Financial Planning Analysis Building A Companys Budget

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

Last updated 2022-01-10 | 4.6

- Prepare a Company's Budget from Scratch
- Learn to differentiate between Top-Down and Bottom-up Techniques
- Prepare the Revenue Budget of a Company

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?   

Willing 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 to understand how a company prepares its 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 will always be available 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 Finance

  • A key topic in interviews, especially when hiring people with a few years of experience

  • Budgeting is great for networking – you communicate with some of the most important individuals within a company

  • Salary. FP&A specialists enjoy a very well-paid career

  • Promotions. Financial Planning Analysts acquire valuable technical skills and are well-known throughout the organization, which makes them the leading candidates for senior roles

  • Growth. Forecasting what will occur in the future is always interesting and full of surprises

Interactive 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 sales

  • Create a budget for the costs that will support the expected level of sales

  • Work on a Production Budget

  • Calculate expected Net Cash Flows

  • Prepare a budgeted Income Statement and Balance Sheet

Sounds 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 Udemy

  • Extensive Case Studies that will help you reinforce everything you’ve learned

  • Course Challenge: Solve our Course Challenge and make this course an interactive experience

  • Excellent 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 day

  • Dynamic: 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!

Who this course is for:

  • 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

Course content

7 sections • 43 lectures

Course Introduction. What does the Course cover? Preview 04:15

Major Financial Statements Preview 04:31

Understanding the Income Statement Preview 08:21

Understanding the Balance Sheet Preview 07:27

Cash vs. Profit Preview 04:38

Understanding the Cash Flow Statement Preview 06:32

Direct vs. Indirect Method Preview 05:41

Major Interrelatioships between the Financial Statements Preview 04:31

The Accounting Framework

The Importance of Budgeting Preview 05:27

Completing 33% of the Course Preview 00:31

Key Steps in Budget Preparation Preview 03:44

The Budget Horizon Preview 07:09

Budgeting Levels of Detail Preview 03:20

Budgeting Approaches Preview 04:23

Updating the Budget Preview 03:13

Who prepares the Budget? Preview 04:38

The Master Budget Preview 06:23

The Budget Sign-off Preview 02:44

Mechanics of the Budgeting Process

Completing 50% of the Course Preview 00:38

Company Overview Preview 04:43

Calculating Revenue - The Bottom-up Approach Preview 07:45

Calculating Revenue - The Top-down Approach Preview 05:38

Understanding COGS Calculation Preview 03:03

Calculating Volume of Production Preview 06:28

Direct Materials and Direct Labor Preview 04:33

Production Overheads Preview 04:40

Cost of Goods Sold (COGS) Summary Preview 02:04

The Payroll Budget Preview 08:50

The SG&A Budget Preview 05:06

Balance Sheet Items - Overview Preview 06:23

The Cash Conversion Cycle Preview 06:16

The Working Capital Budget Preview 06:04

The Fixed Assets Budget Preview 06:57

Loan Repayment Schedule Preview 04:46

The Budgeted Income Statement Preview 06:16

The Budgeted Balance Sheet Preview 07:04

The Budgeted Cash Flow Statement Preview 12:51

Presenting the Results Preview 04:28

Course Challenge - 99 Agency Preview 01:29

Completing 100% of the Course Preview 00:33