Course Detail(BF164 : Financial Planning & Analysis Methodologies – A Practical Approach)

UTAP Funding

BF164 : Financial Planning & Analysis Methodologies – A Practical Approach

7.00 CPE Hours (Others)
Classroom

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 

 

Programme Objective

The course content has been revised. This course is formerly known as BF135: Public Sector Financial Planning & Analysis Methodologies – A Practical Approach.

FP&A is increasingly important in statutory boards and government agencies, as well as the private sector.  FP&A provides insight and impact on strategic decisions affecting an entity’s top line, bottom line, cash flow, financial position and shareholders’ value. 

It is therefore important to invest more time in FP&A and develop alternate business and financial strategies than spending time in validating data, and preparing rolling budgets and monthly management reports.  More time should be spent analysing the current and future internal business scenarios as well as external developments on the impact on business and financials.

This hands-on workshop equips you with portable FP&A skills based on accounting and finance knowledge, market data and data visualisation using
charts using Microsoft Excel spreadsheet to demonstrate how it works in practice!

Programme Outline


Session 1: Budgeting to Achieve Management Objectives

  • Importance of Budget Marksmanship given resources constraint
  • Various budgeting approaches - Zero-Based Budgeting, Incremental Budgeting, Probability-Adjusted Budgeting, Scenario Budgeting
  • Analysis of Operating Cashflow, Investing Cashflow and Financing Cashflows
  • Estimate revenue, expenses and resources required to execute business plans

Session 2: Hands-on Exercise to Develop an Annual Budget

  • Develop Annual Budget for next financial year based on the last 5 years’ historical information, covering:
    • Art of normalising cashflows
    • Time-series analysis on financial statements
    • Analysis of Revenue Structure, Expense Structure and Capital Structure
    • Probability adjustments to budgets
    • Business and financial assumptions for Base Case
    • SWOT analysis on achievability of Management Objectives

Session 3: Long-Term Forecasting for Strategic Decisions

  • Concept of Free Cash Flows
  • Long-term Financial Planning Process – role of Business Units, Treasury, Finance and Stakeholders
  • Continuing from above, develop business and financial assumptions for 5-year Forecast (Base Case, Best Case and Worst Case)
  • Strategic review of 5-year plan:
    • Operational decisions e.g., pricing strategy, best-sourcing, headcount cut, salary freeze
    • Investment decisions e.g., deployment of idle cash, cash war-chest, capital expenditure
    • Financing decisions e.g., debt maturity profile, access to money market versus capital markets, debt management/refinancing, risk management
    • Market conditions  e.g., interest rate, foreign exchange rates
    • Key success factors, drivers and controllability           

Session 4: Hands-on Exercise to Develop 5-Year Forecast & Financial Analysis

  • Continuing from above, develop the 5-year Forecast (Base Case, Base Case and Worst Case)
  • Cost-benefit analysis of major Operational, Investment and Financing decisions e.g., investment of surplus funds, bond issue, financial requirements to execute future sales strategy
  • Review of liquidity, profitability, sustainability, long-term viability and bankability
  • Key Financial Indicators:
    • Liquidity
    • Profitability, Growth and Quality of Earnings
    • Operational Efficiency
    • DuPont analysis
    • Leverage and Coverage
    • Valuation
    • Bankability
  • What are the limitations of these financial indicators?

Note: Cash accounting is out-of-scope in this workshop.

Training Methodology

Live Webinar style with interactive case studies, open discussions and hands-on activities using Microsoft Excel.

  • Develop Annual Budget
  • Develop 5-year Forecast & Financial Analysis

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This workshop is designed for accounting and finance professionals who manage budgeting, financial planning/analysis and treasury, as well as credit and business analysis, auditors and anyone who wishes to upskill for career development.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

14 Jul 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 406.57
For Non-Members: $ 485.05

Programme Facilitator(s)

Dr. TAN Teck Keong Patrick

Venue

60 Cecil Street
ISCA House
Singapore 049709

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

To find out more on the UTAP funding and support validity period please click here.

Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)



Dr. TAN Teck Keong Patrick

 

Dr. TAN Teck Keong Patrick is a Fellow Chartered Accountant (FCA) with the Institute of Singapore Chartered Accountants (ISCA). He graduated from the National University of Singapore (NUS) with a Bachelor of Accountancy and Master of Business Administration. He has been awarded the Doctorate of Business Administration from the Singapore University of Social Sciences (SUSS) for his dissertation on Environmental, Social and Governance (ESG) in Investing.

Other qualifications: Chief Financial Officer (CFO) Certification Program by The City University of New York, Chartered Financial Consultant (ChFC), Myers-Briggs Type Indicator® (MBTI®), Strong Interest Inventory®, Advanced Certificate for Training and Assessment (ACTA), Distinguished Toastmasters (DTM), Advanced Certificate for Career Development and Facilitation (ACCDF), and Independent Associate for Hofstede Culture In The Workplace Certification.

Currently, he is a Senior Specialist and Associate Faculty at SUSS.  He teaches accountancy, finance, strategy and industry-based courses for undergraduates, Master of Management programme and working professionals.

His contributions to the Accountancy profession includes his appointment as Principal and Mentor for SUSS Accredited Training Organisation (ATO) accreditation, served at ISCA’s Information Technology Services Advisory Panel and ISCA Accountants Journal Advisory Panel, Trainer @ ISCA, and Marker for ISCA Chartered Accountant Pathway Examination.

Attendees will greatly benefit from his more than 35 years' experience, holding appointments of CFO, Group Chief Investment Officer, Investment Director, Head of Corporate Finance, Head of Management Accounting, Treasurer and Educator.

His specialisations: Treasury, financing, investment, IPOs, corporate restructuring, M&A, financial accounting, management reporting, strategic finance, financial operations, compliance and risk management.

His sectors coverage: Financial Markets, Consultancy, Education, Info-communications, Leisure, Property, Shipping, Transport and Utilities.

To reduce the environmental impact and contribute to sustainability efforts, ISCA will contribute our part by eliminating the printing of course materials for selected courses with effect from 2023.

Tips: To make your paperless learning experience more enjoyable, you may bring along a digital device such as a Windows based laptops or tablets to read your online materials during the class. QR code will be provided in the class for you to download the materials in PDF.

Join us and be a Difference Maker!

 

 

Programme Objective

The course content has been revised. This course is formerly known as BF135: Public Sector Financial Planning & Analysis Methodologies – A Practical Approach.

FP&A is increasingly important in statutory boards and government agencies, as well as the private sector.  FP&A provides insight and impact on strategic decisions affecting an entity’s top line, bottom line, cash flow, financial position and shareholders’ value. 

It is therefore important to invest more time in FP&A and develop alternate business and financial strategies than spending time in validating data, and preparing rolling budgets and monthly management reports.  More time should be spent analysing the current and future internal business scenarios as well as external developments on the impact on business and financials.

This hands-on workshop equips you with portable FP&A skills based on accounting and finance knowledge, market data and data visualisation using
charts using Microsoft Excel spreadsheet to demonstrate how it works in practice!

Programme Outline


Session 1: Budgeting to Achieve Management Objectives

  • Importance of Budget Marksmanship given resources constraint
  • Various budgeting approaches - Zero-Based Budgeting, Incremental Budgeting, Probability-Adjusted Budgeting, Scenario Budgeting
  • Analysis of Operating Cashflow, Investing Cashflow and Financing Cashflows
  • Estimate revenue, expenses and resources required to execute business plans

Session 2: Hands-on Exercise to Develop an Annual Budget

  • Develop Annual Budget for next financial year based on the last 5 years’ historical information, covering:
    • Art of normalising cashflows
    • Time-series analysis on financial statements
    • Analysis of Revenue Structure, Expense Structure and Capital Structure
    • Probability adjustments to budgets
    • Business and financial assumptions for Base Case
    • SWOT analysis on achievability of Management Objectives

Session 3: Long-Term Forecasting for Strategic Decisions

  • Concept of Free Cash Flows
  • Long-term Financial Planning Process – role of Business Units, Treasury, Finance and Stakeholders
  • Continuing from above, develop business and financial assumptions for 5-year Forecast (Base Case, Best Case and Worst Case)
  • Strategic review of 5-year plan:
    • Operational decisions e.g., pricing strategy, best-sourcing, headcount cut, salary freeze
    • Investment decisions e.g., deployment of idle cash, cash war-chest, capital expenditure
    • Financing decisions e.g., debt maturity profile, access to money market versus capital markets, debt management/refinancing, risk management
    • Market conditions  e.g., interest rate, foreign exchange rates
    • Key success factors, drivers and controllability           

Session 4: Hands-on Exercise to Develop 5-Year Forecast & Financial Analysis

  • Continuing from above, develop the 5-year Forecast (Base Case, Base Case and Worst Case)
  • Cost-benefit analysis of major Operational, Investment and Financing decisions e.g., investment of surplus funds, bond issue, financial requirements to execute future sales strategy
  • Review of liquidity, profitability, sustainability, long-term viability and bankability
  • Key Financial Indicators:
    • Liquidity
    • Profitability, Growth and Quality of Earnings
    • Operational Efficiency
    • DuPont analysis
    • Leverage and Coverage
    • Valuation
    • Bankability
  • What are the limitations of these financial indicators?

Note: Cash accounting is out-of-scope in this workshop.

Training Methodology

Live Webinar style with interactive case studies, open discussions and hands-on activities using Microsoft Excel.

  • Develop Annual Budget
  • Develop 5-year Forecast & Financial Analysis

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

This workshop is designed for accounting and finance professionals who manage budgeting, financial planning/analysis and treasury, as well as credit and business analysis, auditors and anyone who wishes to upskill for career development.

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)


Dr. TAN Teck Keong Patrick

 

Dr. TAN Teck Keong Patrick is a Fellow Chartered Accountant (FCA) with the Institute of Singapore Chartered Accountants (ISCA). He graduated from the National University of Singapore (NUS) with a Bachelor of Accountancy and Master of Business Administration. He has been awarded the Doctorate of Business Administration from the Singapore University of Social Sciences (SUSS) for his dissertation on Environmental, Social and Governance (ESG) in Investing.

Other qualifications: Chief Financial Officer (CFO) Certification Program by The City University of New York, Chartered Financial Consultant (ChFC), Myers-Briggs Type Indicator® (MBTI®), Strong Interest Inventory®, Advanced Certificate for Training and Assessment (ACTA), Distinguished Toastmasters (DTM), Advanced Certificate for Career Development and Facilitation (ACCDF), and Independent Associate for Hofstede Culture In The Workplace Certification.

Currently, he is a Senior Specialist and Associate Faculty at SUSS.  He teaches accountancy, finance, strategy and industry-based courses for undergraduates, Master of Management programme and working professionals.

His contributions to the Accountancy profession includes his appointment as Principal and Mentor for SUSS Accredited Training Organisation (ATO) accreditation, served at ISCA’s Information Technology Services Advisory Panel and ISCA Accountants Journal Advisory Panel, Trainer @ ISCA, and Marker for ISCA Chartered Accountant Pathway Examination.

Attendees will greatly benefit from his more than 35 years' experience, holding appointments of CFO, Group Chief Investment Officer, Investment Director, Head of Corporate Finance, Head of Management Accounting, Treasurer and Educator.

His specialisations: Treasury, financing, investment, IPOs, corporate restructuring, M&A, financial accounting, management reporting, strategic finance, financial operations, compliance and risk management.

His sectors coverage: Financial Markets, Consultancy, Education, Info-communications, Leisure, Property, Shipping, Transport and Utilities.


Upcoming Schedule

Date & Time

14 Jul 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)


SGD pricing -

For Members: $ 406.57
For Non-Members: $ 485.05


Programme Facilitator(s)

Dr. TAN Teck Keong Patrick

Venue

60 Cecil Street
ISCA House
Singapore 049709