Financial Planning, Budgeting, and Performance Analysis

Course Description: This 5-day GTEC course is designed to provide participants with the skills and knowledge necessary to effectively manage financial planning, budgeting, and performance analysis in an organizational setting. Through a combination of theoretical knowledge, practical applications, and real-world case studies, participants will learn to develop and manage budgets, analyze financial performance, and align financial strategies with business objectives. The course is ideal for professionals seeking to enhance their financial acumen to make informed business decisions that drive organizational success.

Learning Objectives:

By completing this course, participants will be able to:

• Understand the principles and key components of financial planning and budgeting.
• Develop effective budgets that align with organizational goals.
• Perform variance analysis to monitor budget performance.
• Utilize financial statements to evaluate organizational performance.
• Implement strategic financial planning techniques.
• Conduct cost-benefit and breakeven analyses for better decision-making.
• Analyze financial data to improve business performance and forecasting.

Learning Outcomes:

Upon completion of this course, participants will:

• Develop comprehensive financial plans that support long-term business goals.
• Prepare and manage budgets efficiently, ensuring resource optimization.
• Conduct performance analysis to identify areas of financial improvement.
• Utilize financial data to make informed strategic decisions.
• Communicate financial insights to stakeholders effectively.
• Analyze and interpret key financial metrics to assess organizational performance.

Who Should Attend:

This course is suitable for:

• Financial analysts, controllers, and accountants responsible for budgeting and financial planning.
• Managers and department heads who oversee budget management.
• Business owners and entrepreneurs looking to improve financial decision-making.

Project managers tasked with managing project budgets and performance.