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Practical Planning and Budgeting

Business requires many combinations of strategies, of which planning and budgeting play very importance role to estimate future needs and plan profits, spending and overall cash flow.

A budget can greatly enhance your chances of success by helping you identify programmatic objectives that are aligned with the mission and strategic plan, determine the financial resources needed and available to achieve program goals. A budget allows you to perceive problems before they occur and alter your plans to prevent those problems.

To get things done, staff and board members strongly need to involve in the process to improve accuracy of information and commitment to the plan.

What you will benefits?

After completion of this course, participants will be able to:

• Understand overview a plans and planning clearly
• Translate the planning into the budgeting concepts
• Explore keys principle of successful budget process
• Analyze and control budget plan for your business
• Gain the experience of capital investment appraisal in practice
• Implement Real practice of budget plan preparation using Excel Spread Sheet

Course Contents

1. Overview of plans and planning
• Different types of plans and planning
• How important is it?
• Approaches to Planning Process
2. The Basic Concepts of budget and budgeting
• Why is Budget Plan Needed?
• Budget Requirement
• Budget Limitations
3. Budget Preparation Process
• Budgeting Approaches
• Budget implementation
4. Budget reporting and controlling
• Financial Statement Analysis
• Financial Projections Monitoring
• Annual Budget Evaluation (Budget Vs Actual)
5. Capital Investment Analysis (Case Study)
• Developing a capital investment appraisal plan
• Investment Analysis -Payback Period
6. Practical budget plan preparation
• Budget plan process in Excel Spread Sheet
• Loan Portfolio and effective interest rate projection
• Customers' Deposits Projection
• Cash Management Service Projection
• Human Resource Projection
• Capital Expenditure Plan
• Balance Sheet
• Other Revenues Estimation
• Financial Cost Estimation
• Operating Cost Projection
• Cash Flow Projection
• CAMEL

Training Fee

• USD 170 per participant per two-day training course.
• USD 160 per participant per two-day training course for organization sending 3 to 5 participants to the course.
• USD 150 per participant per two-day training course for organization sending 6 participants up to the course.
• This fee includes training venue and materials, refreshments, lunch and certificate.

Payment Condition

There is no charge for any cancellation which is made by the deadline of the registration. Cancellation after deadline of the registration and participants appearing without proper cancellation will be charged the full amount.

Trainers

Mr. PHIN Vanthak, VP & Head of Planning & Finance Department of ACLEDA Training Center

Born in 1980, hold a bachelor's degree in Accounting from Institute of Technology and Management in 2003. From 1999, he attended numerous courses on English Translation and Interpretation, Office Skills, Administration Affairs, Management Training Program for Chief of Branch Accountant, Coaching for Budgeting Preparation and technical support to AVP & Managers of Branch Accountant related to the field of Budgeting, Overview on CAS and CIFRS Workshop, Presentation of Financial Statements and Cambodian Taxation.

He started working for ACLEDA as Accountant in February 2004 and was promoted to Chief of Branch Accountant in 2005. He worked as Staff of Budgeting and Control Unit from February 2009 to July 2011, and then was promoted as Assistant Vice President & Manager of Planning and Finance Unit in August 2011, and he currently holds a position as VP & Head of Planning & Finance Department.

Mr. TUY Sovannara, Senior Faculty of ACLEDA Training Center

Born on 1978, he obtained a Master's Degree of Business Administration (MBA) major in Finance from National University of Management, Cambodia in 2011.He also graduated with a Bachelor of Arts majoring in English for Business Communication (English Based, International Program) from Pannasastra University of Cambodia in 2012. He gained a Bachelor of Economics in Banking and Finance at Norton University, Cambodia in 2000. He has attended numerous short courses on finance and banking, training of trainer, management and leadership which were organized by ACLEDA Bank Plc. since 2000.

He started working for ACLEDA Bank Plc. as a credit officer in 2000 and was promoted as a chief of credit officer in 2001. He moved to work as an Auditor in 2003 and was changed to Accountant at Operation Department, Headquarter, ACLEDA Bank Plc. in 2004. He was promoted as an Assistant Vice President and Manager of Accounting Unit at Trade Finance Division in 2007. He became a Senior Specialist at Trade Finance Division in 2013. He has been assigned as a member of trainer pool of ACLEDA Bank Plc. since 2007 and responsible for delivering training courses on task of accountant, financial and accounting management, financial statement analysis, planning and budgeting, ratio analysis, off- balance sheet entry of trade finance, set up credit line, input loan in bulk into system, and prepared monthly reports to management. He currently holds a position as a Senior Faculty, specialized in finance and accounting at ACLEDA Training Center.

Guest Speaker

Senior Management Team from Finance Division of ACLEDA Bank Plc.