Integrating Budgeting,
Forecasting & Business Planning

Financial Skills for Effective Long
and Short-term Planning

22 - 26 January 2024
Sandton Johannesburg South Africa

Register Now! Limited Seats Available!

R17, 999.00 Per Delegate

Course overview:

If companies intend to succeeded within today’s turbulent markets, their Business Plans must be look at carefully and constantly integrated with Budgeting, Forecasting and
Cost Analysis. The course will provide not only the theoretical background, but also the necessary skills to build world class standards into your planning, budgeting, performance measurement and reporting system.

By combining techniques analysis, problems and examples with real case studies the training course provides delegates with key cost awareness and budgetary skills, which is essential in managing and controlling processes/projects in times of increasing global competition where the budgets are inextricably linked with both strategy formulation and cost analysis.

Training course will feature:

    • Budgets and Strategy in Today’s International Environment
    • The Business Plan and Budget Development
    • Analysing the Applicability of Historical Data Using Excel®
    • Using Activity-Based Budgeting and Cost Analysis Techniques
    • Capital Budgeting and Project Appraisal

By the end of the training, participants will be able to:

    • Build an integrated planning, budgeting and reporting process
    • Understand costs behaviour more accurately
    • Deliver more timely and useful information to decision makers
    • Improve you the budgeting/financial skills required for better decision-making
    • Appreciate the need to link projects within budgets

Targeted Audience:

This training course is suitable to a wide range of professionals who have budgetary control and are involved in the business planning process, including, but not limited to:

    • Professionals who require a more in-depth understanding of integrated planning & budgeting techniques
    • Accountants responsible for budget preparation & management reporting
    • Financial Planners and Cost Analysts
    • Line heads with direct planning and budgeting responsibility
    • Professional Advisers, Account Personnel and Business Consultants

Course Outline:

Budgets and Strategy in Today’s International Environment

    • Organizational planning framework
    • The product / information / decision support cycle
    • Strategic, tactical and operational forecasts
    • The strategic approach to business planning
    • Various strategic and tactical approaches to business planning
    • The international business environment

The Business Plan and Budget Development

    • Developing the business plan
    • Identification of key value drivers
    • Achieving objectives
    • Zero base budgeting
    • Activity based budgeting
    • Developing the Cash Budget

Analysing the Applicability of Historical Data Using Excel®

    • Problems of forecasting
    • Using historical data to help predict the future
    • Forecasting
    • Development of Time Series Models
    • Using Regression Analysis as a predictor and estimator
    • Mastering the use of Exponential Smoothing as a Data Analysis tool

Using Activity-Based Budgeting and Cost Analysis Techniques

    • Cost behaviour and breakeven analysis
    • Activity based costing
    • Budgeting for Processes rather than Departments
    • Defining Key Cost Drivers
    • Defining Key Activities
    • Developing the Activity-Based Budget

Capital Budgeting and Project Appraisal

    • Identify the various types of capital projects
    • Discuss the capital project evaluation process
    • The impact time has on the value of money
    • Using WACC and ROIC as benchmarks
    • Development of the “Hurdle Rate” for capital projects
    • Evaluate capital projects by applying NPV, IRR, ARR Payback model

End of the workshop


While both In-House and Online training can present with cost-effectiveness and time-efficacy, there are some very specific differences between in-house courses and those based online.
The demand for additional courses by individuals or groups of people is increasing. Still, it depends entirely on the preferences of a person what type of training he or she wants to receive. Online courses and in-house training carry some similarities but they are considered to exhibit some very pivotal differences too. Despite that, both types of learning can be really beneficial for attendees.

For Registration and other Training arrangements,
contact us on the detail below.

SOUTH AFRICA : +27 11 057 6001
TANZANIA Cell: +255 769 688 544
WhatsApp +27 79 574 0389 /