Course curriculum

  • 1

    Course Overview

    • Course Description

    • Activity & Support
  • 2

    First Live Session

    • Recorded Live Session

  • 3

    Course Introduction

    • Introduction

    • Before we begin...
  • 4

    What is a budget?

    • What Is Budget & Why It is needed
  • 5

    The Accounting Framework

    • How do we represent a company’s Budget ?

    • Quiz
  • 6

    Forecasting Process

    • How do we forecast a company's financials?

    • Who is involved in the preparation of a Budget?

    • What happens if a company’s performance deviates from its Budget?

    • What is a Master Budget?

    • Case Study

    • Case Study Solution

    • Quiz
  • 7

    Building a Company’s Budget from Scratch

    • Bottom-Up Forecasting - Theory

    • Bottom-Up Forecasting in Practice

    • Top-Down & Triangulated

    • Volume & Mix Triangulation

    • Bottom-Up Forecasting in Practice
  • 8

    Cost to Produce the Goods

    • Cost of Goods Sold: An Introduction

    • Production planning: how Production forecasting makes life easier

    • Forecasting costs for Direct Materials and Direct Labor

    • Overhead expenditure

    • Forecasting costs for Direct Materials and Direct Labor
  • 9

    Forecasting Selling, General & Administrative expenses

    • Forecasting Selling, General & Administrative expenses

    • Forecasting Selling, General & Administrative expenses
  • 10

    Forecasting Balance Sheet Items

    • Calculating Working Capital Days

    • Forecasting the development of Trade Receivables, Trade Payable, and Inventory

    • Fixed Asset Rollforward: The importance of Capex planning

    • Putting together an Income Statement for the forecast period

    • Producing a Balance Sheet for the forecast period

    • Calculating Cash Flow and building an integrated financial model

    • Fixed Asset Rollforward: The importance of Capex planning

    • Professional Dis
  • 11

    Online Learning Feedback

    • Feedback