Advance FP&A and Financial Modeling

Description:

The Certified Expert in Financial Planning and Analysis (CEFPA) course is designed for finance professionals seeking to enhance their skills in financial planning, budgeting, forecasting, variance analysis, and financial modeling. It provides comprehensive insights into the key functions of FP&A and hands-on exercises to apply these concepts effectively.

Additional Files:

• Excel Solved and Practice files

• PDF ready reckoner

Topics Covered

Module 1: Introduction to FP&A

• Understanding FP&A

• Definition, role, and objectives of FP&A

• Key Terminologies: Glossary of essential FP&A terms (e.g., budget, forecast, variance, driver-based planning)

• Detailed overview of FP&A functions (planning, budgeting, forecasting, analysis, reporting)

• The FP&A Calendar

Module 2: Planning and Budgeting

• Strategic Planning: Developing strategic financial plans

• Annual Operating Plan: Key components of an AOP

• Budgeting Fundamentals: Budgeting process, cycle, and KPIs

• Budgeting techniques and approaches (zero-based, incremental, activity-based)

• Practical budgeting exercises

• Forecasting: Forecasting process and key inputs

• Rolling forecasts and their benefits

• Practical forecasting exercises

Module 3: Variance Analysis

• Variance Analysis Process: Identifying and analyzing deviations from plan

• Types of Variance Analysis

• Practical Variance Analysis Assignments

• Hands-on exercises to apply variance analysis concepts

Module 4: Reporting and Communication

• FP&A Reporting: Common FP&A reports

• Dashboard design and development

• FP&A Tools and Technology

• Management Reporting: Budget vs. actual reporting

• Cash flow forecasting and flash reports

• Reporting Exercises and Assignments: Practical application of reporting skills

Module 5: Financial Modeling

• Building 3 Statement Model

• What If Analysis

• Financial Modeling Exercise

• Project Evaluation Tools: NPV, IRR and Payback period

• Discounted Cash Flow

• Financial Modeling Exercise

• Assignment

Training Objectives

• Gain a deep understanding of the role, objectives, and key functions of FP&A within an organization. 

• Develop expertise in strategic planning, annual operating planning, and budgeting processes. 

• Master various budgeting techniques, including zero-based, incremental, and activity-based budgeting. 

• Develop proficiency in forecasting methodologies, including rolling forecasts.

• Learn to apply project evaluation tools such as NPV, IRR, and payback period in financial decision-making.

• Develop skills in preparing various management reports, including budget vs. actual reports and cash flow forecasts.

• Develop the necessary skills and knowledge to excel in FP&A roles within diverse industries. 

• Enhance professional credibility and increase career prospects. 

• Gain a competitive edge in the job market by acquiring in-demand FP&A skills.

Who Can Attend:

This course is designed for individuals with:

• Little to no prior knowledge of FP&A

• Keen interest in learning about Financial Planning & Analysis

• Basic familiarity with Microsoft Excel

• No prior accounting background required