Budgeting, Forecasting and the Planning Process

Budgeting, Forecasting and the Planning Process

Objectives:

You will learn the importance of incorporating the mission and goals of the company into departmental budget development. Using a wide array of budgeting techniques, you will leave this program with the tools, techniques and confidence to develop budget models that not only reflect the true cost of the resources required, but also give you the ability to explore alternatives using tools as Solver, Scenario, Goal Seek, Regression, and other statistical techniques. You will explore the issues relating to capital budgeting. Budgeting manufacturing as well as other expenses, identifying profit objectives, budgeting cash requirements and building the financial statements is also covered.

Outlines:

• Budgets in Today’s International Business Environment
• Overview of the strategic, tactical, and operational aspects of today’s global business entity
• The Organizational Planning Model
• The Product/Decision/Information Cycle
• The objectives of Financial Analysis
• The Strategic Vision as a Budgeting Tool
• Development of the long-range vision
• Focusing the Vision
• Creation of Definable, Measurable Objectives
• Development of the Key Performance Indicator Matrix
• Identification of required activities, resources, and consumption rates

Case Exercise – Part I

In order to enhance the learning process, and to provide a structured environment to reinforce the skills learned in each section, you will work as part of an management team, developing a real budget of a real process.

• The Budgeting Process – The Nine-Step Budgeting Model??
• The Nine-Step Budgeting Model
• The principles of Activity-Based Budgeting
• The role of assumptions in the budget model
• Projecting Headcount
• Projecting the cost of Employee Benefits
• Accounting for Depreciation in the Budget Model
• Fixed, Variable and Mixed Expenses
• Discretionary Expenses
• Projecting Revenues – The Sales Budget
• Projecting Revenues
• Using Excel?? to project optimum product mix
• Projecting sales volume
• Projecting new product introduction and speed to market
• Developing the bases for cost projections using revenue assumptions

Case Exercise – Part II

• The Nature and Behavior of Costs
• The behavior of costs
• Fixed Costs
• Variable Costs
• Mixed Costs
• Non-Cash Expenses
• Cost / Volume / Profit Analysis
• Projecting Expenses
• Projecting costs in unique cost categories including ; travel, outside services, and communication costs
• Using Activity-Based Budgeting to project expenses
• Applying the Key Performance Indicator Matrix to the Budget Development Model
• Identification of activities critical to objective achievement
• Determining resources requirements
• The Time Value of Money
• The impact time has on the value of money.
• Understand the various interest calculations
• Using WACC and ROIC as benchmarks
• Use Excel??, to determine Present Value, Future Value, Net Present Value, Internal Rate of -Return, Modified Internal Rate of Return
• Using MIRR and a basis for capital project evaluation

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Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :

1. Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
2. Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
3. Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
4. Harga dilampirkan di Brosur Penawaran

Untuk daerah luar Kota Yogyakarta Harga Menyesuaikan.

Hotel Pilihan (Sementara) Bisa Menyesuaikan sesuai Kesepakatan.

1. Hotel Ibis Malioboro, Yogyakarta
2. Hotel Ibis, Solo
3. Hotel Ibis Simpang Lima Semarang
4. Hotel Fave, Balikpapan
5. The Santosa Villa and Resort, Lombok
6. Hotel Nagoya Plaza, Batam
7. Hotel Gino Ferruci, Bandung
8. Hotel Fave Pasar baru Jakarta, Jakarta
9. Hotel Santika Kuta, Bali
10. Hotel Aston, Manado
11. Hotel Santika Pandegiling, Surabaya

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Tambahan Informasi :

1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.

2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.

3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!

4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.

5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.

Customer Dapat Request Tempat, Waktu, serta Fasilitas Training. Silahkan Hubungi kami untuk Menerima Brosur Penawaran.