Budgeting, Forecasting, and Effective Planning Techniques

Goals

• 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