CFBA™- Certified Forecasting and Budgeting Analyst, Using Advanced Excel and the R Language for Statistical Computing and Graphics M Hotel by Millennium, Downtown Dubai

1. Level:Advance DeliveryType:Grouplive
CourseOverview
Thiscoursehasbeendesignedasadvancedlevelcourseanditassumesthatdelegateshaveattendedbasictointermediatelevelcourses
orbyqualificationsand/orexperiencetheyarequalifiedtoattendthecourse.
Atthestartofthiscourse,delegateswillberequiredtosetouttheirmajorobjectivesforattendingthecoursebyidentifyingfortherestofthe
groupthemodellingneedsandchallengesthatfacethem.Theoutputsofthissessionwillbeusedasthefocalpointofthefollowing
sessions.Thisappsessions.Thisapproachaddsanelementofflexibilitytothecoursewhichmeansthatthetrainermayincludeadditionalmaterials/topics
fromthenoninordertomeetdelegates’needs.
Moreover,asanadvancedlevelcourse,delegateswillappreciatethatthetechnicalcontentoftheprogram,forexample,theforecasting
sessionswillbebeyondtheleveloftheworktheyhaveprobablydonebefore.Consequently,amixtureofdevelopmentalANDpractical
exampleswillbeusedheexampleswillbeusedhere.Itwillbeidealofdelegatesarepreparedtosharetheyownforecastingandbudgetingneeds/examplestoassist
withthispartofthecourse.Aswithallotherpartsofthiscourse,thematerialsfortheforecastingandbudgetingsessionsarefullydeveloped
andincludedhere.
Bywayofaninnovativedevelopment,thiscoursealsoincludessessionsontheRLanguageforStatisticalComputingandGraphics.RisaBywayofaninnovativedevelopment,thiscoursealsoincludessessionsontheRLanguageforStatisticalComputingandGraphics.Risa
trueprogramminglanguageandinthiscourseyouwillbegivenavarietyofinputstohelpyoutoidentifyhowitcanhelpyouwithbothyour
visualisationandstatisticalneeds.MicrosoftExcelisfineasfarasitgoesbutitcannotcompetewithmorededicatedstatisticaland
visualizationsoftwareinthewaythatRprogramminglanguagedoes.Theprereadingmaterialsthatyouwillbegivenpriortoattendingthis
coursewillincludepackagesandexamplesthatyoucanrefertobeforethecoursesothatyouwillatleastbefamiliarwithsomeofthe
contentinadvance.contentinadvance.
DelegateswillappreciateboththepowerandthesimplicityoftheRlanguageincarryingoutstatisticalanalysis,creatingoftenstunning
visualisationsandgeneratingreadytoreadreportsinWord,HTMLandotherformats.Often,onelineofcodeisallthatisrequiredtocreate
analysesandvisualisations.
CourseObjectives
Bytheendofthiscourse,youwillbeableto:
•Reviewandworkonyourowncompany’sobjectives,sources
ofdataforforecastingandbudgeting
•Analyzefinancialstatementsindepth
•C•CreatefinancialforecastsandtheiranalysisusingAdvanced
MicrosoftExcelandRProgrammingLanguage
•Planformanagementperformanceandlinktheanalysis
outcomestoevaluateoperationalresults
•Buildbudgettemplatesandschedules
•Augmentexistingbudgetingcapabilitiesbyincorporating
scenarioanalysis
Methodology:
•Practicalandinteractivebyusingrawdataandotherinputsfor
arealcompanytoenabledelegatetoputthelearning
objectivesintopractice.
•Participantswillgothroughthemodelbuildingprocess
iterativelysothattheycanadaptourmodeltocreatetheirown
models
•Asignificantaspectofthecourseisthatdelegateswilldesign,
constructandtesttheirownpracticalfinancialmodelthatthey
willuseatwork.Thistaskmightincludethecorrectionand
enhancementofanexistingmodel.
CertifiedForecastingandBudgetingAnalyst
UsingAdvancedExcelandtheRLanguage
forStatisticalComputingandGraphics
CFBA™
Dubai,UAE13-17August,2017
Organizedby
WWW.HLTI.ORG
TheGAFM®istheonlycharteredprofessionalbody
basedintheUSAthatpromotesthehighestbusiness
accreditedstandardsandexcellence.Wesanctionthe
topaccreditedmastersanddoctoratedegreeprograms
worldwideasapathtomembershipandcertification.
Certifiedby

2. TheGAFMwasfoundedin1996bytheoriginal
foundersoftheGraduateLeadershipSociety.The
FoundersofourStandardsBoardareCEOs,
Executives,Professors,andindustryexpertsfrom
aroundtheglobe.Wedesiretoraiseeducation
standardsandethicsinthebusinessand
managementindustries.TheStandardsPolicyBoard
awardsspecializedboardcertifications,designations,andchartersin
thefieldsof:finance,accounting,management,andconsultingfields
toqualifiedprofessionalswhohavecompletedinternationally
recognizedoraccreditedexams&education,governmentrecognized
degreesanddocumentedmanagementcredentialsandexperience.
Since1996,theAcademyhasbeenpromotingaccreditedgraduate
standardsforcertificationinbusiness,management,law,and
finance.SincetheinceptionwiththefoundingoftheGraduateInstitutefinance.SincetheinceptionwiththefoundingoftheGraduateInstitute
ofLeadershipin1996,theAcademyhasbeenfocusedonquality
assurancewithaccreditededucation,exams,assessment,education,
ethics,andcontinuingeducation.Further,applicantsmustalsohave
thenecessaryexperienceinpractice,researchorpublicationsintheir
respectiveareasofexpertise.
GLOBALACADEMYOF
FINANCEANDMANAGEMENT
BYATTENDINGTHISCOURSE,THEADDED
BENEFITSYOUWILLRECEIVEINCLUDE:
•Successfulcompletionofthiscoursemakesyoua
CFBA™ CertifiedForecastingandBudgeting
Analyst.
•YoucanusethedesignationCFBA™ onyour
businesscardandresume
•Upto18month’smembershiptotheGAFM®
professionalbody
•AccesstotheGAFM®networkandbodyof•AccesstotheGAFM®networkandbodyof
informationonline
•PreferredaccesstoeducationcentersinUSA,UK,
Europe,Asia,MiddleEastandLatinAmerica
•AccesstotheGAFM®journalpublishedonline
•GoldEmbossedCertificatewithyournameand
designationasMGAFM(MemberoftheGlobal
AcademyofFinanceandManagement)
IN-HOUSE
Ifinterestedtorunthiscoursein-housepleasecontact
Dr.ShpendImeriat:
+38971552410
+38942222032
shpend.imeri@hlti.org
PROGRAMTIMINGS
Registrationwillbeginat08.00onDayOne.
Theprogramwillcommenceat08.30eachdayandcontinueuntil16.30.
Therewillbetworefreshmentbreaksandlunchat
appropriateintervals.
Whoshouldattend?
•FinancialDirectorsandManagers
•FinancialAnalysts
•Financialcontrollers
•PortfolioManagers
•ChiefFinancialOfficers
••CorporateFinanceOfficers
•BankLanding/LoanOfficers
•InternalAuditorandInternalControllers
•RiskManagers/Analysts
•Creditmanagers
•FinancialandManagementaccountants
•FinancialProjectAdministrators
••Projectfinanceprofessionals
•Financialplanners
PLUS,anyonewhoisresponsiblefor/involvedin
FinancialForecasting,Budgeting,Financial
Modelingoranticipatesbeinginvolvedina
Financial/FoFinancial/Forecasting/Budgetingmulti-disciplined
approachusingMicrosoftExcel,PowerBIandR
forStatisticalComputingandGraphicsinthe
future.
Duncanhasworkedinternationallyasanaccountingprofessional,lecturerandtrainerformany
years.Duncanbeganhisinternationalworkin1988whenhestartedafiveyearpostingtothe
UniversityofMalawiwherehewasanAssociateProfessorofAccounting.Duncanhaslived
andworkedinCentralandSouthAsia,theMiddleEast,Mexico,theCaucasusandtheFar
East,includingThailand,wherehenowlives,Singapore,MalaysiaandVietnam.
DuncanhasbeentrainingintheareaofIFRSandfinancialreportingforoveradecade
followingassignmentsintheCauscasusandCentralAsiainwhichheworkedinUSAID
projectsthatweregiventheremitofsettingupIFRSbasedaccountingregimesinArmenia,firstofall,thenthe
formerSovietUnion.Thisworkincludedsettingupacurriculumforthecertificationofprofessionalaccountants
anddevelopingtrainingmaterialsforthatpurpose.
DuncanhastrainedalargenumberofCFO's,FinancialControllersandPlaner,Auditors,Accountantsandmorein
theareaofFinancialModeling,IFRS,FinancialForecastingandBudgetingintheMiddleEast,ThailandandforOil
andGasbaseddelegatesfromSaudiArabia,UAE,Kuwait,Oman,Lybia,Egypt,Ghana,Nigeria.
Duncan'spublishedworkincludeabookonbookkeepingandaccounting(TheBookkeepingandAccountingDuncan'spublishedworkincludeabookonbookkeepingandaccounting(TheBookkeepingandAccounting
CoachpublishedbyHodderandStoughtoninApril2014)atextbookoncostandmanagementaccounting,a
majorbookonExcel2007spreadsheetingtogetherwithanExcelworkbook.
DuncanWilliamson ExpertTrainer
EUOFFICE:+38942222032
AFRICAOFFICE+233246035185
USOFFICE:+140 65584926
MOBILE:+38971552410
Email:info@hlti.org
REGISTERNOW!!!
WWW.HLTI.ORG
CFBA™CertifiedForecasting
andBudgetingAnalyst
UsingAdvancedExcelandtheRLanguage
forStatisticalComputingandGraphics
13-17August
2017

3. EUOFFICE:+38942222032
AFRICAOFFICE+233246035185
USOFFICE:+140 65584926
MOBILE:+38971552410
Email:info@hlti.org
REGISTERNOW!!!
WWW.HLTI.ORG
SessionOne
DataGenerationandForecastingWorkshop
•Identifyyourorganization’sgoalsandassessyourcurrentmodelling
approachesinrelationtothem
•Isonemodelenough?Shouldyourmodelbesplitintotwoormore
submodels?
•A•Areyourepeatingmistakesandweaknessesinyourmodels?Ifso,
whatcanbedoneaboutthat?
•Rollingbudgets/forecastsasanalternative?
•Advancedapplicationofmodellingbestpractices:whosestandards
andwhymighttheybehinderingratherthanhelping?
•Doyouhaveinternalandexternallyfocusedmodels?Arethesetwo
modelsinconflict?
•Identifyingandgathering•Identifyingandgatheringreliablemarketinformation,identifying
trendsandmarketdrivers
Exercise
Delegateswillbeexpectedtobringwiththemexamplesoftheir
concernsforthissessionandbewillingtosharetheirconcernswith
theirfellowdelegates
SessionTwo
IntegratingFinancialLogicUsingaHandsonAppIntegratingFinancialLogicUsingaHandsonApproachto
DesigningEffectiveForecastingModels
•Identifyingbothqualitativeandquantitativeforecastingtechniques
andusethemto
•Pinpointstrategicandeconomicdriversofthebusinessthat
streamlinefinancialforecasts
•Fo•ForecasttheIncomeStatement,BalanceSheetandCashFlow
Statement
•Exploretheuseoftrendlinefunctionsandchartingforenhanced
financialanalysis
InteractivePracticeSession
DevelopingafoDevelopingaforecastingmodelincludingbuiltintestsforbias,auto
correlationandoutlierstoperformcomprehensivefinancialanalysis
andinterpretationofoptimizedmodeloutputs.
SessionThree
TimeSeriesAnalysisofFinancialDataforFinancialForecasting
•Timeseries
•Movingaveragesincludinganalysisofseasonality,trends,cycles
anderrors
•Exponentialsmoothing:singleanddoublemethods
•Reg•Regressionanalysis:simpleandmultipleregression
•IllustratingtheDataAnalysisToolPaktechniquesthatwillallowusto
considermuchmoresophisticatedanalysisthanotherwise
•AdjustedR2
•SignificanceF
•Modelcoefficients
•tstatisticsandpValues
•Standa•StandardErrors
•Residualsandtheiranalysis
•Outliers
•Andmore
Exercise
•Delegatesa•Delegatesarerequiredtobuildmodelsofgivensituations:Realistic,
fromtherealworld.Theirtaskistoworkwiththatmodeltocheck
thatitsassumptionsarevalid,thatitwilldowhattheysayitwilldo.
•Giventimeseriesdata,youwanttopreparesomeanalysisand
forecastingmodelsandoutput:Usethetechniquesdevelopedin
thissessiontoteaseoutthewayforward.
•Givenanyoneofthemodelsdelegatesworkedoninthis
pprogrammesofar,youneedtobesurethattheyaresensitive
enough:Thattheycantellyouwhattheoutcomewillbeifyou
change,forexample,onevariableby1% andanothervariableby3%
•Developing“Whatif”scenariosinyourfinancialandoperational
modelsincludingtheuseofExcel’sScenarioManager
SessionFour
UsingtheRPUsingtheRProgrammingLanguageforStatisticalComputingand
GraphicstoassistwithTimeSeriesAnalysis
ThissessionwillbedevotedtotheuseofRasappliedtoTimeSeriesThissessionwillbedevotedtotheuseofRasappliedtoTimeSeries
Analysis.WewilluseavarietyofRpackagesandfunctionstohelpusto
unravelthepossiblecomplexitiesoftimeseriesdata.WhilstRisatrue
programminglanguage,thereareover12,000packagesthatareequiv-
alenttoExceladdinsthatareavailabletotheuserandwewillbeusing
severalofthosepackages,notably:
•ggplot2
•DescTools
•timeSeries
•Financial
•FinCal
•Ecdat
•Hmisc
andseveralmoandseveralmorebothstandaloneandneededtorunfunctionsin
someoftheabovepackages
ProgrammeOutline
CFBA™CertifiedForecasting
andBudgetingAnalyst
UsingAdvancedExcelandtheRLanguage
forStatisticalComputingandGraphics
13-17August
2017

4. EUOFFICE:+38942222032
AFRICAOFFICE+233246035185
USOFFICE:+140 65584926
MOBILE:+38971552410
Email:info@hlti.org
REGISTERNOW!!!
WWW.HLTI.ORG
Inadditiontotheanalysis,suchaswehavealreadyseenwhen
usingExcel,wewilluseRtodecomposetimeseriesdata
•Rawdata
•Trend
•Seasonality
•Random
•generateforecastsatthe95% confidencelevel
•useRtoc•useRtocreatetimeseries
•clusters
•classifications
•useR’sdatavisualizationcapabilitiestogenerateexceptionally
usefulchartsanddiagrams
•Fixed,variableandsemivariablecostbehavior
•Complexproductionplanningwhentherearelimitingconstraints
•LinearprogrammingapplicationsusingSolver
CaseStudies
Hereisthewayinwhichthecostsofourproducts/servicesare
behaving:Whatweneedisamodelthatallowsustotestit/useitinbehaving:Whatweneedisamodelthatallowsustotestit/useitin
ourannualbudgetingprocess.Inotherwords,weneedstandard
costs,KPIs,averages,graphs,unlockedsecrets!
SessionSeven
Capstone:buildingbudgettemplatesandschedules
ThisisessentiallythecapstonesessionofthecourseinwhichwewillThisisessentiallythecapstonesessionofthecourseinwhichwewill
takemanyaspectsand/orexamplesfromearlierpartsofthecourse
andusethemtobuildbudgetsandbudgetschedulesforgivencases
andscenarios
Inthissessionwewillconsideravarietyofbudgetsettingsandcreate
budgettemplatesandbudgetsforthem.
DelegateswillalsobeexpectedtopDelegateswillalsobeexpectedtoprovidetheirowninputstothis
sessionbysuggestingexamplesfromtheirownexperiencethatwe
mightworkon:thisapproachguaranteesthepracticalityofthe
examplesanditprovidesanopportunityforalldelegatestomake
suggestionsandamendmentstotheworkunderreview.
SessionEight
AugmentingExistingBudgetingCapabilitiesbyIncorporatingAugmentingExistingBudgetingCapabilitiesbyIncorporating
ScenarioAnalysis
•Modellingthewaysinwhichyourrevenuesandcostsarebehaving
•Buildingscenariosintothefinancialmodellingprocess:settingthe
scenariostobuild,egbestcase,worstcase,mostlikelycase
•Howtobuilda•Howtobuildareliablescenariotemplate:Excel’sScenarioManager,
yourcompany’sscenariotemplates,creatingfreeformtemplates
thatyoucanadaptformultiplesituations
•Themajoroutcomeofthissessionwillbetheabilitytouse
sensitivityandscenarioanalysiswithahighdegreeofconfidence.
Reviewanddevelopmentofyourpilotmodel
•Thisfinalsessionwillbeyourchancetopresentyourpilotmodel.
•Thistaskwillhavebeenamajoropportunitytodeviseandc•Thistaskwillhavebeenamajoropportunitytodeviseandcreate
themodelyouhavebeenwaitingforortorepairand/orimprovethe
modelthathasbeencausingyouproblems.
Assessment
•Endofcourseassessment:apracticalexaminationtotestyour
understandingoftheworkwehavedone
SessionFive
FinancialStatementAnalysis
•Industryanalysis:usingDuPontpyramidsandMichaelPorter'sfive
forcesshapingindustry'slongtermprofitability
•Calculatingtrendsandgrowthpatterns
•Ratioanalysistoassesskeyaspectsofcompanyperformance:
•Zsco•Zscoreandsimilartechniquesusedtoassesspotentialbankruptcy
•Usinggraphicalrepresentation
•Financialcosmeticsandcreativeaccounting,including
•Evaluatinghowcapitalizingversusexpensingcostsaffectfinancial
statementsandratios
•Effectofdifferentdepreciationmethodsonfinancialstatements
•Recognitionearly,late,grossnotnet
•Assessingthequalityoffinancial•Assessingthequalityoffinancialreports,including:
•Frameworkforassessingcompany'squalityoffinancialreports
•Potentialproblemsthataffectqualityoffinancialreports
•Theconceptofsustainableandpersistentearnings
•Beneishmodel:Mscoretodescribedegreetowhichearningsare
manipulated
•Evaluatingtheearningsqualityofacompany
•Evaluatingthecashflowqualityofacompany•Evaluatingthecashflowqualityofacompany
Casestudy:analysisandinterpretationofcompanyperformance
SessionSix
PlanningforManagementPerformanceandLinkingtheAnalysis
OutcomestoEvaluateOperationalResults
Inthissession,delegateswillbegivenexamplesandcasestotestInthissession,delegateswillbegivenexamplesandcasestotest
theirlearningfromthepastsessions.Delegateswillberequiredto
usetheirknowledgeandskillsbycreatingtemplatesofgivensitua-
tions,bestpractices,applyingthemostappropriatefunctionand
techniques
CFBA™CertifiedForecasting
andBudgetingAnalyst
UsingAdvancedExcelandtheRLanguage
forStatisticalComputingandGraphics
13-17August
2017

5. DelegateDetails
1
Name: Jobtitle:
Tel: Mob:
Fax: E-mail:
2
Name: Jobtitle:
Tel: Mob:
Fax: E-mail:
3
Name: Jobtitle:
Tel: Mob:
Fax: E-mail:
Company:
Address:
PostCode:
Country:
Tel:
Fax:
CompanyDetails
VENUEDETAILS
MHotelDowntownbyMillennium,Dubai
P.O.Box115138
DubaiUnitedArabEmirates
Tel:+971(4)4502000
Email:reservations.mea@millenniumhotels.com
1.PleaseInvoicemyCompany
2.PleasechargemyCreditCard
Visa MasterCard
PaymentsandDiscounts
1.Paymentterms/100% ofthefullamountatthetimeofregistration.Theregistrationwillbeconfirmedonlywhenfullpaymentreceived.
AllBankTransfercharges/feesandWithholdingTaxshouldbecarriedbysendingpart/payer.
Withtheregistrationsareincludedrefreshments,lunchesandcoursematerials.
2.Togettheearlybiddiscounts,paymentmustbereceivedbeforethefinalprice.Discountofferscannotbecombinedwithanyother
alternativeoffer.
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war,firestorm,explosion,nationalemergency,labordispute,strike,lock-out,civil,disturbance,actualorthreatenedviolencebyterrorist
group,oranyothercausenotwithinthecontrolofourinstitute,weshallbeundernoliabilityto‘Company’fornon-performanceordelayin
performanceorobligationunderthiscontractorotherwiseinrespectofanyactions,claims,losses(includingconsequentiallosses)costsor
expenseswhatsoeverwhichmaybebexpenseswhatsoeverwhichmaybebroughtagainstorsufferedorincurredby‘Company’,astheresultofthehappeningofsuchevent.
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Terms&Conditions
Ihavereadandagreetothefollowingterms&conditions Signature:
EarlyBirdDiscounts
RegisterandpaybeforeJune17,2017 -US$3290
RegisterandpaybeforeJuly17,2017 -US$3490
FinalPrice -US$3690
GroupDiscounts
3Delegates15%
5Delegates20%
*pleasenotethatallgroupdiscount
aregivenonthefinalprice
BOOKEARLY
SAVEUS$400!!
CFBA™CertifiedForecasting
andBudgetingAnalyst
UsingAdvancedExcelandtheRLanguage
forStatisticalComputingandGraphics
13-17August
2017