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Recorded webinar | ACCA

Advanced budgeting, planning and forecasting

This course explores budgetary and forecast challenges and introduces advanced planning techniques and modern budgetary methods

Overview

Person in office looking at pc screen

Economic uncertainty, rapid technological changes, shifting trends, and fierce competition create a challenging business environment. Traditional planning, budgeting, and forecasting processes often struggle to cope, leading to frequent reforecasting and revisions.

This course delves into the root causes of budgetary and forecasting challenges and presents advanced planning techniques and innovative budgetary processes tailored to meet today's demands.

By attending, you'll gain insights into the pressures on planning, budgeting, and forecasting, and learn about alternative processes and techniques that enhance transparency and predictive capability. These approaches aim to better align the budget, business plan, and strategy.

This course is suitable for finance directors, senior finance and management personnel, and staff involved in business planning.

  • Planning for uncertainties and instabilities in the business environment
  • Taking account of what’s not in our control: external macroeconomic and political impacts and competition
  • Development of robust planning frameworks
  • Substituting science for guesswork - statistical and non-statistical techniques to improve forecast and planning accuracy
  • Difficulties we encounter in budgeting: management disaffection, lack of transparency, constant reforecasting and forecast error.
  • Alternatives approaches – scenario planning, rolling forecasts, driver-based, activity-based and output budgets

John McKenzie

John has held a variety of roles in F&A, manufacturing, sales, marketing & business development, with 21 years in the automotive sector with Ford & Unipart, then 12 years in the IT sector with Armstrong Laing & SAS.

He now pursues freelance lecturing, consulting and writing. In 2008, his first book, ABC/M to the Max, was published and he has spoken at over 500 public conferences and seminars worldwide.

He has lectured for the Management Centre of Europe and currently lectures, as an acknowledged subject matter expert, for major accounting bodies both the UK and abroad, on business planning, budgeting and forecasting, strategic accounting, strategic planning, ABC/M, margin management, change management, cost management, shareholder value and performance measurement.

Among the many clients he has worked for are the World Bank, DHL, Barclays, Oracle, Cisco, British Airways, UBM, Mercer HR, Tetrapak and Pfizer.

This event was recorded on 24 April 2025

Upon completing registration, you will gain exclusive access to this recorded event for up to 12 months. Additionally, course handout materials will be available for download from your document library at https://events.accaglobal.com

Price

Price (excluding VAT) 269 GBP

Location

United Kingdom

Date & time

On demand

Enquiries

Email enquiries UKCL@accaglobal.com

Course provider

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