Mastering Spreadsheet Skills for Planning
Forecasting & Budgeting
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1- Online Training...with international accreditation.
The value of participation per person is €1,450
2- Requirement : specifying the course, number of participants,
implementation date, and joint coordination.
Group contracting ... 20% Discount For Each Participant
In Any Group Of Five Person Or More
Other Places To Hold The Course :
KualaLumpur.. Istanbul.. Dubai.. Cairo.. Riyadh.. Jeddah.. Abu Dhabi.. Doha.. Muscat.. Sharm El Sheikh.. Kuwait.. Tripoli.. Amman.. Beirut.. Damascus.. Tunisia.. Casablanca.. London.. Paris.. Barcelona.. Amsterdam.. Brussels
Mastering Spreadsheet Skills for Planning
Forecasting & Budgeting
Introduction :
Planning, forecasting, and budgeting are three of the most critical functions in business. Appropriately performed, they can lead to exceptional success.Yet many people do not use the tools available to them to their best advantage. In this financial forecasting and planning spreadsheet course, we will use Excel to demonstrate how to improve your forecasting, planning, and budgeting.By developing better spreadsheets and models, planning is more accurate, forecasting is more precise, and budgeting is more attainable. And the time to create these is dramatically reduced.Forecasts, plans, and budgets may be improved through extensive what-if analysis to find critical factors for management to monitor. Furthermore, these tools can be easily transferred into business plans, which guide the firm\’s overall performance.
Course Objectives :
At the end of this course, the participants will be able to :
- Understand the various Excel tools available for planning, forecasting, and budgeting.
- Perform sophisticated \”what-if\” scenarios to improve decision-making.
- Know what Excel techniques to use in a given situation.
- Use the most advanced spreadsheet techniques.
- Know when to take a chance and when not to.
- Learn to use and expand a range of Excel models.
- Develop an improved understanding of how well-prepared Excel models help the corporation in today\’s challenging world.
- Understand the risks and rewards of various planning decisions.
- Calculate the impact of alternative inputs on critical outputs.
- Understand the cost/benefit of every decision.
- Enhance their knowledge with the use of the models in the case studies.
Targeted Audience :
- Financial accounting team members.
- Cost and management accounting staff.
- Finance managers.
- Budget managers.
- Commercial managers.
- Capital investment and project team members.
- This financial forecasting and planning spreadsheet is for employees who want to gain excellent knowledge to improve their careers.
Course Outlines :
Unit 1 : Introduction to Spreadsheets using Excel
- Worksheet fundamentals.
- Use the F4 key for relative and absolute cell references.
- Expose ALL formulas in a worksheet using the built-in function for faster review.
- Naming cells and ranges for quicker, more accurate work.
- Freeze panes, columns, and rows for easier viewing while scrolling.
- Protecting cells and ranges to stabilize models.
- Function wizard benefits.
- Linking cells from various worksheets to reduce errors.
- Secret keyboard shortcuts.
Unit 2 : Proper Planning
- Introduction to planning.
- What-if analysis:
- Scenario analysis techniques.
- Sensitivity analysis using spinners and scroll bars.
- Economic Order Quantity (EOQ).
- Build out Data tables to see an entire range of options.
- 1-way Data tables.
- 2-way Data tables.
- Maximizing vs. optimizing techniques.
- Utilizing the goal seek command to calculate a reverse equation.
- Using Solver to calculate optimal product mix, distribution problems, and capital budgeting.
Unit 3 : Fantastic Forecasting
- What is forecasting?
- Qualitative techniques and their uses.
- Quantitative methods and their uses.
- Smoothing techniques.
- Regression analysis.
- Time series analysis.
- Forecasting growth rates for verification.
- Internal (IGR).
- Sustainable (SGR).
- MIN and MAX functions.
- MEDIAN, MODE, and AVERAGE functions.
- GEOMEAN to calculate Average Growth Rate (AGR).
- When should you use RANK, QUARTILE, and PERCENTILE?
Unit 4 : Beyond Budgeting
- What is a budget?
- How to build a simple budget?
- Build a flexible budget model.
- Build out a complete budget.
- Operating budget elements.
- Financial budget elements.
- Linking them.
- What is the variance analysis report, and why is it essential to improve your budget?
- Calculating variance analysis to see what must be changed.
Unit 5 : Putting It Together – Building The Comprehensive Model
- Build your planning model.
- Build your forecasting model.
- Build your budgeting model.
- Link these together.
- Leverage optimization through capital structure.
- Bond buybacks.
EuroMax Training Methodology :
Our training work is presented in a professional and attractive manner.. Interspersed with interceptive information to renew attention throughout the training period… We aim with this method to train the listener and interact… In addition to practical applications that target the direct skills and knowledge required to be achieved.. It is presented to the trainees in more than one way.. Practical exercises and applications.. Surveys and questions.. A training strategy has been adopted based on pairing between the theoretical and the professional and between the local and the global.
What Does The Participant Get From The Course?
Each participant obtains an internationally accredited training certificate from the EuroMax Center for Training and Development … which has the ISO certificate in quality No. 900/2015 from the English international company UCAS .. and receives a training bag containing the scientific material via an electronic flash … in addition to an enjoyable and useful training that is reflected Positive and developmental for individuals and the institution
Note :
We can implement the training course in any of the cities referred to in this course..at the appropriate and required time for the trainees..through joint coordination with the training department at the center..the training is implemented in a distinctive manner according to the best quality standards so that we meet all training requirements and needs.
International Accreditations
The EuroMax Center for Training and Consulting has obtained international and official accreditations with the highest and best international levels scientifically and technically, which reflect the level of outstanding performance in our training work.. so that it achieves what each participant aspires to by obtaining the best certificates with officially approved scientific and technical standards.
