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FINANCIAL FORECASTING, BUDGETING & MODELLING

Driving Financial Accuracy and Business Agility through Dynamic Planning Tools

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Course Schedule

Date Venue Fees (Face-to-Face)
19 – 23 Jul 2026 Doha, Qatar USD 3495 per delegate

 

Course Introduction

In an era of economic uncertainty and rapid change, accurate forecasting, efficient budgeting, and robust financial modelling are critical to effective decision-making. Organizations that leverage these tools can allocate resources more wisely, adapt quickly to market shifts, and maintain strategic agility.

This course provides professionals with the essential frameworks, Excel-based models, and analytical skills to build integrated forecasts, design budgets, and simulate financial scenarios. Real-world applications and hands-on sessions ensure participants leave with tools they can use immediately in their roles.

Course Objectives

By the end of this course, participants will be able to:
• Build dynamic financial models using Excel best practices
• Forecast income, expenses, and cash flow using various methods
• Develop rolling budgets and link them to strategic planning
• Apply scenario and sensitivity analysis to prepare for volatility
• Interpret model outputs to support sound business decisions

Key Benefits of Attending

• Gain hands-on experience in forecasting and modeling techniques
• Improve your budgeting process through integrated planning models
• Translate assumptions into accurate and reliable financial projections
• Enhance cross-functional planning and resource allocation
• Support business agility through real-time financial insights

Intended Audience

This program is designed for:
• Financial Analysts and Budget Officers
• Planning and Performance Managers
• Accountants and Controllers
• Strategy, Treasury, and Business Finance Professionals
• Anyone responsible for preparing or reviewing financial forecasts and models

Individual Benefits

Key competencies that will be developed include:
• Modeling revenue, costs, and profitability in Excel
• Variance analysis and performance forecasting
• Cash flow modeling and break-even analysis
• Linking financial models to strategic KPIs
• Scenario and sensitivity testing for risk preparation

Organization Benefits

Upon completing the training course, participants will demonstrate:
• More accurate and agile financial planning processes
• Better alignment of budgeting with business strategy
• Improved ability to forecast future performance and risks
• Enhanced collaboration between finance and business units
• Greater transparency and accountability in financial reporting

Instructional Methdology

The course follows a blended learning approach combining theory with practice:
• Strategy Briefings – Financial strategy alignment and forecasting concepts
• Case Studies – Budgeting and forecasting success/failure examples
• Workshops – Model building, projection exercises, rolling forecasts
• Peer Exchange – Budget process insights from different sectors
• Tools – Excel templates, scenario planners, forecasting dashboards

Course Outline

Training Hours: 7:30 AM – 3:30 PM
Daily Format: 3–4 Learning Modules | Coffee breaks: 09:30 & 11:15 | Lunch Buffet: 01:00 – 02:00

Day 1: Forecasting Principles and Frameworks

  • Module 1: Introduction to Forecasting and Budgeting (07:30 – 09:30)
    • Purpose, types, and strategic context
    Module 2: Forecasting Techniques and Assumptions (09:45 – 11:15)
    • Qualitative vs quantitative, top-down vs bottom-up
    Module 3: Time Series and Trend Analysis (11:30 – 01:00)
    • Moving averages, regression, seasonality
    Module 4: Workshop – Build a Sales Forecasting Model (02:00 – 03:30)
    • Assumption mapping and baseline creation

Day 2: Budgeting Systems and Models

  • Module 5: Types of Budgeting Approaches (07:30 – 09:30)
    • Incremental, zero-based, rolling, activity-based
    Module 6: Operating and Capital Budget Integration (09:45 – 11:15)
    • Linking P&L, balance sheet, and cash flow budgets
    Module 7: Budget Variance and Control Mechanisms (11:30 – 01:00)
    • Target setting, budget vs actual, variance drivers
    Module 8: Workshop – Develop a Departmental Budget Model (02:00 – 03:30)
    • Inputs, structure, review process

Day 3: Financial Modelling in Excel

  • Module 9: Excel Modelling Best Practices (07:30 – 09:30)
    • Structure, error-proofing, use of formulas and functions
    Module 10: Revenue and Cost Modeling (09:45 – 11:15)
    • Gross margin, variable/fixed cost allocation
    Module 11: Cash Flow Forecasting and Liquidity Planning (11:30 – 01:00)
    • Working capital, inflows/outflows, buffer analysis
    Module 12: Workshop – Create a 3-Statement Integrated Model (02:00 – 03:30)
    • Model linking and reconciliation

Day 4: Scenario Planning and Risk Analysis

  • Module 13: Scenario and Sensitivity Analysis (07:30 – 09:30)
    • Changing inputs, risk factors, driver-based planning
    Module 14: Break-Even and Contribution Margin Tools (09:45 – 11:15)
    • Profit-volume analysis, breakeven charts
    Module 15: Simulation and Monte Carlo Basics (11:30 – 01:00)
    • Risk ranges, outcome distribution, Excel tools
    Module 16: Workshop – Model a Business Stress Test (02:00 – 03:30)
    • Apply volatility to key drivers

Day 5: Strategic Integration and Reporting

  • Module 17: Linking Forecasting to KPIs and Strategy (07:30 – 09:30)
    • Financial and non-financial performance alignment
    Module 18: Financial Dashboards and Visual Reports (09:45 – 11:15)
    • Charts, graphs, executive summaries
    Module 19: Best Practices for Presenting Financial Models (11:30 – 01:00)
    • Storytelling with numbers, stakeholder communication
    Module 20: Final Workshop – Present Your Forecasting Model (02:00 – 03:30)
    • Group presentations and feedback session

Certification

Participants will receive a Certificate of Completion in Financial Forecasting, Budgeting & Modelling, validating their ability to plan, build, and apply dynamic financial tools to support decision-making and drive business performance.

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