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An Interactive 10-Day Training Course

Financial Planning and Budgeting for Performance Management

Schedules Outline

Classroom Schedule

Date	Venue	Fees
22 Dec - 02 Jan 2026	Paris - France	$ 11,900
21 Dec - 01 Jan 2027	Paris - France	$ 11,900

Modules

This training course is split into the following modules:

Module I - Budgeting For Performance Management

Module II - Financial Analysis, Planning & Control

Course Outline

Module I: Budgeting For Performance Management

Day 1

Budgeting and Business Performance Management

Creating value for key organisational stakeholders
Business Performance Management (BPM) frameworks
The fundamentals of competitive strategy
The vital role of budgeting and cost management in BPM
Principles of financial and management accounting
Key financial measures of value creation
Using strategy maps to integrate non-financial measures

Day 2

Cost Planning and Cost Management

Defining and understanding cost behaviour
The role of costing in performance management
Traditional costing: absorption costing
Traditional costing: marginal costing and break-even analysis
Traditional costing: standard costing control frameworks
Developments in costing: Target and Kaizen costing
Developments in costing: Activity Based Costing (ABC)
A strategic approach to cost management and reduction

Day 3

Steps and Techniques in Budget Preparation

Forecasting techniques for budgeting
Business Intelligence and budgeting
Diagnostic and predictive analytics for budgeting
Statistical tools and techniques in sales forecasting
Statistical tools and techniques for cost forecasting
Steps in the budgeting process
Budgeting and managing capital expenditure (CapEx)
Cash flow forecasting and budgeting
Styles and approaches to budgeting
Human and behavioural aspects of budgeting

Day 4

Using Budgets to Monitor and Manage Performance

Principles of Responsibility Accounting
Variance analysis and performance management
Standard costing and cost management
Using data analytics to find the root cause of variances
Data visualisation techniques for financial reports
Designing budget reports
Dashboards and their use in performance management
Designing tactical dashboards for budget management

Day 5

Beyond Budgeting to Adaptive Management

Shortcomings of traditional approaches to budgeting
Beyond Budgeting case study
Moving towards decentralised performance management
Replacing budgets with rolling forecasts
Using key driver forecasts for risk management
Using balanced scorecard to manage Key Performance Indicators
Why traditional budgeting still has a key role to play

Module II: Financial Analysis, Planning & Control

Day 6

The Challenge of Financial Economic Decision-Making

The Practice of Financial / Economic Analysis
The Value-creating Company
Corporate Value and Shareholder Value
A Dynamic Perspective of Business
The Agency Problem and Corporate Governance
What information and data to use?
The Nature of Financial Statements
The Context of Financial Analysis and Decision-making

Day 7

Assessment of Business Performance

Ratio Analysis and Business Performance
Management’s Point of View
Owners’ Point of View
Lenders’ Point of View
Ratios as a System – Pyramids of Ratios
Integration of Financial Performance Analysis
Economic Value Added (EVA)
Predicting Financial Distress and Z-score Model

Day 8

Analysis of Investment Decisions

Applying Time-adjusted Measures
Net Present Value (NPV) and Internal Rate of Return (IRR)
Modified Internal Rate of Return (MIRR)
Strategic Perspective
EVA and NPV
Refinements of Investment Analysis
Equivalent Annual Cost (EAC)
Sensitivity Analysis, Scenario Analysis, Simulation, and NPV Break-even
Dealing with Risk and Changing Circumstances

Day 9

Projection of Financial Requirements

Interrelationship of Financial Projections
Operating Budgets
Standard Costing and Variance Analysis
Cash Forecasts and Cash Budgets
Sensitivity Analysis
Dynamics and Growth of the Business System
Operating Leverage
Financial Growth Plans
Financial Modelling

Day 10

Valuation and Business Performance

Managing for Shareholder Value
Shareholder Value Creation in Perspective
Evolution of Value-based Methodologies
Creating Value in Restructuring and Combinations
Financial Strategy in Acquisitions
Business Valuation
Business Restructuring and Reorganisations
Management Buy Outs (MBOs) and Management Buy Ins (MBIs)

Certificates

On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.

Providers and Associations

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Frequently Asked Question:

GLOMACS offers both online andperson training options. You can choose from interactive virtual sessions or attend one of our globally locatedperson training courses. The flexibility ensures that learning fits your schedule and preferences.

Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.

Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions,on activities, and interactive Q&A sessions to maximize learning outcomes.

For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.

You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.

Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability,recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.

GLOMACS is a globally recognized leader in professional training and development, with a reputation for deliveringquality,driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online andperson), and accredited certifications that add real value to your career.

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

Options & Brochure

Related Categories

Strategy & Strategic Planning Finance & Budgeting

An Interactive 10-Day Training Course

Financial Planning and Budgeting for Performance Management

Modules

Module I: Budgeting For Performance Management

Budgeting and Business Performance Management

Cost Planning and Cost Management

Steps and Techniques in Budget Preparation

Using Budgets to Monitor and Manage Performance

Beyond Budgeting to Adaptive Management

Module II: Financial Analysis, Planning & Control

The Challenge of Financial Economic Decision-Making

Assessment of Business Performance

Analysis of Investment Decisions

Projection of Financial Requirements

Valuation and Business Performance

Endorsed Education Provider

In Association With

Frequently Asked Question:

Download Pdf

Download Request

An Interactive 10-Day Training Course

Financial Planning and Budgeting for Performance Management

Modules

Module I: Budgeting For Performance Management

Budgeting and Business Performance Management

Cost Planning and Cost Management

Steps and Techniques in Budget Preparation

Using Budgets to Monitor and Manage Performance

Beyond Budgeting to Adaptive Management

Module II: Financial Analysis, Planning & Control

The Challenge of Financial Economic Decision-Making

Assessment of Business Performance

Analysis of Investment Decisions

Projection of Financial Requirements

Valuation and Business Performance

Endorsed Education Provider

In Association With

Frequently Asked Question:

Course Registration

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Download Pdf

Download Request