4.52 (5288 reviews)
☑ Prepare a Company's Budget from Scratch
☑ Learn to differentiate between Top-Down and Bottom-up Techniques
☑ Prepare the Revenue Budget of a Company
☑ Project a Company's Planned Level of Production
☑ Calculate Net Cash Flow
☑ Project Various Types of Expenditures
☑ Estimate Working Capital Needs
☑ Carry out a Fixed Asset Rollforward
☑ Build an Integrated Financial Model
☑ Learn to Build Financial Statements in Excel
Looking to boost your income as a financial analyst?
Willing to acquire valuable skills that will set you aside from the competition?
You’ve come to the right place!
Financial Planning & Analysis: Building a Company’s Budget from Scratch guides you through the core principles of Financial Planning and helps you to understand how a company prepares its budget. The video lessons touch on several technical topics such as revenue forecasting, cost planning, working capital development, fixed assets roll-forward, and cash flow calculation. Besides that, we will discuss why firms need budgets, which are the financial statements that a company uses to create its budget, what types of budgets are there, which are the main techniques used in financial planning, who is involved in the preparation of a budget, and who is interested in the final numbers that are signed-off in the budget. Specializing in these topics will turn you into a valuable, indispensable member of any company’s Finance team.
Antoniya is a Finance Manager with more than 10 years of experience in FP&A teams. She is the right teacher for you because she understands how to explain a complicated topic in an easy to comprehend way. She is passionate about teaching and will always be available to answer your questions.
This course shows it all, with no steps skipped. The lessons are easy, time-efficient, and well structured. We have used a number of teaching methods! Video lectures, Theory, Real business Examples, Animations, Quiz Questions, Case Studies, a Course Challenge ... you name it!
Why should you learn about FP&A and Budgeting?
One of the most important activities in Corporate Finance
A key topic in interviews, especially when hiring people with a few years of experience
Budgeting is great for networking – you communicate with some of the most important individuals within a company
Salary. FP&A specialists enjoy a very well-paid career
Promotions. Financial Planning Analysts acquire valuable technical skills and are well-known throughout the organization, which makes them the leading candidates for senior roles
Growth. Forecasting what will occur in the future is always interesting and full of surprises
Here comes the fun part!
We have a challenge for you! After each major block you have covered, you will be asked to solve a challenge. You will:
Predict a company’s sales
Create a budget for the costs that will support the expected level of sales
Work on a Production Budget
Calculate expected Net Cash Flows
Prepare a budgeted Income Statement and Balance Sheet
Sounds interesting, right?
At the end of the challenge, you will send us the work that you’ve done, and we will send back personalized feedback to you. This makes for an interactive student experience that optimizes what you will learn from the course.
The students who complete the task will participate in our monthly Amazon Gift Card lottery with the chance of winning a $10 gift card, rewarding them for their engagement.
What makes this course different from the rest of the Finance courses that are out there?
High quality of production – Full HD video and animations (This isn’t a collection of boring lectures!)
Knowledgeable instructor (experience working for companies like 3M and Coca-Cola)
Specialized training – the only course that covers this topic on Udemy
Extensive Case Studies that will help you reinforce everything you’ve learned
Course Challenge: Solve our Course Challenge and make this course an interactive experience
Excellent support: If you don’t understand a concept, or you simply want to drop us a line, you’ll receive an answer within 1 business day
Dynamic: We don’t want to waste your time! The instructor keeps up a very good pace throughout the whole course.
Please don’t forget that the course comes with Udemy’s 30-day, unconditional money-back-in-full guarantee. And why not give such a guarantee, when we are convinced that the course will provide a ton of value for you?
Click the 'Buy now' button to get access to the course and boost your career!
Course Introduction. What does the course cover + 2 free gifts
Getting Started with Financial Planning
What is a budget and why do we need it? Planning to save some money?
The Accounting Framework
The three financial statements that are the back bone of any company's budget
How much money did the company make? The Income Statement
The Balance Sheet: A snapshot of a company's financial position
The Accounting Framework
Essential Mechanics of the Forecasting Process
How do we forecast a company's financials?
Who is involved in the preparation of a Budget? (example: Nike)
How do we use a Budget once it has been prepared? (Static vs Flexible budgeting)
Completing 33% of the course
What is the difference between a 12-month and a 10-year forecast?
What is a Master Budget and how is It created?
Time for a Case Study: Henry's Hats
Let's start selling summer hats!
Essential Mechanics of Forecasting
Bottom-Up Forecasting - Theory
Bottom-Up Forecasting in Practice
Completing 50% of the course
Calculating Henry's Hats expected revenues
How Much Does It Cost to Produce the Goods that Henry's Hats Sells?
Cost of Goods Sold: An Introduction
Production planning: how Production forecasting makes life easier
Forecasting costs for Direct Materials and Direct Labour
Henry's Hats Overhead expenditure
Cost of Goods Sold: Recap
Forecasting Selling, General & Administrative expenses
Forecasting Selling, General & Administrative expenses
Forecasting Balance Sheet Items
Calculating Working Capital Days
Forecasting the development of Trade Receivables, Trade Payables, and Inventory
Fixed Asset Rollforward: The importance of Capex planning
Completing Henry's Hats Budget
Putting together an Income Statement for the forecast period
Producing a Balance Sheet for the forecast period
Calculating Cash Flow and building an integrated financial model
Course Challenge - 99 Agency
Completing 100% of the course
This course has helped me a lot to learn how to prepare my company budget. The detailed explanation and formulas are very helpful.
It's only just the beginning but I think it's a great starter course for someone not from a Finance and Accounting background.
This course is good and useful for me, especially in my role as a financial planner. The course content is quite simpel, clear and easy to understand. Looking forward to join another course in 365.
Really good course. Cam be bit more detailed on concepts. I think 1.5 hours mentioned in the certificate is not at all needed.
Very interesting and informative. I like the way the lectures are structured the style is simple, yet content very rich.
this course was great, learnt every fundamental in financial planning, looking forward to applying this into my work, thanks!
The course is great and well thought out. it explains very well the material on budgeting and forcasting without any unnecessary chaff, very well, straight to the point.
Excellent course for those who have little or no knowledge about financail plannning, I liked the way in which the instructor prepared the course, very simple, straight to the point. it is the best course i have attended about this topic.
I have completed 50% of the course so far. My experience has been really positive; the instructor has given clear explanations and has guided me through the process really well. The dynamics surrounding the theory of processes and procedures were outlined in an engaging way and there was a comfortable transition into the practice.
oui, le contenu est conforme au titre. Seulement je le trouve peu applicable aux entreprises de service en ligne, ce que je souhaitais.
It was definitely a great experience getting to know about how a company prepares it's budget. Would like to register for new courses on Udemy soon.
It is what I expected plus more. If you are used to doing budgets for your company, this is a great refresher that will help to connect lots of dots together!
Yes it was good, but only basic knowledge. i bought it for 899/-, which seemed to be expensive. For a beginner, this is a good course.
There was too much talking in the first third of the course. After that got better (more math involved). Still kept on very low level of complexity.
yes, this is a good match for me, I am being put into a team of financial planning and analysis. Although I have extenstive background in IT and backkground in family budgeting and high level knowledge of company budgets, need to understand the nitty gritty low level stuff