Course Overview
Financial Planning and Analysis (FP&A) is designed to provide participants with the skills and knowledge needed to enhance their financial planning, budgeting, and forecasting abilities. The course covers a comprehensive range of topics that are critical to effective FP&A, including strategic planning, financial modeling, data analysis, and performance management. Participants will learn how to use advanced tools and techniques to analyze financial data, develop robust financial plans, and support strategic decision-making processes.
Course Duration
5 Days
Who Should Attend
- Financial Analysts
- Budget Analysts
- Accountants
- Financial Managers
- Business Analysts
- CFOs and Controllers
- Finance professionals looking to advance their FP&A skills
Course Objectives
By the end of this course, participants will:
- Develop and implement effective financial planning and analysis strategies.
- Create and manage comprehensive budgets and forecasts.
- Use financial models to support business decision-making.
- Analyze financial data to identify trends, risks, and opportunities.
- Implement performance management frameworks to drive business performance.
- Communicate financial information effectively to stakeholders.
Course Outline:
Module 1: Introduction to FP&A and Strategic Planning
- Overview of FP&A
- Importance of strategic planning in FP&A
- Aligning financial planning with business strategy
- Setting financial goals and objectives
- Case studies and practical exercises
Module 2: Budgeting and Forecasting
- Principles of effective budgeting
- Types of budgets (operational, capital, cash flow)
- Forecasting techniques and best practices
- Developing rolling forecasts
- Hands-on budget and forecasting exercises
Module 3: Financial Modeling and Analysis
- Introduction to financial modeling
- Building robust financial models
- Scenario analysis and sensitivity analysis
- Using financial models for decision-making
- Practical financial modeling exercises
Module 4: Performance Management and Reporting
- Key performance indicators (KPIs) and metrics
- Implementing performance management frameworks
- Financial reporting and analysis
- Dashboard and report design
- Case studies on performance management
Module 5: Advanced FP&A Techniques and Tools
- Advanced data analysis techniques
- Leveraging technology in FP&A (e.g., Excel, Power BI)
- Integrating FP&A with other business functions
- Best practices and emerging trends in FP&A
