HRDF HRD Corp Claimable Budgeting Financial Forecast Management Training

This is a workshop for HRDF HRD Corp Claimable Advanced Budgeting Financial Forecast Management Training, on producing yearly costing and budget forecasts for the company, which are crucial decision-making tools, as well as how to develop analysis for the company projection.

Take this HRDF HRD Corp Claimable Advanced Budgeting Financial Forecast Management Training to discover how to include budgeting and forecasting into your business strategy. You will produce projections that properly account for imperfect data and uncertainty. More importantly, learn how to improve prediction dependability while simultaneously reducing preparation time.

Why corporation needs Budgeting Financial Forecast Management

• Improved Financial Planning New budgeting and financial forecasting approaches enable firms to build financial plans that are both more precise and informed. This can help with enhancing financial decision-making, minimising risk exposure, and accomplishing financial goals.
• Improved Productivity: Modern budgeting approaches can help businesses streamline their financial procedures and reduce the amount of time spent on these duties. This has the ability to contribute to higher levels of output and efficiency.
• Improved Cash Flow Management: Companies can benefit from more accurate financial estimates by enhancing their ability to manage cash flow. This ensures that they have enough cash on hand to cover their expenses and investments.
• Sophisticated budgeting and financial forecasting methods can assist organisations in identifying potential risks and developing mitigation strategies.
• Training in advanced budgeting and financial projection management can, in general, help individuals and businesses make better financial decisions, increase their level of efficiency, and achieve their monetary goals.

LEARNING OUTCOMES

By end of this training, you will be able to:

• Understand cash flow statement;
• Perform cash flow analysis;
• Learn the importance of budgets and forecasts;
• Prepare forecast on the capital expenditure (CAPEX);
• Analyze how daily operation will affect the finance of the Company;
• Prepare analysis report on monthly profit and loss;
• Learn key finance and accounting tools for forecast costing and managerial decisions;
• Be aware of the core financial tools used to evaluate business opportunities and assess financial risks.

TRAINING METHODOLOGY

This training is conducted with the following methodology combination:

• Scenario-based presentation
• Concept introduction
• Case studies and examples
• Worksheet

WHO SHOULD ATTEND

CFO’s, Chief Operating Officers, Directors, Chief Accountants, Business Units & Departmental Managers, Managers, Analysts, Controllers, Advisors and Heads of:

• Finance
• Budgeting and Control
• Planning and Control
• Forecasting and Cost
• Management Accountants
• Business Planning
• Strategic Business Unit
• Performance Management
• Sales and Marketing
• Purchasing
• Business Development

Workshop Outline and Module Description

Module 1: Budgeting and forecasting fundamentals

• Definition and Description of functionality in finance and decision-making cases
• Difference between plans, forecasts and budgets
• The value and purposes of budgets and forecasts

Module 2: Capital expenditure budgets

• Learn the key element on capital expenditure budgets
• The detail at capital expenditure budget
• The importance of capital expenditure budget

Module 3: Sales and revenue budgets

• Learn the key element on sales and revenue budgets
• Analysis on the sales budget which are always very important
• How a sales budget turned into a revenue budget

Module 4: Expenditure budgets

• Learn the key element on expenditure budget
• The organisation of the expenditure budget
• Example of an expenditure budget

Module 5: The profit and loss budget

• Put in action for consolidation of revenue budget and expenditure budget
• Where do the figures come from?
• The format of the profit and loss budget
• Break-even point and break-even charts

Module 6: The cash budget

• Learn the key element on the cash budget:
• The importance of the cash budget and the cash forecast
• The distinction between cash, profit and net worth
• Preparation of a cash budget

Budgeting and financial projection management training can be beneficial to both individuals and enterprises, resulting in a variety of favourable consequences.

Contact us for HRDF HRD Corp Claimable Budgeting Financial Forecast Management Training ( Corporate & Personal Coaching )

Name * First Last Phone * Email * HRDF / HRD Corp Claimable? * Yes No Do you like to claim the training courses from HRDF / HRD Corp Malaysia? HRDF HRD Corp Account & Tax Training Request * Submit

Call / WhatsApp +6 010 220 6800 for Corporate Training