Strategic Budgeting and Corporate Planning Mastery: A Complete Guide
Introduction
Budgeting lies at the heart of effective business management, yet many organizations encounter financial difficulties due to inadequate planning or errors in budget preparation. This program takes a practical and strategic approach to financial planning and management reporting. Participants will gain insights into building robust budgeting systems, linking budgets with corporate strategy, and implementing effective management reporting for improved decision-making.
The course explores how to:
* Enhance the planning process and strengthen organizational alignment
* Engage the right stakeholders in compiling effective budgets
* Identify potential problems early and take corrective action
* Improve financial control and corporate governance with modern tools
* Leverage reporting to drive accountability, efficiency, and performance
Objectives
By the end of this program, participants will be able to:
* Implement advanced planning and control techniques into the budgeting process
* Integrate budgets with long-term corporate strategy
* Build a seamless budgeting, planning, and reporting framework
* Apply management tools that align budgets with strategic goals
* Identify and track KPIs to enable focused decision-making
* Improve profitability, efficiency, and overall corporate performance
Who Should Attend
This program is ideal for:
* Finance Managers, Controllers, and Accountants
* Business Planners and Strategy Professionals
* Departmental Managers involved in planning and budget preparation
* Internal Auditors, Analysts, and Corporate Governance Officers
* Anyone responsible for financial reporting, forecasting, or performance management
Methodology
The course uses a **practical, hands-on approach** with:
* Case studies of real-world budgeting and planning practices
* Interactive group discussions and exercises
* Step-by-step demonstrations of forecasting and reporting tools
* Excel®-based applications for data analysis and modeling
* Practical examples to bridge theory with immediate workplace application
Benefits of Attending
* Gain mastery in preparing and managing integrated budgets
* Improve decision-making with forecasting and scenario planning
* Strengthen internal financial controls and corporate governance
* Align organizational planning with shareholder value creation
* Enhance strategic thinking with Balanced Scorecards and EVA® models
* Drive business performance through accurate reporting and actionable KPIs
Course Content
Day One – Planning for Success
* Understanding planning strategies
* Strategy analysis, choice, and implementation
* Using Strategy Maps to align goals
* Corporate and shareholder value creation
* The agency problem and corporate governance
* Planning requirements and working capital
Day Two – The Forecasting Process
* Purpose and objectives of forecasting
* Statistical tools for forecasting
* Quantitative analysis techniques
* Causal models and regression analysis
* Using Excel® to analyze historical data
* Improving accuracy and reliability in forecasts
Day Three – Budgets, Costs, and Budgetary Control
* Why organizations budget – key purposes
* Budgeting as a planning and control tool
* Building the budget: steps and stakeholders
* Cost behavior and classification
* CVP and “what-if” analysis
* Standard costing, flexed budgets, and variance analysis
Day Four – Activity-Based Costing (ABC) and Budgeting (ABB)
* Activity-Based Costing fundamentals
* Refining costing systems for accuracy
* ABC and cost management strategies
* Designing effective ABC systems
* Cost hierarchy and cost drivers
* Transitioning from traditional budgeting to ABB
* The ABB process and behavioral aspects of budgeting
Day Five – Measuring Corporate Performance
* Building effective performance measurement systems
* Driving shareholder value with EVA®
* Moving beyond traditional budgeting
* Integrating financial and non-financial measures
* The Balanced Scorecard approach: perspectives and implementation
* Linking strategy, budgets, and reporting for long-term success
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
