15.03.2023
Best Course provided by our institute in finance sector this course helping to getting a job and as also knowledge also..
The FP&A course will guide you through the process of financial planning and analysis, including budgeting, forecasting, and performance measurement. Throughout thе lessons, you will work on real-world case studies that will help you apply your new skills in a practical setting.
Financial Planning and Analysis (FP&A) teams play a crucial role in business operations. FP&A analysts help with financial planning, budgeting, and forecasting. They analyze historical financial data and prepare projections under various scenarios to facilitate data-driven decision-making. The Financial Planning and Analysis (FP&A) function is distinct from accounting as it is increasingly forward-looking. It focuses on the drivers of financial results and on what and why is likely to happen in the future. This FP&A course will guide you through the core principles of financial planning and analysis and help you understand the complete budget preparation process. We touch on several topics, including basic accounting transactions, core financial statements, revenue and expense forecasting, working capital planning and estimation, fixed assets roll forward, cash flow calculation, and more. We discuss why firms need to prepare Annual Business Plans (ABP), the difference between budgeting and forecasting, the main techniques used in financial planning, and who is involved in the preparation and sign-off of the ABP. These are crucial skills that help FP&A professionals identify cost-saving, revenue generation, and investment opportunities in the companies and industries they work for. We complete the FP&A course with a practical example of preparing a complete budget model from scratch in Excel. Enhance your finance career by joining the thousands of professionals who have already completed this course. Sign up now to master the art of financial planning and analysis!
This Financial Planning and Analysis Course covers the basic theory that every FP&A analyst needs to know and teaches you how to apply it in practice using real-world examples. By the end of the course, you will:
In the introductory lesson of this FP&A course, we present the basic budgeting principles. You will learn why companies need a budget and how to build a personal budget using a standard template.
What does the course cover Free What is a Budget and Why do we Need it? FreeThis section provides the foundational accounting knowledge and skills required to earn a financial planning and analysis certification. We examine the core financial statements that companies prepare—the Income Statement, Balance Sheet, and Cash Flow Statement. Exploring how these interrelate will help us use them in a complete budgeting model later on.
Major Financial Statements Free Understanding the Income Statement Understanding the Balance Sheet Understanding the Cash Flow Statement_Part 1 Understanding the Cash Flow Statement_Part 2 Direct vs. Indirect Cash Flow Statement Major Interrelationships between the Financial StatementsIn the last theoretical section of this FP&A course, we discuss the importance and mechanics of the budgeting process, the key budget preparation steps, and the difference between short-term and long-term planning. You will also learn the difference between budgeting and forecasting, who is responsible for preparing and updating the budget, and the meaning of a Master Budget.
The Importance of Budgeting Key Steps in the Budget Preparation The Budget Horizon The Budgeting Levels of Detail Budgeting Approaches Updating the Budget Who Prepares the Budget? The Master Budget The Budget Sign-offIn this section, you will have the chance to apply everything you have learned in this FP&A training. Together, we will build a complete budget model in Excel using the historical financial information of a fictitious company called Henry’s Hats. You will learn how to forecast revenue, COGS, various types of expenses, fixed assets, long-term liabilities, and others.
Henry's Hats - Company Overview The Bottom-up Approach The Top-Down Approach Understanding COGS Calculation Volume of Production Direct Materials and Direct Labor Production Overheads The COGS Budget The Payroll Budget The SG&A Budget Balance Sheet Items The Cash Conversion Cycle The Working Capital Budget The Fixed Assets Budget Loan Repayment ScheduleIn the final section of the FP&A course, you will prepare Henry’s Hats' budgeted financial statements and learn how companies typically present their budget models. Last but not least, you will prepare a budget model on your own as part of the Course Challenge we created for you!
The Income Statement Budget The Balance Sheet Budget The Cash Flow Budget Presenting the Budget Course Challengewith Antoniya Baltova