Day 1:
Foundations of FP&A
Overview of FP&A: Definition, scope, and significance in modern business.
Key components of financial statements and their interrelationships.
Introduction to budgeting frameworks and best practices.
Tools and technologies transforming FP&A workflows.
Day 2:
Budgeting and Forecasting Techniques
Step-by-step guide to creating zero-based budgets.
Rolling forecasts vs. static budgets: Pros and cons.
Leveraging Excel for advanced financial modeling.
Case study: Building a three-year financial forecast.
Day 3:
Performance Measurement and Variance Analysis
Understanding KPIs and their role in performance evaluation.
Conducting variance analysis to identify deviations and root causes.
Linking operational metrics to financial outcomes.
Group exercise: Diagnosing variances in a simulated business scenario.
Day 4:
Risk Management and Scenario Planning
Identifying and quantifying financial risks in uncertain environments.
Developing contingency plans through scenario analysis.
Sensitivity analysis techniques to assess impact variables.
Real-world example: Navigating supply chain disruptions during a pandemic.
Day 5:
Strategic Reporting and Communication
Crafting impactful financial dashboards and visualizations.
Communicating complex financial data to non-technical audiences.
Integrating ESG considerations into financial strategy.
Final project: Presenting a comprehensive FP&A report to peers and instructors.
