Budgeting Bootcamp – Annual Operating Plan

Creating an Annual Operating Plan is an incredibly important process for a business. This course will teach you how to set up and execute a great budgeting process!

$49.00

Course Objectives

This Budgeting / AOP (Annual Operating Plan) course is designed for finance / FP&A professionals. First, we will cover the basics like what an AOP is and why companies do an annual planning process. Then we will go through how you set-up templates, collect & consolidate information, what is needed for each piece of the budget process (sales planning, cost budget, cap-ex, SG&A, etc). Next, we go through taking all the elements of the AOP and turning into financial statements and a C-suite/Investor level presentation. By the end of the course, you will be able to build a world-class budget & facilitate a full annual planning process.

Some key things you’ll learn:

By the end of this course, you’ll be able to:

Understand what an annual operating plan is and why companies do it.
Identify all the elements of the budgeting process (sales, production, COGS, cap-ex, etc)
Create a budgeting calendar with inputs, owners, and timeline
Set-up the budgeting process for each element of the budget (including templates)
Turn all inputs of the annual operating plan into full financial statements (IS, BS, CF)
What an annual operating plan presentation should look like
Understand critically important steps to run a successful planning process
Create a world-class annual operating plan!

Additional Info

Estimated time to complete: 4 – 5 hours

Field of study: Financial Budgeting

Prerequisites: You should have a basic knowledge of the financial statements and a basic knowledge of Microsoft Excel (vlookup, pivot tables, sum, sumif). If you do not, we recommend taking our “Financial Statement Analysis” course and/or our “Microsoft Excel Bootcamp”

Level: Intermediate