CFOs and FP&A executives are hard-pressed with emerging and evolving issues and challenges than ever before… REGULATORY CHANGES . WEAK BALANCE SHEET . CONSUMER DEMANDS TURBULENT ECONOMIC ENVIRONMENT . MARKET FALLOUTS . CURRENCY DEVALUATION LOSS OF CONFIDENCE FROM INVESTORS AND SHAREHOLDERS . RISK MANAGEMENT AND COST CONTROL.
In a volatile environment, it has become crucially important to understand these variables that impact business performance, as well as the potential impact of changes it creates; as such FINANCIAL FORECASTING has become paramount for companies to stay ahead of the curve. While many companies have recognized financial forecasting as the crucial determinant for them to override the challenges and capitalize on new emerging opportunities for growth and expansion, they are still a long way from mastering the art and science of forecasting art and science of forecasting confidently for their business. Proper financial forecasting relies on methods and tools that bring rigor to the forecasting process. Oversimplifying the forecasting process can create forecasts that ignore business cycles and lead to… MISSED INVESTOR EXPECTATIONS . EXCESS INVENTORY BUILDUP . OVERSTAFFING . WEAKER SHARE PRICES POOR PERFORMANCE MANAGEMENT . MISSED BUSINESS OPPORTUNITIES.
ONLY 1 IN 5 ORGANISATIONS GET BUSINESS BUSINESS FORECASTING RIGHT, DESPITE SIGNIFICANT SIGNIFICANT INVESTMENTS IN TIME AND MONEY ON FORECASTING TOOLS. ERRORS IN FORECASTING ARE ESTIMATED TO DIRECTLY KNOCK 6% OFF BUSINESS SHARE PRICES. IN STARK CONTRAST, GOOD FORECASTERS SAW THEIR SHARE PRICES RISE BY 46%. – Economist Intelligence Unit –
“In a recent IBM Corporation survey of more than 225 business leaders, 6 in 10 said that finance and accounting would benefit from more accurate information and 7 in 10 said that predictive information would drive better would drive better decision-making.”
As companies begin to position themselves for rebound, CFOs and Financial Analysts need to shift from short-term survival to long-term growth and play their role as strategic partners. The need for companies to be flexible and dynamic to account for change, while intervening market pressure today, must not override the need for accurate forecasts. These two factors, combined with meticulous cost control will become the hallmark of success as top management, board members, and investors demand more accountability and predictability. Finance professionals need processes and tools that help provide management with accurate forecasts.
“CFOs need to replace annual planning cycles with more planning cycles with more regular business reviews that enable managers to see trends, patterns, and ‘breaks in the curve’ long before their competitors and thus improve the quality of decision making.” – Jeremy Hope, Beyond Budgeting Round Table
The above premise mirrors the driving concept of a 2-Day MasterClass which Programic Asia directs. Advanced Financial Modelling, Analytics and Forecasting provides you an opportunity to sharpen your forecasting abilities for more predictive and profitable decision making. Make a date with our highly qualified and internationally sought-after financial forecasting and budgeting expert with more than 20 years of experience in the development and maintenance of financial models and forecasting for mid-market companies and large corporations. This intensive workshop is designed to develop financial forecasting and modeling skills that will help in your business decision making processes. Through practical examples and hands-on activities, Your course leader will match principles of financial forecasting with practical application in real-world situations. The course will then guide you on techniques to build sophisticated financial forecasts and models that are robust, flexible and useful for various business scenarios. With insights from years of practical experience, he will introduce up-to-date best practices in forecasting and modeling that will keep you moving above and ahead of others. Every module is followed by participative activities to enhance your learning experience.
Bring Your Models!
Everyone’s models are different. As such, participants are encouraged to bring along their own financial models to obtain assistance, ideas, guidance and suggestions from the trainer in private. This is a key step in applying the concepts learned on the course to improve real-life models so please take the opportunity to draw on the trainer’s experience and expertise!
What you get from this course
An excellent working knowledge of financial modelling functions in Excel that allow you to efficiently create robust and flexible models.
A sound understanding of financial modelling and valuation concepts.
Practical experience in designing solutions to real-world financial modelling challenges by building financial models.
Data Analytics for decision makers
A solid foundation for Excel-based financial modelling.
Excel tools and techniques that are essential for modelling to make your models robust,
user-friendly, and efficient.
Specially designed for those charged with financial analysis, planning and forecasting, this two-day course will provide delegates with a sound understanding of both the principles of financial modelling and the practical application of these to real-world situations.
WHO SHOULD ATTEND
CFOs, Financial Controllers, Finance Heads, Business and Financial Analysts, Investment Analysts, Financial Planners and Forecasters, Financial Controllers and Managers, Corporate Finance and Valuation Professionals, Project Finance Professionals, Commercial Managers, Transaction Advisers, Budgeting Manager/Analyst, Cost Manager/Analyst, Accounting Managers and all other executives involved in financial planning at their Companies.
Attending Companies (updated on an ongoing basis)