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! Participants are required to bring along their calculator and laptop for hands-on exercises.Programme ObjectiveThe role of accounting & finance is fast expanding into one of business partnership with other departments in an organisation. This workshop provides both insight into the business planning process (which is necessary for effective financial planning and budgeting) and key pointers in the budgeting process itself. By the end of this workshop, you will:Understand how longer-term business planning is doneBe equipped with a practical framework to structure a Business Plan that is easy to read and understand, be it a business-development or process improvement planKnow the key points and pitfalls to watch for when assessing or approving Business PlansKnow how to quantify the payoffs and funding needsKnow how to incorporate risks into the plansKnow how to do budgeting effectively
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!
Participants are required to bring along their calculator and laptop for hands-on exercises.Programme ObjectiveThe role of accounting & finance is fast expanding into one of business partnership with other departments in an organisation. This workshop provides both insight into the business planning process (which is necessary for effective financial planning and budgeting) and key pointers in the budgeting process itself. By the end of this workshop, you will:
PART I: Business PlanningBusiness Planning framework In context of Strategic Planning Relationship between Business Plans, Financial Plans & Budgets Strategic Planning process Analysis of external & internal environmentChoosing strategies – Relevance of Business Plans Implementation – Relevance of BudgetsStructuring an effective Business Plan Why Business Plans fail to get attention Key components of a Business Plan Use of the Executive SummaryIdentifying key action strategy Key pointers in Marketing Plan, Operations Plan, Management Plan, Financial Plan Inter-dependency of various plans Financial Plan: The payoff Payback period Net Present Value Internal Rate of Return Financial Plan: Funding requirements Identifying amount of funds neededDeciding on level of buffer cash reserveIdentifying & quantifying risks Identifying risksBuilding risks into business planUse of Breakeven and Sensitivity AnalysisMapping out implementation of Business PlanSetting milestonesImportance of change managementPART II: BudgetingBudgeting at corporate level Quantifying corporate objective Use of budgets Inter-dependency of budgets Roles of finance & non-finance managers in budgeting Differing budgeting methods and their pros & cons Selecting suitable methods for different types of budgets Budgeting at department or team level Identifying & quantifying costs Identifying & quantifying revenue Checklist for budget preparation Pre-requisites for effective budgeting Impact on cash flow management Relevance of cash flow forecastImpact of budgets on cash flow managementTraining MethodologyLecturesExercisesCase studiesSharing of real experiencesClosing Date for Registration1 week before programme or until full enrolment
PART I: Business Planning
PART II: Budgeting
Training Methodology
Lectures
Exercises
Case studies
Sharing of real experiences
Closing Date for Registration1 week before programme or until full enrolment
Financial Controllers, Finance Managers and Accountants who review business plans &/or budgets •Business Managers who develop business plans &/or providing inputs into budgets •Entrepreneurs who need to know how to do business planning and financial planning •Financiers who need to assess the feasibility of business plans furnished by client
Others = 14.00 Hours
08 Jul 2025 (9:00 AM - 5:00 PM)09 Jul 2025 (9:00 AM - 5:00 PM)
For Members: $ 779.35 For Non-Members: $ 925.41
60 Cecil StreetISCA HouseSingapore 049709
You are about to leave ISCA eServices Portal and the registration link will be opened in a new tab. Do you wish to continue?
This course has been added successfully
Declaration to be provided by CPE
This Course is Intended for CA Singapore Users..
If you have an account with us, please sign-in first. If you do not have an account with us, create one now for free.
Do you wish to apply for SFC funding? (Singapore Citizenship Only)
09 Dec 2024 - 09 Dec 2024