Spreadsheet Skills for Planning, Forecasting and Budgeting 322624 Why Choose this Training Course?This hands-on, practical finance & accounting training course will demonstrate how you can develop spreadsheet models to create a forecast, which can then be utilised to generate business plans and operating budgets with the use Excel® as it is used in practice. The applications will be focused on three crucial aspects of business and financial management - strategic planning, intelligent forecasting and realistic budgeting. Delegates will learn how accessible the power of Excel® is to provide realistic forecasts and prepare flexible budgets. The impact on efficiency in planning and control and therefore return on investment for companies and/or divisions will be startling.This Oxford training course will feature:Mastery of the power of Excel®What functions to use from the Excel toolkitPrinciples of strategic planning and budgetingMathematical forecasting models will be demystifiedBuilding financial models enabling "what if" analysisWhat are the Goals?By the end of this Oxford training course, participants will be able to:Navigate through the features and functions of Excel®Distinguish between data and output in spreadsheet architectureAnalyze financial statements in order to plan aheadBuild effective financial planning modelsUse forecasting techniques for budget preparationWho is this Training Course for?This Oxford training course is aimed at professionals who contribute to financial decision making. Participants with qualifications and or experience in accounting and finance will benefit from the new focus on building models and applying scenario's in financial planning.This Oxford training course is suitable to a wide range of professionals but will greatly benefit:Business advisors, analysts & staff from all functional areas who need to advise, comment or develop business forecast plans and budgetsStrategic Planners and Finance OfficersManagement AccountantsManagers without formal financial qualificationsHow will this Training Course be Presented?This Oxford training course will utilize a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The approach is two pronged; firstly, there is a focus on principles of financial management, from review of financial reports to making capital project decisions, secondly, the principles are applied using financial models built in Excel and based on the use of scenario and sensitivity analysis before making decisions.
