IMA Financial Plannihng & Analysis Certificate

Overview

IMA's FP&A Certificate Series enhances your skills in financial planning and analysis as it relates to budgeting, planning, and forecasting. Follow hypothetical case studies and reallife examples as this 3-part series helps you align your company's strategy across the organization and drive its overall performance.

The three (3) courses included in the series are:

1. IMA's FP&A Series: Strategic Budgeting 
2. IMA's FP&A Series: Strategic Planning 
3. IMA's FP&A Series: Forecasting Techniques

This series offers a total of 7.6 NASBA CPE. Earn a Professional Certificate and a digital badge upon successful completion of the series. Competency Domains supported: Strategy, Planning & Performance.

This product is available for 1 year after purchase date.

Objectives

Forecasting Techniques

• Define the objectives of business-driver-based rolling forecasts. 
• Demonstrate the use of a variety of forecasting techniques, including regression analysis methods, learning curve analysis, time series analysis, smoothing methods (such as moving averages and exponential smoothing) and Holt-Winters  forecasting method.
• Identify factors for developing a forecast model.
• Review the importance of continuous improvement and how it is supported by a flexible planning process grounded in driver-based rolling forecasts. 

Strategic Budgeting

• Describe the three spending categories and how to better control elective activity costs. 
• Recognize the difference between strategic and traditional budgeting approaches. 
• Apply data analysis and other innovative techniques to budgeting initiatives. 
• Identify a firm s key strategic success factors in the context of the Balanced Scorecard, which may be linked to operating budgets.  
• Indicate the various budget measurement tools for planning and control.  

Strategic Planning

• Define the key steps and activities included in the strategic planning process. 
• Recognize the contributions that a management accountant can make to various aspects of the planning process. 
• Identify current practices for strategic planning, including data analysis and communication techniques.