Basics of planning and budgeting courses. Budgeting. Development and implementation practice. Segment reporting module. Management control: non-financial performance indicators

The combination of planning technology (strategic and budgetary) with a clear organization of the company's activities gives a noticeable effect in the form of resource savings, predictability and manageability in general.

The course is devoted to an in-depth study of budgeting and financial planning issues. On it you:

get skills budget planning, taking into account strategic guidelines in budgets, drawing up a corporate business plan;
master analytical tools that will allow you to predict the future financial condition of the company, plan financial flows, make the right financial and management decisions;
practice solving practical problems and analyzing specific business situations (cases) based on real consulting projects.

The basis of the training course is the budgeting methodology and the description of the annual budget process in the form of a sequence of steps. Under the guidance of experts, you adapt the information to your organization and, having received all the necessary teaching materials, easily apply the knowledge in your company.

Bonus to every participant!
1.5-hour consultation with Mikhail Serov and Eduard Ivanchenko. You can register with your manager.

Purpose of the course

Increase the efficiency of company management with the help of competent planning and budgeting.

The course is intended for:

finance managers and their deputies;
heads of enterprises; heads of budget committees and budget departments, planning and economic departments;
analysts and planners; general directors;
directors for development and strategic planning.

On the course you will learn:

what should be the correct system of budgetary management of the company;
how the use of budgeting helps to achieve the strategic goals of the organization;
how to determine the strategic financial parameters of activities and standards to control their implementation;
what budgeting looks like in the format of a business process;
what are the main goals and objectives of budgeting;
what are the methodologies and technologies for developing budgets;
what are the technologies for organizing the budget process;
how to draw up and consolidate budgets of all levels;
how to use historical data to develop budgets;
how are financial budgets with solutions in the field of procurement, production and sales;
how to properly distribute responsibility for the formation, approval and execution of budgets within the financial structure of the company;
how to create and apply budget regulations and budgeting regulations.

main material - 50%;
training, problem solving - 35%;
practical consultations, answers to questions - 15%.

Course program

TOPIC 1. STRATEGY - PLANNING - BUDGETING: HOW THIS LINK SHOULD WORK IN THE ORGANIZATION (Serov M.A.)

Sequence of steps: strategy - plan - budget - linking strategy and plans - calculating future value - adjustments and optimization.
Basis for success: methodology (catalog of budgeting information) + description of the annual budgeting process in the form of a sequence of steps.
Case: developing the structure of a budgeting methodology in your organization.
How does the accuracy of budgets depend on the correctness of forecasts and sales plans?
Budget Committee: functions and responsibilities.
The financial structure of the organization. Formation of Fiscal Responsibility Centers.
Strategic goals in budgets: business efficiency, increasing competitiveness, the cost of the organization (business), taking into account the interests of shareholders and owners.
Allocation of resources in budgeting. Resource exchange model.
How should the process of making a forecast and a sales plan be organized?
Budgeting as the main method of cost control.
Management struggle in the allocation of resources when budgeting.
The main difficulties and difficulties in the execution of budgets.

TOPIC 2. CORRECT ORGANIZATIONAL STRUCTURE AND FUNCTIONS OF THE FINANCIAL SERVICE IN THE IMPLEMENTATION OF BUDGETING (Serov M.A.)

The organizational structure of the financial service and the budgeting process.
The main actors in the company, their interests, qualifications, knowledge and skills. Directors and shareholders (owners), CFO, PEO.
Interaction general director, CFO, chief accountant and treasurer in effective budgeting.
Interaction between structural units, the procedure for resolving conflicts.

TOPIC 3. BASIC TECHNOLOGIES OF BUDGET ADMINISTRATION (Ivanchenko E.I.)

Turning financial strategy into budgets

Financial strategy as a model of enterprise finance management. Link to grand strategy and strategic performance.
Financial forecasting and modeling as the basis for strategic decisions.
Investment strategy enterprises as part of a financial strategy.
How is budgeting related to strategic business goals?
Transformation of financial strategy indicators into budgetary goals and parameters.

Forecasts and planning scenarios

Five main goals of budgeting.
Budgets and financial forecasting: how to "get the route" in business.
Pre-budget preparation - scenario analysis of the future.
Forecasting business in the format of the model "as is" and "to be".

Budgeting as a function of integrated enterprise management

General ("master") budget of the company: composition and sequence of development.
The principles of developing the structure of budgets and its individual components (operational, investment, financial, consolidated budgets).
Features of planning sales, production, costs, stocks, purchases.
Flexible, floating, dynamic, fixed budgets.
Methods for assessing and forecasting sales and income. Active and passive management of business profitability.
Links between different budgets.
Planning consolidated budgets (budget of income and expenses, budget of movement money, forecast balance). What is the procedure for balancing the budget?

Types of budgets and their preparation

Classification and types of budgets. Operating and financial budgets.
Cash Flow Budget: How to Make and Use.
Income and Expense Budget: cost structure and types of profit.
Budget classifier: the main classifier of articles of management accounting and planning.
Predictable management balance.

Cash flow budget: forecasting and managing solvency

Building an effective cash flow management system.
Cash flow forecasting. Forecasting cash expenditures. Optimization of cash flows in the short and long term.
Algorithm of the treasury (financial department with functions of the treasury).
Formation and control of compiled payment registers.
Payment calendar and operational cash plan as tools for operational cash management.
Forecasting cash gaps, ranking of payment transactions.
Account balances management. Calculation of the optimal balance of funds.
Reserve fund companies as the main tool for risk management. Creation and management of reserves.
Typical mistakes when compiling BDDS.

Income and Expenditure Budget: forecasting and managing profitability

Methodology for constructing BDR. The sequence of steps to compile the MDD. Rationing of costs within the framework of budgetary management.
Operating budgets: sales, inventory, production, material and labor costs, general production overheads, administrative and selling expenses.
Assembling BDR from operating budgets.
Structural Analysis budget of income and expenses.
Strategic cost management through budgets.

Projected management balance

Forecasting and management of property turnover and liquidity.
Layout of the forecast management balance based on the data of operating budgets.
Analysis and adjustment of the compiled balance sheet.

Financial analysis of the quality of budgets

Control of key financial indicators for budgets. With what to compare indicators?
Rationing of budget indicators.
Trend analysis through the combination of fact for 5 years and budgets for 3 years in advance.

The architecture of the budget system: regulations, objects, reports

Budgetary regulations, distribution of functions, order of interaction.
Financial structure of the company: financial centers and their leaders.
Types of financial responsibility and accounting centers (CFD and CFD).
Company management through responsibility centers - problems and benefits.
Development of a system of planning and control indicators for the Central Federal District.
What are the main problems and mistakes in the implementation and implementation of budget management in the company?

TOPIC 4. SYSTEM OF FINANCIAL CONTROL IN THE COMPANY BASED ON BUDGET MANAGEMENT (Ivanchenko E.I.)

Financial control and execution of budgets

Budget execution control: treasury and plan-actual control.
Checkpoints for analysis and verification of key budgets and reports.
Audit of the existing budgeting system.
How to improve the budgeting system in the organization?
Implementation of effective budgeting and control in the organization.

TOPIC 5. RISK MANAGEMENT THROUGH BUDGETS (Ivanchenko E.I.)

Assessment of financial risks using a budgeting system.
Formation of financial reserves (funds). How is it done in developed countries?
Monitoring and analysis of the state of budgets from the point of view of risk management.

TOPIC 6. HOW CORRECTLY FORECAST AND PLAN SALES IN ORDER TO REDUCE VARIATIONS IN FINANCIAL BUDGETS? (Shchegolev A.V.)

Sales forecast and plan.
Preparation and analysis of data for forecasting.
What are the typical indicators for the forecast?
An example of a set of indicators in the Regional context.
Analytical section on sales channels.
Section on a commodity basis.
Analysis: profit dynamics in relation to the same period last year.
Information panel "Plan / fact".
Cleaning and preparation of statistical data.
Making a forecast for cases when the business is not related to commodity items, but, for example, services.
An example of calculating a sales plan for a multivariate model.

TOPIC 7. HOW TO AUTOMATE BUDGETING IN AN ORGANIZATION (Serov MA)

Determination of the level of complexity and scale of business processes.
Analysis of typical problems and errors russian enterprises when implementing budgeting.
Automation goals. What can realistically be achieved from automation?
Experience in budgeting automation: organizational and psychological aspects.
Review of business automation systems. Integration with automation systems for financial management accounting and budgeting.
Estimating the cost of the implementation project automated system management financial accounting.
The main stages of the implementation of an automated budget management system.

Effective budgeting system

Assessment of the effectiveness of the budgeting system. What to do when budgeting is ineffective.
Approaches to the formation of the financial structure on the examples of companies in various industries.
The essence and stages of building a company budgeting system.
Effective Practical Budgeting Techniques.
Special budgeting tools. Budgeting bodies.
Workshop: "Review of budgeting systems for enterprises in various industries."
Choice of software.
Regulation and automation of the budgeting system.
Material incentives as part of the company's motivational policy. Incentive schemes. Rules for determining remuneration and fines. Principles of an effective bonus system.
The main alternatives to budgeting: balanced scorecard, early indicator system, risk management.

Formation of the financial model of the company

Basic principles of building a financial model.
Financial model, budget, investment plan - practical understanding and application.
Model - a typical structure, a sequence of "assembly".
Risk and return.
How important are exceptions to the rules (adaptation of standard forms of financial reporting, introduction of elements of management accounting)?
Management sections of the model, depth of detail.
How to solve the problem of investor motivation (dividends, "risk pay", etc.) and reflect this in the model?
What risks should be considered?
Differences in the financial structure of the models.
Use of internal and external analysis tools.
Practical construction of a financial model.
Workshop: "Calculation of financial flow for several proposed options."
Testing the formed financial model and the formation of proposals for making management decisions.
Dynamic model (assessing the impact of changes various parameters for the implementation of the business plan) - demonstration of various development scenarios.
Profitability of products (picture by product except for operating expenses).
Profit and liquidity ("tuning" the model, smoothing cash gaps) - a demonstration by example.
Business plan and business process (which is required for the financial model to work).

Controlling: Relevant Aspects

Controlling as a corporate navigation function. Main functions and tasks.
Balanced system of key performance indicators (KPI) according to Norton and Kaplan as a means of managing an organization.
Workshop: "Organization management according to the KPI system".
Functional controlling: purchasing - logistics - production - marketing - sales. Key performance indicators for individual functions.
Assessment investment projects and calculation of business cases (total cost of ownership, net present value, payback period).
Transparency in cost accounting: 5 sections (articles, departments, processes, products, clients). Methods for the distribution of indirect costs. Evaluating the profitability of products and customers.
Workshop: “Profitability in the context of client-product”.
Controller as a business partner, co-pilot, “official opponent” and economic conscience. "Soft" skills of the controller ("selling" ideas, change management, communication with colleagues).

Management accounting: application practice

The concept of "management accounting". Place of management accounting in information system business. The essence of management accounting is what a management accounting system can and should do.
Management accounting tasks: resource accounting, control and analysis of financial and economic activities, planning, forecasting and forecast evaluation.
Basic components of the management accounting and analysis system: accounting and cost management, development of estimated and comparative performance indicators. planning of operational production, financial and investment activities, as well as forecasting internal and external factors that affect the activities of the enterprise, drawing up management reporting.
Interfacing management accounting systems with the system accounting... Management accounting formulation technology. The main ways of setting management accounting.
Creation of a reporting system - the main requirements for management reporting: timeliness, format, content.
Creation of internal regulatory documentsregulating management accounting. Accounting policy for management accounting (accounting for assets, liabilities, equity capital, income, expenses, receipts, payments) is an effective means of monitoring the company's operating activities. Accounting policy generator. Examples of regulatory documents.
Planning as a basic component of the management accounting system: Balanced Scorecard - implementation experience in Russian business.
A set of estimated and comparative performance indicators as a basic component of the management accounting system: market value indicators, assessment of financial, operational and risk management activities, indicators characterizing business risks (market, credit, liquidity risk).

Management accounting and budgeting help you evaluate your business and make informed decisions at all levels. The profitability and success of the business, the correct use of the company's financial potential depend on them.

Having mastered the skills of management accounting and budgeting, an employee can optimally distribute business funds, and the company can extract maximum profit.

The Russian School of Management invites you to courses in management accounting and budgeting in Moscow. The goal of our program is to acquaint specialists with effective methods of managing financial resources, expenses and assets. After listening to the RSHU courses, you will not only master the working tools, but also be able to use them in practice.

Features of training at RSHU

Budgeting and management accounting courses involve the use of modern educational methods. In the learning process, students receive not only theoretical knowledge: the courses are conducted business games, working situations are modeled, a dialogue with teachers is being conducted and common mistakes are analyzed.

In the RSU courses on management accounting, you will understand:

Organization of work of financial, economic and accounting services.

Formation of financial models of companies.

Evaluation of work according to KPI criteria.

The cons of traditional budget accounting systems.

Features of financial incentives.

Working capital management organizations.

Topical aspects of controlling.

The planning and budgeting courses are taught by qualified educators with practical experience. They will be happy to share their experience, answer questions and teach you how to avoid mistakes.

Who will benefit from the RSU courses?

Budgeting courses are designed for different professionals. Training will be useful:

Accountants and management accounting specialists.

Employees of economic planning services.

Enterprise economists.

CFOs.

Auditors.

CEOs and top managers of companies.

Investment analysts.

Financial controllers.

To employees of anti-crisis departments.

Distance learning is possible on the courses. This option will be convenient for those who want to acquire new knowledge and improve their skills without interrupting the work process. Taking courses in management accounting and budgeting is an opportunity to learn how to accept correct decisions and plan a budget.

You can sign up for courses by phone or on the website. Please select the best option passing the program. The cost of the courses varies from 22,900 to 47,900 rubles. Studying the art of management financial accounting is a profitable investment in the future, because qualified specialists are always in demand in the labor market.

More than 1000 people have already attended the seminar on budgeting.Reviews \u003e\u003e\u003e

Financial planning and budgeting at the enterprise sets the direction of development and determines the need for financial resources for a long-term and short term... The budget must be balanced at the start and successfully executed. How to do it?

Alpha Business School invites you to attend the Planning and Budgeting for Financiers seminar, intelligently combining theory with practical examples.

The course "Planning and Budgeting for Financiers" reveals the relationship between strategic and operational planning, explains technologies and procedures for financial modeling and budgeting.

The Seminar "Planning and Budgeting for Financiers" will give participants knowledge and a set of practical tools on:

How to build a budget management system? How to link strategic and operational goals? How to develop a consolidated budget for a production or trading company? How to develop budget regulations? How to create effective system control over budget execution? How to draw conclusions when analyzing budget deviations? How to automate budgeting procedures?

The target audience

The Planning and Budgeting for Financiers course is designed for managers and employees of the finance and economic department.

Objectives of the Seminar "Planning and Budgeting for Financiers"

Trace the relationship between the strategy and goals of the company, the system of motivation and performance indicators, planning tools and management decisions;
To give practical skills in drawing up financial models and master budgets;
Study the procedures for monitoring and analyzing budget execution;
Examine the procedures and documents required in the budget process;
Discuss the principles of budgeting automation;
Analyze common mistakes in budgeting.

Workshop program

"Planning and budgeting for financiers"

Functions and procedures of the budgeting system.
How to plan the activities of the company.
Management accounting and budgeting.
Financial structure. Financial responsibility centers, functional centers.
Motivation system. KPI and Balanced Scorecard (BSC).
Budget model. Consolidated budgeting technology. Estimates.
How to forecast income.
How to develop a budgetary regulation.
Control and procedures for budget execution.
How to manage financial risks.
Analysis of budget execution. Types of analysis.
When to use process budgeting (ABB).
Features of project budgeting.
How to choose a program and automate budgeting procedures.
Typical mistakes building a budgeting system.

Workshop:

Building a financial model (income and expense plan, indirect cash flow plan and forecast balance).

Income planning technique.

Drawing up a budget for a trading company in the Central Federal District (budget of income and expenses, BDDS by direct method and forecast balance).

Drawing up budgets of production, income and expenses of a manufacturing company.

Analysis of budget execution.

Multilevel analysis of budget variances.

Study of the company's budget regulations (procedures, forms for filling out).

Teaching methodology

The training combines modern theory and practical examples leading companies;
The seminar uses advanced international experience and knowledge of teachers high level with extensive practical experience;
Seminar participants discuss with the teacher questions from their own practice for a better understanding of budgeting techniques at their enterprise;
The seminar is accompanied by special materials and templates for further use by the participants in their work.

Course instructor: Uvarova Alla Alexandrovna. Experience in finance 20 years, including cFO leading russian companies - 8 years.

Course duration:2 days, or 16 academic hours

Time and place: from 9-00 to 16-30.

Moscow, m. "Electrozavodskaya", Rubtsovskaya embankment, house 3, building 1, floor 9

Price: 28,000 rubles.

Discounts and promotions : Discounts are cumulative. If paid in 30 days - 20% discount.

With the participation of two listeners from one company - participation of the third as a gift!

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Download the program of the course "Planning and Budgeting for Financiers" in Word \u003e\u003e\u003e

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Feedback on the seminar:

“I liked the organization and productivity of the seminar, the structured and concise theoretical information. I liked very much practical tasks... Many thanks to you for your professionalism and attention to our problems ", - Natalya Sergeevna Kolesova, Deputy chief of PEO Of the Yakutsk diamond trading enterprise AK ALROSA (OJSC), Yakutsk.

“I liked the clear structure of the seminar for the concept of planning and budgeting, both in general and in individual elements”, - Olga Puchkova, economist, Diana-Trade LLC, Moscow.

“The topic of planning and budgeting has been fully disclosed. It was interesting to independently prepare the forecast profit and loss statement and especially the forecast balance ", - Vladimir Breslavsky, Deputy Director for Economics and Finance, Mnogovershinnoye CJSC, Khabarovsk Territory.

“I liked that in 2 days we gained knowledge that, I hope, will help us to start the budgeting process. Considered specific examples calculations of budgets that can be used in our practice ", - Natalya Bronislavovna Pak, Financial Director, TKF Korpas LLC, Moscow.

“I liked the teaching methodology, the accessible presentation of the material, useful teaching aids, which, I hope, will help in further work. It was interesting to try to prepare the forecast balance independently. The seminar allowed me to study the documents and procedures of the budgetary process, to understand the goals of the budgeting system as a whole in the organization in which I work, ”- Irina Gennadievna Metelkina, fin. controller of LLC "SGM", Moscow.

“Our company is young, the seminar is useful for us with information on organizing budgeting, planning at the stage of formation. The workshop showed that we are on the right track. We will definitely use the knowledge we have gained, ”- Zhukova Olga Valentinovna, deputy. Head of the Financial Department of OJSC "Pilot Production", Moscow.

We are chosen because we are practitioners. You get real knowledge and skills that are tested by experience and confirmed by the result.

Who is the distance course for?

√ Are you an economist, accountant, financial manager or executive

√ You need modern knowledge financial management

√ Do you want to improve your qualifications and reach a new level

√ Do you want get practical skills on budgeting

√ You no free time to attend a seminar

√ You do not live in Moscow and can not come in the educational center

√ Do you want save on training without loss of quality.

What are you getting?

Duration of training - 5 weeks, 2 lessons per week.

√ 10 lessons - about 20 academic hours of video lectures

√ Online communication with the teacher

√ Checking homework

√ Answers to questions, analysis of your situations

√ Self-control tests for material fixing

√ 10 ready-made budget form templates

√ 10 provisions on budgeting

√ Certificate of advanced training in the amount of 40 hours at the end of the course

√ 3000 rubles coupon for online course by financial analysis or management accounting

* Valid for 3 months from the date of purchase

How is the training carried out?

Immediately after payment, you get access to video lessons according to the schedule at the rate of 2 lessons per week. The schedule can be changed at your request. Unlimited viewing for 60 days.
You get your homework - study ready example, or self-calculation according to the template.
You can ask questions using mail service... You will receive answers either by a response letter or in the form of an additional video tutorial.

Upon completion of training, a certificate of advanced training of an economist in the amount of 40 hours is sent (you need to pass online tests, but it's not difficult), or a certificate of completion (no tests).

Who conducts the training?

The Director of the School is Alla Aleksandrovna Uvarova. 20 years of experience in finance, including 8 years as CFO of leading Russian companies.

Training program "Practice of budgeting"

Video lectures

Algorithm for setting goals. Enterprise planning. Motivation system. KPI and Balanced Scorecard (BSC).
The relationship of financial information at the enterprise. DuPont model. The main financial ratios to build a financial model. Construction of the DDS report by the indirect method.
Management Accounting. Necessary analytics. The structure of the company's budget. Budget model. Budgeting technology.
Financial structure. Financial Responsibility Centers. Functional centers... Functions of the head of the Central Federal District.
Top-down and bottom-top controls. How to forecast income.
Examples of income forecasting at enterprises of different industries. The relationship between financial and non-financial indicators.
Procurement budget. Production budget. Planning in kind. Resource restrictions.
Break-even level. Stock financial strength... Operating lever. Project budgeting. Resource planning. Payback period.
Budget execution control. Financial risk management. Analysis of budget execution. Plan fact. Factor analysis. Multilevel analysis.
Budgetary regulations. Budgetary schedule. Selection of programs for automation. Typical mistakes when building a budgeting system.

Hometasks:

Company development forecast. Financial result (Profit and loss statement), financial position (Balance sheet).
Financial model - BDR, Forecast balance, BDDS by the indirect method.
Double entry financial model.
BDDS for the Central Federal District.
Natural and cost indicators when planning income.
Consolidated budget - BDR, BDDS, Forecast balance.
Production budget. Income and expense budget (fragment).
An example of BDR in financial and physical terms.
Break-even calculation. Making a decision to launch a project.
Calculating the budget of two projects and choosing the optimal one.
Plan-fact analysis of budget execution.
Three-level variance analysis.

Standard cost distance learning: 15,000 rubles.

Now there is a special offer - RUB 15,000... Total12,000 rubles.

The second and third courses in this series are even cheaper - RUB 9,000

Present - course "Finance and reporting in an hour" forRUB 3,0000 rub .

Your savings: 6,000 - 12,000 rubles. Profitable proposition!

Register for the promotion \u003e\u003e\u003e

We are chosen because we make learning easy and fun, and this helps participants get the most out of the workshop and enjoy the learning.

“I liked the organization and productivity of the seminar, the structured and concise theoretical information. I liked the practical tasks very much. Many thanks to you for your professionalism and attention to our problems ", - Natalya Sergeevna Kolesova, Deputy Head of the PEO of the Yakutsk diamond trading enterprise of ALROSA (OJSC), Yakutsk.

“I liked the clear structure of the seminar for the concept of planning and budgeting both in general and in individual elements”, - Olga Puchkova, economist, Diana-trade LLC, Moscow.

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We are chosen famous companies, and this proves that our methods work not only for us, but also for our clients. We can be trusted as professionals!

The budgeting course will help you get:

√ Practical system knowledge

√ Ability to apply them at work

√ Improving professionalism

√ Career opportunities

√ Benefits in employment

√ High wages

Don't postpone these opportunities until later. If not now, then when?

Certificate of advanced training of the standard established by the state