Financial Planning & Analysis: Building A Company'S Budget

Learn the Fundamentals of Financial Planning and Position Your Career for Success!

What you'll learn
Prepare a Company's Budget from Scratch
Learn to differentiate between Top-Down and Bottom-up Techniques
Prepare the Revenue Budget of a Company
Project a Company's Planned Level of Production
Calculate Net Cash Flow
Project Various Types of Expenditures
Estimate Working Capital Needs
Carry out a Fixed Asset Rollforward
Build an Integrated Financial Model
Learn to Build Financial Statements in Excel
Requirements
Absolutely no experience is required. We start from the basics and gradually build up your knowledge. Everything is in the course.
You will need Microsoft Excel 2010, 2013, or 2016
Description
Looking to boost your income as a financial analyst?    Looking to acquire valuable skills that will set you aside from the competition?    You’ve come to the right place!   Financial Planning & Analysis: Building a Company’s Budget from Scratch guides you through the core principles of financial planning and helps you understand how a company prepares a budget. The video lessons touch on several technical topics such as revenue forecasting, cost planning, working capital development, fixed assets roll-forward, and cash flow calculation. Besides that, we will discuss 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. Specializing in these topics will turn you into a valuable, indispensable member of any company’s Finance team.    Experienced Instructor   Antoniya is a Finance Manager with more than 10 years of experience in FP&A teams. She is the right teacher for you because she understands how to explain a complicated topic in an easy to comprehend way. She is passionate about teaching and happy to answer your questions.   Well structured     This course shows it all, with no steps skipped. The lessons are easy, time-efficient, and well structured. We have used a number of teaching methods! Video lectures, Theory, Real business Examples, Animations, Quiz Questions, Case Studies, a Course Challenge … you name it!Why should you learn about FP&A and Budgeting?   One of the most important activities in Corporate FinanceA key topic in interviews, especially when hiring people with a few years of experienceBudgeting is great for networking – you communicate with some of the most important individuals within a companySalary. FP&A specialists enjoy a very well-paid careerPromotions. Financial Planning Analysts acquire valuable technical skills and are well-known throughout the organization, which makes them the leading candidates for senior rolesGrowth. Forecasting what will occur in the future is always interesting and full of surprisesInteractive experience   Here comes the fun part!   We have a challenge for you! After each major block you have covered, you will be asked to solve a challenge. You will:   Predict a company’s salesCreate a budget for the costs that will support the expected level of salesWork on a Production BudgetCalculate expected Net Cash FlowsPrepare a budgeted Income Statement and Balance SheetSounds interesting, right?   At the end of the challenge, you will send us the work that you’ve done, and we will send back personalized feedback to you. This makes for an interactive student experience that optimizes what you will learn from the course.   The students who complete the task will participate in our monthly Amazon Gift Card lottery with the chance of winning a $10 gift card, rewarding them for their engagement.   What makes this course different from the rest of the Finance courses that are out there?   High quality of production – Full HD video and animations (This isn’t a collection of boring lectures!)Knowledgeable instructor (experience working for companies like 3M and Coca-Cola)Specialized training – the only course that covers this topic on UdemyExtensive Case Studies that will help you reinforce everything you’ve learnedCourse Challenge: Solve our Course Challenge and make this course an interactive experienceExcellent support: If you don’t understand a concept, or you simply want to drop us a line, you’ll receive an answer within 1 business dayDynamic: We don’t want to waste your time! The instructor keeps up a very good pace throughout the whole course.      Please don’t forget that the course comes with Udemy’s 30-day, unconditional money-back-in-full guarantee. And why not give such a guarantee, when we are convinced that the course will provide a ton of value for you?Click the 'Buy now' button to get access to the course and boost your career!

Overview

Section 1: Course Introduction

Lecture 1 Course Introduction. What does the Course cover?

Section 2: Getting Started with Financial Planning and Analysis

Lecture 2 What is a budget and why do we need it?

Section 3: The Accounting Framework

Lecture 3 Major Financial Statements

Lecture 4 Understanding the Income Statement

Lecture 5 Understanding the Balance Sheet

Lecture 6 Cash vs. Profit

Lecture 7 Understanding the Cash Flow Statement

Lecture 8 Direct vs. Indirect Method

Lecture 9 Major Interrelatioships between the Financial Statements

Section 4: Mechanics of the Budgeting Process

Lecture 10 The Importance of Budgeting

Lecture 11 Completing 33% of the Course

Lecture 12 Key Steps in Budget Preparation

Lecture 13 The Budget Horizon

Lecture 14 Budgeting Levels of Detail

Lecture 15 Budgeting Approaches

Lecture 16 Updating the Budget

Lecture 17 Who prepares the Budget?

Lecture 18 The Master Budget

Lecture 19 The Budget Sign-off

Lecture 20 Completing 50% of the Course

Section 5: Time for a Case Study: Henry's Hats

Lecture 21 Company Overview

Lecture 22 Calculating Revenue - The Bottom-up Approach

Lecture 23 Calculating Revenue - The Top-down Approach

Lecture 24 Understanding COGS Calculation

Lecture 25 Calculating Volume of Production

Lecture 26 Direct Materials and Direct Labor

Lecture 27 Production Overheads

Lecture 28 Cost of Goods Sold (COGS) Summary

Lecture 29 The Payroll Budget

Lecture 30 The SG&A Budget

Lecture 31 Balance Sheet Items - Overview

Lecture 32 The Cash Conversion Cycle

Lecture 33 The Working Capital Budget

Lecture 34 The Fixed Assets Budget

Lecture 35 Loan Repayment Schedule

Section 6: Completing Henry's Hats' Master Budget

Lecture 36 The Budgeted Income Statement

Lecture 37 The Budgeted Balance Sheet

Lecture 38 The Budgeted Cash Flow Statement

Lecture 39 Presenting the Results

Section 7: Course Challenge

Lecture 40 Course Challenge - 99 Agency

Lecture 41 Completing 100% of the Course

Section 8: Who Does What in Finance? (optional)

Lecture 42 Who Does What in Finance?

People Who Want a Successful Career in Finance,Anyone Who Wants to Learn How to Create a Corporate Budget,People who are ambitious and want to learn faster than their peers