Training Course on Financial Planning, Budgeting and Forecasting

The strategic planning process involves three key stages: planning, budgeting, and forecasting, aiming to identify and articulate an organization’s long- and short-term financial goals. Typically overseen by the finance department, planning establishes the financial trajectory of the company and constructs a model of anticipated outcomes. Budgeting then outlines the month-to-month execution of the overall plan, encompassing revenue and expense estimates, along with projections for cash flow and debt reduction. Forecasting utilizes historical data and market conditions to predict future financial outcomes for months or years ahead. This training on Financial Planning, Budgeting &Forecasting provides participants with the knowledge and skills necessary to develop effective strategic planning, forecasting, and budgeting procedures.