Contemporary Finance & Budget Planning Forecast

3/5

Course Objectives

• Discuses the modern methods of financial prediction and planning, based on non-assured and ambiguous information
• Develops skills of financial analysis to rationalize planning process, control and make financial decisions

Course Modules

Module 1: Modern Methods of Financial Planning

• Financial analysis methods
• Cash flow analysis
• Cost and financing structure analysis
• Profitability and growth Analysis by using the integral models
• Investment returns average and the monetary reports
• Balance analysis and its role in financial planning
• Corporate’s financial hardship prediction

Module 2: Budgets Preparation

• Master budget preparation
• Three dimension budget: Probable, flexible, and capital

Module 3: Role of Budget in Cost Control

• Cost rationalization
• Cost reduction
• Deviations analysis

Target Audience

Heads of financial department and accountants in financial, accounting, budget, planning and follow-up departments