Program Overview
This program aims to provide a comprehensive understanding of FP&A concepts like budgeting and forecasting to the specific challenges and opportunities faced by the automotive manufacturing.
What you’ll learn
- understanding of core FP&A concepts like financial statements, budgeting, forecasting, and capital budgeting techniques
- the fundamentals of finance planning and analysis with an emphasis on leveraging data for better decision-making
- financial reporting, key performance indicators (KPIs), variance analysis, and dashboard creation identify trends, assess financial health, and support strategic initiatives
- Identify trends, assess financial health, and support strategic initiatives
- To predict future financial performance based on historical data and market trends
Features
- 1 Day Online Program
Target audiences
- Financial Analyst
- Business Analyst
- Cost Analyst
- Project Accountant
- Junior & Mid level Managers
Curriculum
- 8 Sections
- 29 Lessons
- 1 Day
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- Hands-On Workshop: Real-Life Scenarios5
- Hands-On Workshop: Real-Life Scenarios5
- Introduction to Financial Planning & Analysis (FP&A)4
- 2.1Definition and role of FP&A
- 2.2Key FP&A processes – budgeting, forecasting, variance analysis, financial modeling.
- 2.3Understanding financial statements – Income statement, balance sheet, cash flow statement
- 2.4Financial ratios relevant to the automotive industry (e.g., inventory turnover, current ratio, debt-to-equity ratio)
- Budgeting & Forecasting for Automotive Manufacturers3
- Cost Management & Profitability Analysis3
- 4.1Cost behavior analysis (fixed cost, variable cost) and its application in automotive manufacturing
- 4.2Techniques for cost reduction and cost control in an automotive environment (e.g., value engineering, lean manufacturing)
- 4.3Profitability analysis – contribution margin, break-even point, cost-volume-profit (CVP) analysis
- Capital Budgeting & Investment Appraisal3
- 5.1Techniques for capital budgeting decisions (e.g., Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period)
- 5.2Risk assessment and consideration of uncertainty in capital budgeting for automotive projects
- 5.3Capital budgeting specific to the automotive industry (e.g., evaluating investments in new production lines, R&D projects)
- Financial Modeling for Automotive Decisions3
- 6.1Building financial models for automotive scenarios (e.g., sales forecasting, production planning, profitability analysis)
- 6.2Using financial modeling tools (e.g., spreadsheets, specialized software) to support financial decision-making
- 6.3Data considerations and limitations in financial modeling for the automotive industry
- Closing Discussion3
Instructor
