Rolling Forecasts and Driver Based Budgeting

Course objectives

• Distinguish rolling forecasts from static annual budgets and identify when each applies
• Identify and model the key business drivers behind revenue and cost lines
• Build a driver based forecasting model that updates efficiently each month
• Incorporate exchange rate and commodity price sensitivity into forecasts
• Communicate rolling forecast outputs to management for faster decisions

Who should attend

• Financial planning and analysis managers
• Management accountants responsible for forecasting
• Finance business partners supporting operational teams
• Treasury staff exposed to currency and commodity volatility
• Controllers seeking to modernise the budgeting process

Course outline

1. 01Rolling forecasts versus static budgets: when each fits
2. 02Identifying business drivers behind revenue and cost
3. 03Building a driver based forecasting model
4. 04Incorporating exchange rate and commodity sensitivity
5. 05Monthly forecast update cadence and governance
6. 06Presenting rolling forecasts for management decision making

Scheduled sessions