Course Title: Budgeting and Forecasting with Excel (2-Day Course)
Unlock the Power of Excel to Build Budgets and Models at Scale!
📊 Master the art of budgeting and forecasting. 📈 Make data-driven decisions confidently. 📉 Elevate your Excel skills to the next level.
The Budgeting and Forecasting course is an intensive 2-day journey that demystifies budgeting, forecasting, and Excel wizardry. From building robust budget templates to unleashing advanced forecasting techniques, this course empowers you with the tools and knowledge to drive financial success in any organization.
Day 1: Introduction to Budgeting and Excel Basics
Morning Session:
Module 1: Introduction to Budgeting
- Definition and importance of budgeting
- Types of budgets
- Budgeting process overview
Module 2: Excel Basics for Budgeting
- Excel interface and navigation
- Basic formulas and functions
- Data entry and formatting
Afternoon Session:
Module 3: Creating a Budget Template
- Setting up a budget spreadsheet
- Identifying budget components
- Data validation and error-checking
Day 2: Advanced Techniques and Forecasting
Morning Session:
Module 4: Advanced Excel Functions for Budgeting
- Using SUMIF, SUMIFS, COUNTIF, COUNTIFS
- Conditional formatting for budget visualization
- Data validation and drop-down lists
Module 5: Advanced Forecasting Techniques
- Moving averages and exponential smoothing
- Regression analysis for forecasting
- Scenario analysis and sensitivity analysis
Afternoon Session:
Module 6: Budgeting and Forecasting Integration
- Linking budgets to forecasts
- Rolling forecasts and reforecasting
- Budget vs. actual analysis
Module 7: Decision-Making with Budget and Forecast Data
- Variance analysis
- Making informed decisions based on budget and forecast information
Module 8: Consolidating Multiple Program Budgets
- Consolidating Budgets
- Generating reports consolidated budgets
- Multi-year and multi-month budgets
- Connecting Budget vs Actuals
Course Conclusion:
- Certificates of completion
- Post-course resources and support
In this condensed format, the training focuses on the essentials of budgeting, Excel, and forecasting, with a combination of theory and hands-on practice. Participants will get a solid foundation in budgeting and forecasting techniques using Excel over two intensive days. This course is an expanded module of our Advanced Excel Master Class