Budgeting & Strategic Corporate Planning Course Overview Budgeting and planning is an integral part of every modern corporation. This course is designed to help you better prepare and manage the budget and corporate planning process. Course includes extensive use of Excel tools and practical methodologies for effectively creating corporate budgets Key Benefits from aaending this Workshop: Who Should Atend You should attend if you are involved, or plan to be involved in the budgeting or planning process. In particular: LEARN to identify and quantify key business drivers and strategically plan across the enterprise CFOs Financial controllers and managers Cost and management accountants Financial & business analysts Experienced finance and business development managers KNOW how to effectively communicate the budget to team members, management, and other stakeholders DELEVOP the skills to make better , more profitable business decisions using advanced planning techniques who want to gain a better understanding of the corporate planning process To gain the most benefit for your organization, several managers are encouraged to attend together . Je ff& O’Brien Int’l Faculty UNDERSTAND the objectives of corporate planning, and how to create effective budgets to meet your business needs GAIN insights on the key factors behind the successful use of corporate planning Date - December 09 - 11, 2015 Venue - Lagos, Nigeria Course Content Module One Introduction to course and objectives 1. Overview of Budgeting & Strategic Planning · Objectives of Budget & Corporate Planning · A critical look at traditional budget process · Fresh approach budgeting & strategic corporate planning 2. Understanding Business Strategy · The concept of strategy · The role of corporate strategy · Linking strategy & budget: Value Based Management 3. Building Financial Models in Excel: Fundamentals · Using Excel for budgeting & forecasting · Creating and reviewing a budget in Excel · Avoiding common errors in using spreadsheets for budgeting & planning Module Two 4. Budgeting & Planning in Excel: Building Blocks · Define level SBU / corporate / product · Components: · P&L · Balance sheet & working capital · Cash flow 5. Business Forecasting · Key elements to successful forecasting · Identifying drivers of value · Benchmarking & peer group analysis · Financing and interest cover . Module Two continued 6. Approaches to Budgeting · New approaches to budgeting · Fixed budget · Rolling budget · Zero-based budget 7. Risk · Defining risk · Assessing risk associated with planning · Scenario analysis Module Three 9. ”We're all human” - Where budgeting goes wrong · Key concepts of Behavioural Finance · Avoiding bias in corporate planning 10. Measuring Return on Investment · Using Excel to asses if a company's budget represents an attractive return on investment · NPV · Return on capital · Economic profit 11. Business Performance Measurement & Management · How to effectively track business performance against budget · Best practices for BPM, and Key Performance Indicators · Management reports and communicating business performance Program Summary and Conclusions Course Director’s Profile Moshe Garfinkel The expert course director is a finance professional, with over 25 years experience in corporate finance and consulting. He brings a valuable combination of hands-on corporate CFO experience together with international consultancy experience in a wide range of industries in developed and emerging markets. For the past thirteen years, he has specialised in working with senior managers to implement best practices to improve business decision-making, particularly in rapidly changing and uncertain environments. Drawing on his first-hand experience, the course director has conducted a range of consulting assignments covering project appraisal, cash flow analysis, business performance management, enterprise valuations for mergers and acquisitions, budgeting and planning, and cost analysis. In addition to consulting projects, he designs and delivers courses in a range of applied corporate finance topics, including Financial Modelling, Cash Flow Analysis, Strategy & Finance, and Budgeting & Corporate Planning. He brings particular experience leading courses in Africa, and has led many workshops in corporations and financial institutions. In addition, Moshe has recently led finance workshops in Ghana,Turkey, Malaysia, Nigeria, South Africa, and Dubai. Budge ng & Stategic Corporate Planning Registration Date - December 09 - 11, 2015 Venue - Lagos, Nigeria Discounted Course Fee: £2,050 per delegate per course excluding VAT and other statutory taxes(fee covers tuition, course materials, lunch and refreshments). Delegates are required to make their own arrangements for transportation and accommodation. * For local currency equivalent, send e-mail to traning@jeffandobriengroup.com Disclaimer: Jeff & O’Brien reserves the right to change or cancel any part of its training program due to unforeseen circumstances. TO REGISTER: Fill the details below and forward by email to training@jeffandobriengroup.com or communicate by email the details of your nominees PERSONAL DETAILS OF DELEGATES: (Please photocopy this form for addi onal dele ates.) Surname: First Name: METHOD OF PAYMENT Other Names: All payment should be made payable to Je ff& O’Brien. Company: Posi on: SPONSORING ORGANISATION: Address: Company Name: Country: Approving Officer’s Name: Tel: Fax: Posi on: Date: E-mail: Signature: THIS PROGRAM CAN BE CONDUCTED ON AN IN-HOUSE BASIS, ON INTEREST PLEASE CONTACT training@jeffandobriengroup.com We take all registra ons which ae triggered by the filling and submission of this form to us very seriously and do consider it as an intenen on to par cip te in our programs. We therefore make adequate arrangements which involve financial commitments on behalf of the delegate. For Cancella ons the ollowing will apply:All cancella ons mu st be in wri ng Cancella ons moe than 2 weeks prior to course date, full course fee will be refunded less administraate charges of £150 Cancella ons th t are 2 weeks prior to the course commencement, 50% of course fee will be refunded Cancella ons less than 2 eeks prior to the course commencement, no refunds will be made, but replacements will be accepted at no extra cost Je ff& O'Brien will demand full payment for registra ons made if par cip ts do not show up for the program and the cancellala on policy has not been adhered to. “We judge all knowledge not by how much it will cost, but how much it will cost us if we did not know” VISIT: www.jeffandobriengroup.com E-MAIL: training@jeffandobriengroup.com ...Superior thinking