planning cycle
  • Traditional and advanced approaches to cost analysis
  • Spreadsheet skills: using regression and correlation for cost forecasts
  • Criticisms and limitations of conventional budgeting methods
  • Beyond Budgeting
  • Spreadsheet skills: building rolling forecast models

Day Four: Cash Flow Forecasting and Cash Budgeting

  • Understanding the drivers of business cash flow
  • Spreadsheet skills: building a cash flow forecast model
  • Principles of capital budgeting
  • Capital investment appraisal tools
  • Understanding discounted cash flow (DCF) analysis
  • Spreadsheet skills: building a capital investment appraisal model

Day Five: Incorporating Risk Management in to Planning and Forecasting

  • Identifying and analysing business risk
  • Probability based approach to decision-making
  • Spreadsheet skills: building decision trees in Excel
  • Sensitivity analysis and “What-If” forecasting
  • Identifying the key drivers of financial performance
  • Spreadsheet skills: building a “What-If” forecast for sensitivity analysis

Module 2 - Effective Budgeting & Operational Cost Control

Day Six: Introduction: Building a Common Financial Language

  • The key role of budgeting and cost control in contemporary organizations
  • The 21st century business imperative: Delivering value added (but to whom?)
  • Financial vs. Managerial accounting (for decision making)
  • Understand your processes: Integrating financial and non-financial aspects
  • The budgeting process
  • Examples and Discussion

Day Seven: The Budgeting Process

  • The key features of budgeting
  • Advantages and concerns with budgeting
  • Accountability and centers of responsibility
  • Zero-based budgeting
  • Budgeting and cost control
  • Examples and Discussion

Day Eight: Cost Analysis

  • Different costs for different purposes
  • Fixed vs. Variable costs
  • The Cost-Volume-Profit analysis model
  • Contribution Margin analysis
  • Examples and Discussion

Day Nine: Traditional vs. Advanced Techniques in Cost-Control

  • Under-costing and over-costing: The consequences for profitability
  • Indirect (OH) vs. Direct costs
  • Traditional Cost Allocations systems vs. Activity-Based Costing (ABC)
  • Linking resources, activities and management
  • Variance analysis
  • Video, Case Study and Examples

Day Ten: Beyond the Budgets: Balanced scorecards and Six-sigma

  • Broadening performance measurement systems
  • Beyond budgeting: Integrating financial and non-financial issues
  • Introducing the Balanced Scorecard
  • Introducing the Strategy maps
  • Introducing Six-sigma
  • Video, Case Study and examples

The Certificate

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

DO YOU WANT TO
LEARN MORE ABOUT THIS COURSE?

Request for In-House Solutions
Request for
In-House Solutions
Request for More Details
Request for
More Details
Share this Course With a Colleague
Share this Course
With a Colleague
Request Brochure
Request for a
Course Brochure

Send to Colleague

© 2022. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Send Successfully

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

USE THE COURSE FINDER TO
BROWSE OVER 400 COURSES

Online Training

DISCOVER OUR
ONLINE TRAINING
COURSES

LinkedIn
Facebook
Twitter
WhatsApp
Email
Other