Budgeting and Forecasting Course

[Required] Build and develop budgets, forecast results, and use variance analysis to track performance
  • 64 Videos
  • 5 Quizzes
  • 1 Survey
  • 1 Text
  • 3 Downloads
  • 1 Exam
  • 4.0 hrs

Course Curriculum

$497.00
Full CFI Program: 25 courses, template library, & Financial Analyst Certification

Course description

Recommended Prerequisites

You are expected to have either completed the stated prerequisite course(s) or possess the equivalent knowledge prior to enroling in this course:

  1. Accounting Fundamentals
  2. Excel Crash Course


Financial budgeting course description

This financial budgeting course will teach you about the entire budgeting process from start to finish, including how to create a disciplined culture of budgeting in your organization, the various methods for building budgets, techniques to analyze results, and how to increase the chances of organizational performance improvements.

This interactive and applied budgeting course enables participants to:

  1. Adopt a disciplined approach to developing budgets
  2. Forecast results with quantitative and qualitative methods
  3. Effectively use variance analysis to track performance
  4. Present results with charts and graphs


budgeting course - how to develop a budget


Who should take this budgeting class?

This online budgeting class is designed for those who are responsible for financial management, budgeting, and forecasting within their organizations.  This may include professionals working in financial planning and analysis (FP&A), accounting, treasury, financial reporting, corporate development, etc.


What you will learn in this budgeting 101 course

By the end of this budgeting 101 class, participants are able to:

  • Understand the principles behind best practice financial management
  • Explain the importance of budgeting within a strategic framework
  • Build a robust budgeting process within their organization
  • Know when and where to use various budgeting approaches such as zero-based budgeting
  • Forecast future performance by better analyzing revenue and cost drivers
  • Use effective variance reporting to track organizational performance
  • Make use of Excel functions and tools that are particularly suited to the budgeting process.


Types of budgets - budgeting 101 course example


Financial budgeting class content

Topics covered will include:

  • Budgeting within a strategic framework
  • Building a robust budgeting process
  • Managing budget psychology
  • A practical guide to developing budgets
  • Common budgeting approaches (e.g. Incremental, value-based, zero-based, etc.)
  • Forecasting techniques (moving average, regression analysis, etc.)
  • Tracking budget performance with variance analysis (waterfall charts, etc.)
  • Applied budgeting tools and techniques (Excel, solver, pivot tables, etc.)


screenshot of scorecard from budgeting class


CPE Information

For further CPE information, please read before purchasing: 

https://corporatefinanceinstitute.com/about/cpe-information/


Publish Date: Sep 06, 2017

Last Revision: Jan 18, 2018


Budgeting 101 class screenshots

variance analysis in budgeting class example


Budget Template Excel Model



Variance analysis in Excel - financial budgeting class

Reviews (9)

Budgeting and Forecasting

by Idriss Malike Ngari Ontsilambissa
I always thank god for coming across CFI because each time I watch these INCREDIBLE videos I am speechless due to the deep Excel skills and understanding that I gain from them. CFI boosts my confidence TREMENDOUSLY. You are the best ever. 5 stars.

I Feel Good

by KANNY SIBOZA
What a nice course, I love it when it gets to linear regression, I could play around in excel, with the charts and the most exciting part I love is the formula for y=mx+b. i.e revenue on the y-axis and the excel application of "F4 key" anchoring I love it, I took linear regression so seriously that I feel the linear God in me. UUUH! I love it, CFI you made me a better person. Thanks CFI

Budgeting and Forecasting

by Delbert Adivnovak
Very Cool and very helpful

Budgeting and Forecasting

by Valerie Garcia
The course was very practical, with many documents provided and exercises in Excel well explained.

Wonderful!

by Vithu Borkar
The best tool for finance professionals in knowing and understanding, analyzing and interpreting the data using various mathematical and statistical methods via excel.

Excellent Course

by Blessing Lawal
This is a profound course. Very beautiful!

Budgeting and Forecasting

by Saroj Kumar
Awesome explanation ...
Read more

Budgeting and Forecasting

by Idriss Malike Ngari Ontsilambissa
I always thank god for coming across CFI because each time I watch these INCREDIBLE videos I am speechless due to the deep Excel skills and understanding that I gain from them. CFI boosts my confidence TREMENDOUSLY. You are the best ever. 5 stars.

I Feel Good

by KANNY SIBOZA
What a nice course, I love it when it gets to linear regression, I could play around in excel, with the charts and the most exciting part I love is the formula for y=mx+b. i.e revenue on the y-axis and the excel application of "F4 key" anchoring I love it, I took linear regression so seriously that I feel the linear God in me. UUUH! I love it, CFI you made me a better person. Thanks CFI

Budgeting and Forecasting

by Delbert Adivnovak
Very Cool and very helpful

Budgeting and Forecasting

by Valerie Garcia
The course was very practical, with many documents provided and exercises in Excel well explained.

Wonderful!

by Vithu Borkar
The best tool for finance professionals in knowing and understanding, analyzing and interpreting the data using various mathematical and statistical methods via excel.

Excellent Course

by Blessing Lawal
This is a profound course. Very beautiful!

Budgeting and Forecasting

by Saroj Kumar
Awesome explanation ...

by ARTURO SOSA CUERVO

by Mohammed alyousef