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Budgeting, Planning & Financial Reporting Masterclass

An Interactive 10-Day Training Course

Budgeting, Planning & Financial Reporting Masterclass

Master the Tools for Planning and Managing Organisational Excellence

NASBA
Classroom Schedule
Date Venue Fees
11 - 22 May 2026 London $ 11,900
18 - 29 May 2026 Dubai $ 11,900
13 - 24 Jul 2026 Amsterdam $ 11,900
17 - 28 Aug 2026 London $ 11,900
26 Oct - 06 Nov 2026 London $ 11,900
07 - 18 Dec 2026 Dubai $ 11,900
28 Dec - 08 Jan 2027 London $ 11,900
25 Jan - 05 Feb 2027 Dubai $ 11,900

Course Summary

This Budgeting, Planning & Financial Reporting training course focuses on the essential elements organisations must understand to attain operational excellence and create real business value. It addresses strategic and tactical forecasting and planning processes, cost analysis techniques for effective cost management, and comprehensive financial reporting practices under the IFRS framework. Participants will deepen their ability to use budgets and reports to execute, control, and adapt strategy while responding to evolving business challenges.

The training course further develops skills in designing management reports, dashboards, and presentations that support informed decision-making and organisational control. Emphasis is placed on applying sophisticated budgeting, planning, and financial reporting tools to enhance strategic performance and governance. The Budgeting, Planning & Financial Reporting training course prepares professionals to lead budgeting and reporting functions with confidence and precision.

Skills & Competencies

From this Budgeting, Planning & Financial Reporting training course, participants will develop the following key skills and competencies:

  • Strategic budget planning and execution
  • Cost analysis and control techniques
  • Financial reporting under IFRS proficiency
  • Management dashboard and report design
  • Integrated decision-support skills
  • Performance planning capability

Modules

This training course is split into the following modules:

Module I - Budgeting, Planning & Management Reporting

Module II - Financial Accounting & Reporting

Key Learning Outcomes

At the end of Budgeting, Planning & Financial Reporting training course, you will learn to:

  • Use budgets to manage strategic execution.
  • Employ up-to-date techniques in cost analysis and control.
  • Prepare and present effective financial reports.
  • Combine financial and non-financial KPIs in management dashboards.
  • Apply planning and reporting tools to improve decision-making.

How You Will Learn

Participants will engage with structured analysis, examples, and practical applications of budgeting, planning, and financial reporting techniques. The training course emphasises hands-on use of frameworks and tools that strengthen financial planning capabilities within organisational contexts. Learners explore methodologies for designing integrated reports and performance dashboards that support strategic objectives.

Who should Attend?

This training course is designed for professionals involved in budgeting, planning, financial reporting, and performance management in both the private and public sectors.

This Budgeting, Planning & Financial Reporting training course is suitable to a wide range of professionals but will greatly benefit:

  • Budgeting and planning teams
  • Cost analysts
  • Head office financial staff
  • Financial forecasting teams
  • Reporting professionals
  • Investment analysts
Course Outline

Module I: Budgeting, Planning & Management Reporting

Day 1

Planning Strategy and Corporate Governance

This day introduces planning strategies and their impact on budgeting and reporting. Participants explore strategic analysis, governance, and the role of budgeting in business planning. The topics covered will include:  

  • What are planning strategies?
  • Strategy analysis, choice & implementation
  • The role of strategy maps in defining the business
  • Effective and less effective management reporting practice
  • The agency problem and corporate governance
  • Planning requirements and the importance of working capital
Day 2

Forecasting Techniques for Budgeting

This day focuses on techniques used to forecast financial data and plan budgets accurately. Participants learn quantitative tools and regression methods to analyse historical data effectively. The topics covered will include:  

  • Determine the purpose and objective of the forecast
  • Statistical analytical tools
  • Quantitative analysis and forecasting
  • Forecasting techniques
  • Agency problems in forecasting- solutions
  • Causal analysis models – regression analysis
  • Using Excel ® to analyse historical data
Day 3

Budgets, Costs and Budgetary Control

This day develops knowledge of budgeting purposes, cost classification, and budget control tools. Participants explore cost behaviour, CVP analysis, and standard costing mechanisms. The topics covered will include:  

  • Why do we budget? – the purposes of budgeting
  • Planning and control
  • Putting the budget together
  • Cost behaviour and classification
  • Cost / volume /profit (CVP) and ‘what-if’ analysis
  • Standard costing
  • Flexed budgets
  • Variance analysis and the reasons for variances
Day 4

Activity Based Costing & Activity Based Budgeting

This day examines activity-based costing and budgeting frameworks to support cost management and budgeting refinement. Participants evaluate cost drivers, cost hierarchies, and the behavioural aspects of budgeting. The topics covered will include:  

  • Activity based costing (ABC)
  • Refinement of the costing system
  • ABC and cost management
  • The cost hierarchy and cost drivers
  • Advantages and disadvantages of ABC systems
  • From traditional budgeting to activity based budgeting (ABB)
  • Time-based ABC for services organisations
  • Motivation and the behavioural aspect of budgeting
Day 5

Performance Management and Beyond Budgeting

This day explores performance management systems and the integration of budgeting with broader performance metrics. Participants examine balanced scorecards, shareholder value measures, and non-financial performance indicators. The topics covered will include:  

  • Broadening performance measurement systems
  • The Drive toward Shareholder Value (EVA®)
  • Beyond budgeting: integrating financial and non-financial issues
  • Introducing the Balanced Scorecard and the key perspective

Module II: Financial Accounting & Reporting

Day 6

Financial Accounting and Reporting – Business Context and Key Principles

This day introduces the purpose, principles, and context of financial accounting and reporting. Participants explore key concepts, corporate governance frameworks, and foundational financial reporting structures. The topics covered will include:  

  • Purpose of financial accounting and reporting
  • Key principles in corporate governance
  • Building a winning business model
  • Key concepts in financial accounting
  • Structure of financial accounting systems
  • Fundamentals of financial reporting
  • Creative accounting, scandals, and fraud
Day 7

The Statement of Financial Position and Income Statement

This day focuses on understanding the statement of financial position and income statement, their presentation, and application within the IASB conceptual framework. The topics covered will include:  

  • The IASB Conceptual Framework
  • Statement of Financial Position: purpose structure and presentation
  • Tangible and intangible assets
  • Financial assets and liabilities
  • Inventories
  • Statement of Changes in Equity: purpose structure and presentation
  • Income Statement: purpose structure and presentation
  • Revenue recognition principles
Day 8

The Statement of Cash Flows and Group Reporting

This day explores cash flow statements, working capital optimisation, and group reporting. Participants examine cash flow drivers and forecasting techniques. The topics covered will include:  

  • Statement of Cash Flows: purpose structure and presentation
  • Understanding business cash flow drivers
  • Equity capital and debt capital
  • Leases
  • Optimising working capital
  • Cash flow forecasting techniques
  • Group Accounts: purpose structure and presentation
Day 9

Analysis and Interpretation of Financial Reports

This day emphasises analytical techniques for financial reports, including liquidity, profitability, and shareholder value analysis. Participants also explore forecasting and risk indicators. The topics covered will include:  

  • Fundamentals of analysing financial reports
  • The shareholder value concept
  • Measuring and managing profitability
  • Measuring and managing liquidity
  • The effect of gearing on risk and shareholder value
  • Predicting corporate distress and failure
  • Forecasting financial performance and financial position
Day 10

Designing and Presenting Effective Financial Reports

This day focuses on designing effective financial reports, incorporating graphical elements and dashboards for internal use, and understanding developments in Integrated Reporting. The topics covered will include:

  • The limitations of financial reports
  • Designing effective internal business reports
  • Incorporating Excel graphics in internal reports
  • Developing and using business dashboards
  • Making effective financial presentations
  • Developments in Integrated Reporting (IR)
  • Integrated Reports: purpose, structure, and presentation
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure
Related Categories
Finance & Budgeting
Related Certificates
NASBA

Customisation & In-House Delivery

Delivering this training course in-house enables organisations to align budgeting, planning, and financial reporting practices with internal strategies, performance expectations, and governance frameworks. Customisation allows teams to focus on real organisational challenges and integrate course content with existing financial processes and systems.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Budgeting, Planning & Financial Reporting training course:

  • Enhanced strategic planning and forecasting capabilities
  • Improved cost management and control
  • Higher quality integrated financial and management reporting
  • Strengthened decision support through dashboards
  • Increased confidence in financial planning roles
  • Better alignment between budgeting and organisational performance
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email [email protected] . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at [email protected]

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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