Financial Planning, Budgeting and Forecasting

Financial Planning, Budgeting and Forecasting

  • Date of Seminar: 9, 10, 11 & 12 December 2019
    From 4:00 pm Till 7:00 pm
  • Duration: 12 hours spread over 4 days
  • Location : West Hall, Beirut Symposium Executive Centre, Wardieh Street, Sin el-Fil, Beirut, Lebanon
  • Instructor: George Assilian

The purpose of this seminar is to provide executives and managers in all types of organizations, with the basic concepts underlying financial planning being the process of creating a company’s long term financial strategy based on its strategic goals and through an analysis of assets, liabilities, expenses and income. The seminar, next discusses the basic concepts underlying budgets, their preparation and an understanding of realistic budgets that are strategy & results oriented.

Price : $400

  • Seminar Objectives

    Financial planning and analysis is the budgeting, forecasting and analytical processes that support an organization's financial health and business strategy.  This discipline combines in-depth analysis of both operational and financial data to help align business processes and strategies with financial goals, and to evaluate progress toward those goals.


    Building an entity’s budget from scratch guides you through the core principles of Financial Planning and helps you to understand how a company prepares its budget.   The seminar touches on several technical topics including revenue forecasting, cost planning, and cash flow calculation and report preparation.   We will also discuss as to why budgeting is considered as one of the most powerful planning & control tools used by current day management.  We will indicate why firms need budgets, which are the financial statements that a company uses to create its budget, what types of budgets are there, which are the main techniques used in financial planning, who is involved in the preparation of a budget, and who is interested in the final numbers that are signed-off in the budget.  Finally we will analyze variances between budgeted and actual figures.

  • Outline

    The seminar reviews in a practical way the following topics whereby the participants will understand:

    • Financial Planning;
    • Forecasting and entity’s sales;
    • Discussion of various types of budgets used in a business;
    • Determining the source of budget numbers and the fundamentals of budgets;
    • Creating a budget plan for costs that will support the forecasted level of sales, including a production budget;
    • The practical tools used in preparation of the operating budget;
    • Preparation of the cash flow & balance sheet budgets;
    • Sensitivity analysis of budgets when set of assumptions are changed;
    • Analysis of the variances between the budgeted and actual figures;
  • Target Audience

    • Business owners & managers;
    • Chief Financial Officers;
    • Financial Controllers and Financial Managers;
    • Management & cost accountants;
  • Delivery Method

    The seminar features a series of lectures supported by discussion sessions, video presentation and case studies in key areas.

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George has over 30 years of professional teaching and training experience, during which he has contributed to the development of the business education, through developing training centers, whereby he holds seminars on various accounting, auditing, finance and management related topics for executives and business managers. He has been successful in ensuring that business community at large and young generations benefit from his vast experiences & the world‐wide best practicesRead More....

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