Corporate Financial Planning, Budgeting & Control

Hedging, Planning, and Costing Techniques

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5 Found
Date Duration Venue Fees
19-23 Aug 2024 5 Days Casablanca - Morocco US$5,450 Register
18-22 Nov 2024 5 Days Dubai - UAE US$4,450 Register

Course Overview

This Corporate Financial Planning, Budgeting & Control training course is designed to enable participants to make corporate financial decisions in an increasingly volatile international marketplace to increase profitability, maintain liquidity and reduce financial risk. It is a challenge for all organisations, regardless of their sizes. It gives knowledge to the participants to understand the critical aspect of corporate decision-making and enhance their knowledge of the development of a strategic corporate financial plan, the raising of finance, the preparation and management of budgets to support the plan, the management of financial risk and ultimately, the measurement and evaluation of performance.

Corporate planning, budgeting and control are essential in modern organisations; effective planning, budgeting and control lead companies to their Mission, Vision, and Goals.

Course Objectives

After the training course, the participants will learn to:

  • Evaluate the various methods of finance and make successful capital investment decisions
  • Develop effective corporate financial plans aimed at maximising return and minimising risk
  • Prepare, manage and control budgets to support the corporate financial plans
  • Identify and manage financial risk effectively
  • Measure and manage performance effectively
  • Create opportunities for your personal development and increased financial awareness

Target Audience

It is suitable for a wide range of working professionals, including (but not limited to) the following:

  • Non-financial and Financial Personnel
  • Financial Decision-makers
  • Professionals acting upon the financial decisions of others
  • Analysts
  • Managers involved in planning and decision-making
  • Financial Planner
  • The individual with fundamental financial knowledge
  • Individuals with ambitions to work in finance-related fields
  • Junior Managers involved in risk management
  • Managers and those with financial responsibilities

Training Methodology

This training course is based on a practical case study requiring participants to develop and manage a strategic corporate financial plan. As a result, it is highly participative, with extensive use of practical examples, case studies, exercises and discussion sessions to develop transferable skills, knowledge and understanding. It will enable delegates to make and justify finance decisions, prepare and manage budgets, minimise risk and evaluate performance.

Course Outline

Day One

Corporate Financial Planning

  • Strategic Planning
  • The Objective of the Firm: Meeting Shareholder & Stakeholder Objectives
  • Agency Theory: The Relationship between Shareholders & Management
  • Creative Accounting and the Case of Enron
  • Financial Management & Financial Planning: The Scope, Role & Responsibilities of Financial Management
  • Preparing a Financial Plan: The Master Budget
  • Forecasting Future Cash-flows and Financial Modelling
  • Time Series Analysis, Correlation, & Regression
Day Two

Financing the Plan

  • Sources of Finance: Long-Term & Short-Term
  • Evaluation of the Types of Finance: Equity vs Debt Finance
  • Hybrid Finance & Financial Engineering
  • The Dividend Decision
  • The Cost of Capital and Weighted Average Cost of Capital (WACC)
  • Capital Asset Pricing Model (CAPM)
  • Accounting Rate of Return (ARR)
  • Net Present Value (NPV), Internal Rate of Return (IRR) Capital Rationing, and Payback
Day Three

Preparing & Managing Budgets to Support the Financial Plans

  • Definition of Budgets, the Budgetary Process, and Budgetary Control
  • Types of Budgets-Fixed, Flexible, Incremental, and Zero Based
  • The Purpose, Benefits & Problems, and Limitations of Budgets
  • Setting and Implementing Effective Budgets: Eliminating the Problems
  • Responsibility Accounting and Absorption Costing
  • Activity-Based Budgeting and Costing (ABB, ABC)
  • Variance Analysis, Cost Behaviour, Break Even Analysis & Sensitivity and What If Analysis
  • What-If Analysis combined with Du-Pont Analysis
Day Four

Managing and Controlling Cash Flow to Support the Financial Plan

  • Cash vs Profit & the Cash Conversion Cycle
  • Calculating and Managing the Cash flow Cycle
  • Cash Flow Ratios
  • Working Capital
  • The Cost of Maintaining Working Capital
  • Maintaining the Optimum Level of Working Capital
  • Working Investment Ratios
  • Preparing a Monthly Cash Flow Forecast
Day Five

Managing Financial Risk

  • Risk Management & Types of Risk
  • Identifying Risk: SWOT Analysis
  • The Major Quantitative & Qualitative Risks Facing Companies
  • Establishing a Risk Management Strategy
  • Financial Risk Management & Hedging Techniques
  • Managing Exchange Rate & Interest Rate Risk
  • Derivatives-Forwards, Futures, Options, & Swaps
  • Risk Management Glossary of Terms


Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.

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