Corporate Financial Planning, Budgeting & Control

COURSE DURATION 5 DAYS

Date: 16^th to 20^th March 2026

The Corporate Financial Planning, Budgeting & Control Course represents expertise in the systematic management of a company’s financial resources. It encompasses the formulation of a financial plan that aligns with business strategy, preparing budgets to guide business operations, and implementing control mechanisms to monitor financial performance. Organizations employ these practices to ensure fiscal discipline, optimize Resource allocation, and achieve financial goals. Mastery in these areas aids in anticipating future financial challenges, making informed Investment decisions, and safeguarding the company’s financial health, which is crucial for both short-term functionality and long-term growth and sustainability.

Who should Attend?

This ALARDI Africa training course is suitable for:

• Non-financial and Financial Personnel
• Financial Decision-makers
• Professionals acting upon the financial decisions of others
• Analysts
• Managers involved in planning and decision-making
• Financial Planner
• Individuals with basic financial knowledge.
• All individuals with ambitions to work in finance-related fields.
• Junior Managers involved in risk management
• Managers and those with financial responsibilities

Training Methodology

This Corporate Financial Planning, Budgeting & Control training course is based on practical case studies that require participants/ delegates to develop and manage a strategic corporate financial plan. As a result, it is highly participative with extensive use of practical examples, case studies, exercises and discussion sessions to ensure the development of transferable skills as well as knowledge and understanding. It will enable participants to make and justify finance decisions, prepare and manage budgets, minimise risk and evaluate performance.

Course Outline

Day 1. Corporate Financial Planning

• Strategic Planning
• The Objective of the Firm – Meeting Shareholder & Stakeholder Objectives
• Agency Theory – The Relationship between Shareholders & Management
• Creative Accounting and the Case of Enron
• Financial Management & Financial Planning – The Scope, Role & Responsibilities of Financial Management
• Preparing a Financial Plan – The Master Budget
• Forecasting Future Cash-flows and Financial Modelling
• Time Series Analysis, Correlation & Regression

Day 2. Financing the Plan

• Sources of Finance – Long Term & Short Term
• Evaluation of the Types of Finance – Equity vs. Debt Finance
• Hybrid Finance & Financial Engineering
• The Dividend Decision
• The Cost of Capital and Weighted Average Cost of Capital (WACC)
• Capital Asset Pricing Model (CAPM)
• Accounting Rate of Return (ARR)
• Net Present Value (NPV), Internal Rate of Return (IRR), Capital Rationing & Payback

Day 3. Preparing & Managing Budgets to Support the Financial Plans

• Definition of Budgets, the Budgetary Process and Budgetary Control
• Types of Budgets: Fixed, Flexible, Incremental and Zero-Based
• The Purpose / Benefits & Problems / Limitations of Budgets
• Setting / Implementing Effective Budgets – Eliminating the Problems
• Responsibility Accounting and Absorption Costing
• Activity-Based Budgeting / Costing (ABB, ABC)
• Variance Analysis, Cost Behaviour, Break-Even Analysis & Sensitivity / What If Analysis
• What-If Analysis combined with Du-Pont Analysis

Day 4. Managing and Controlling Cash Flow to Support the Financial Plan

• Cash vs. Profit & The Cash Conversion Cycle
• Calculating and Managing the Cash flow Cycle
• Cash Flow Ratios
• Working Capital
• The Cost of Maintaining Working Capital
• Maintaining the Optimum Level of Working Capital
• Working Investment Ratios
• Preparing a Monthly Cash Flow Forecast

Day 5. Managing Financial Risk

• Risk Management & Types of Risk
• Identifying Risk – SWOT Analysis
• The Major Quantitative & Qualitative Risks Facing Companies
• Establishing a Risk Management Strategy
• Financial Risk Management & Hedging Techniques
• Managing Exchange Rate & Interest Rate Risk
• Derivatives-Forwards, Futures, Options & Swaps
• Risk Management Glossary of Terms
• Training Evaluation and Course Closure

Certificate

• On successful completion of this training course, the ALARDI Africa Certificate will be issued to the participants.

Venue:

Uganda-Kampala                              Cost USD 2100

Kenya-Nairobi                                   Cost USD 1800

DRC-Kinshasa                                    Cost USD 2000

Date: 16^th to 20^th March 2026