Advanced Tools in Budgeting, Forecasting & Reporting

CERTIFIED BUDGET ANALYST

An internationally renowned financial consultant and trainer over the past 18 years. With global experience in the fields of financial analysis, modelling, corporate governance, consultation and training, Hamed has been consistently acclaimed as one of the top financial consultants in many countries around the world. The presenter is widely renowned as a seasoned valuation modelling expert. Hamed is the founder and CEO of Radix Training Academy (Pty) Ltd and cofounder and CEO of Radix Corporate Governance (Pty) Ltd based in Cape Town, South Africa. His clients include multinational corporates, pension funds, asset management companies, among others in South Africa, The United States of America, Hong Kong, Singapore, Malaysia, Saudi Arabia, the UAE and other countries. Hamed is arguably one of the best financial trainers globally. Hamed has extensive training experience. His workshops combine professional knowledge along with excellent presentation skills. Participants’ comments of Hamed’s workshops indicate that they leave with deep understanding of the material covered and conclusive ability to apply

these concepts at their workplace upon completion of his courses. He has substantial experience in training corporate executives on strategic matters including valuation modelling, corporate restructuring, M&A modelling, applied corporate finance modelling, advanced financial modelling using Excel and VBA, attribution analysis modelling and other modelling courses. He currently lectures postgraduate students at the University of Cape Town certain subjects including Valuation Modelling, Portfolio Optimization and Financial Modelling. He is the founder of the charitable organization “Do It Project”. Hamed is a Chartered Financial Analyst (CFA). He qualified with BCom (honours) in accounting - cum laude with first class honour, and BCom (honours) in Financial Analysis and Portfolio Management - cum laude, with first class honour. Hamed’s hands-on training approach is mixed with energy, humour and continuous interaction with delegates. The systematic build up of his workshops ensures a bottom-up explanation, leading delegates quickly from the basics through the more advanced topics.

Hamed Behairy

2www.leoron.com

Expert Trainer

5 KEY TAKE AWAYS

1 Master advanced Excel tips in building dynamic financial models

2 Apply the various forecasting and smoothing techniques

3 Create dynamic and professional budgets in Excel and use the consolidate command

4 Learn to build your own first Power BI Model

5 Change your data handling to the extremely powerful Pivot Tables

» Financial Analysts » Chief Financial Officers » Budgeting and planning specialists » Accountants » Financial government officials » Marketing officers » Insurance specialists and actuarists » Credit analysts » Treasury » Internal auditors » Corporate finance analysts » Risk managers » Investment bankers » Strategic planners » Compliance officers » Management consultants » Bank lending officers

WHO SHOULDATTEND?

Leoron Professional Develop-ment Institute is registered with the National Association of State Boards of Accoun-tancy (NASBA) as a sponsor of continuing professional edu-cation on the National Registry of CPE Sponsors. State boards

of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints re-garding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org

The International Academy of Busi-ness and Financial Management™ is one of the world’s

fastest growing professional associations with more than 200,000 members, associates and affiliates in 145 countries. IABFM™ hosts and organizes certifica-tion training worldwide and offers exclusive board des-ignations to candidates who meet the highest profes-sional standards and assessment criteria. The IABFM is credited by the American National Standards Institute (ANSI) the International Standards setting authority.

BENEFITS OF ATTENDING

Successful completion of this course makes you a CBA™ Certified Budget Analyst. You can use CBA™ on your business card and resume.

» Up to 18 months membership to the IABFM professional body

» Access to the IABFM network and body of information online

» Preferred access to education centers in USA, UK, Europe, Asia, Middle East and Latin America

» Access to the IABFM journal published online Gold Embossed Certificate with your name and designation as MIAFM (Member of the International Academy of Business and Financial Management

PROGRAM TIMINGS

Registration will begin at 08.00 on Day One. The program will commence at 08.30 each day and continue until 17.30. There will be two refreshment breaks and lunch at ap-propriate intervals.

IN-HOUSE If interested to run this course in-house please contact GoranGakidev at +971 4 447 5711 or e-mail: goran.gakidev@leoron.com

DISTANCE LEARNING PROG.If interested to run this course with our distance learning program please contact Agron Kurtishi at +971 4 447 5711 or e-mail: agron.kurtishi@leoron.com

Delivery Type Group Live

Prerequisites None

Level Advanced Training

This Program is worth 28 NASBA CPE credits

3

August 27-30, 2018 | Almaty, Kazakhstan

COURSE OVERVIEWModelling financial analysis, reporting and budgeting is based on three important pillars: the technical understanding of these topics, the quality of the data inputs and the tools used to build, customize and expand these models. This intensive 4-days course is primarily focusing on the last point with reference to the first two. It is not about the budgeting process, as much as what to do so that your budgets get structured, analysed and reported with the most sophisticated dynamic dashboard visualizations ever.

The course will focus on two important tools for these purposes, namely, Power Pivot and Power BI. The presenter is widely known in the region as the black-belt champion as far as these topics are concerned. You are guaranteed the best training experience ever. A fresh graduate once attended this event and her exact words were: “.. it led me to develop a full interactive database and now almost every financial report is done through it”. Just to mention again, she was a fresh graduate. That is the magic of this course.

Here is a brief of these topics and how they can shape your decision-making process:

1. Power Pivot: a company doesn’t have its entire database in one table. Imagine a tool that allows you to interrelate all of these tables having millions and millions of rows. Best, this tool is 100% functioning inside of Excel, so you get the full benefit of the data manipulation power of Excel and the database management system of Power Pivot. The tables can be warehoused anywhere: Oracle, Access, SQL, and of course Excel; still all of them will be connected. End result? Most sophisticated queries from your management can be answered by a click of a button; no more ad-hoc requests that take days to prepare and check. To cite a simple example, how much is the Year to Date (YTD) sales in this division by this salesperson compared to the budgeted number vs last year performance. On top, dynamic charts and tables will form your dynamic dashboard based on the controls you determine. The catch? You will have to learn a new language called DAX (Data Analysis Expression) which was introduced by Microsoft particularly to work inside of Power Pivot and Power BI, extremely powerful and extremely useful. You will love it going from nowhere, all the way to master this lan-guage in these five days among other topics. This is the new ego of financial professionals globally. It has to penetrate deeply in our region. Previous attendees are now called the superstars in their respective companies.

2. Power BI: think of it as the new blockbuster of Microsoft. This tool was introduced for free in September 2015, very new and very smart. The dashboards you always dreamed to establish are now at your fingertips. Microsoft crafted this new tool to substantially cater for all the requests that analysts and budget professionals were demanding over the years. It is as significant as the migration from DOS to Windows, for example. This whole area is called Business Intelligence (BI). If you are not in this game double quickly, you are running the risk of being obsolete in the market sooner than you think. We will start from scratch all the way to developing a practical budgeting and analysis model for a manufacturing company. Some people think that this field is the responsibility of IT professionals. This is very untrue; it is the prime responsibility of finance professionals. They are the ones who understand the financial data and the interrelationships between them. Upon the completion of this course, you will be able to create models that will dazzle the decision makers in your company. Companies spend millions of dollars in their BI applications and end up using “the free” Power BI for its advanced Artificial Intelligence (AI) features available to end users. For example, Saudia Airlines has obviously spent tremendous amount of money on its Database Management System, yet when they started using Power BI, the analytical power of the company and the resulting efficiency savings increased sharply. Please visit You-tube and search what the CFO of Saudia said about Power BI. You will love this tool.

Conclusion: these advanced tools are indispensable in terms of financial analysis, reporting and budgeting. By using Pow-erPivot and Power BI, you can analyse data in ways that go way beyond “regular Excel” and regular Pivot Tables. You can get more done in less time. Never underestimate their power and never overestimate their difficulty given the way the presenter will conduct the training.

Sample of the dynamic dashboards to be constructed from scratch:

4www.leoron.com

August 27-30, 2018 | Almaty, Kazakhstan

COURSE OUTLINEBudgeting » Approaches to business planning in Excel models » Scope of budgeting » Different approaches to budgeting » Spreadsheets for budgets » Preparing the budget template » Preparing the actual template » Preparing the variance report template » Preparing the year to date report template

Forecasting » Approaches to forecasting » Collecting and examining the data » Data collection » Using statistical measures » Selecting and evaluating forecasting techniques » Accuracy and reliability » Smoothing techniques » Adaptive filtering » Exponential smoothing » Regression analysis » Standard error » Multiple regression » Time series analysis » Multiplicative time series analysis » A time series analysis model » A model for analysing expected values » Trends and seasonalities » Expected Values » Developing a financial plan » What if analysis

Working with classic Pivot Tables: » Converting data to Tables and Pivot Tables » Top 10 functionality » Copying and pasting pivot tables » Manipulating data to show % of column, row and grand total

» Understanding a pivot table you never created » Pivot Chart » Building a dashboard in Excel from scratch

First practical example of Power Pivot » Introduction to Power Pivot » When to use Power Pivot » Importing data into Power Pivot directly from Excel » Importing data into Power Pivot from data warehouses » Importing data from any other source: Access, SQL, Oracle or SAB

» Linked Tables » The data view vs the diagram view » Building relationships between tables » Relational Database » One-to-many relationships » Editing relationships » Deleting relationships » Building the first Pivot Table from Power Pivot » The power of filtering context » Retrieving data from different ranges and tables

» Introducing Slicers » Formatting slicers » Using slicers as control selection in building dashboards » Multiple selections from slicers » Producing the first report from Power Pivot » What is DAX and why it is crucial? » Measures, your new big friend in life » Referring to measures in other measures » Formatting follows the measures

Case: practical application

First Budgeting Dashboard example using Power Pivot » Dynamic dashboard from scratch » Comparison of different products, regions, salesper-sons, etc

» Year on Year percentage growth (YoY%) » Year to Data (YTD) data vs last year » Actual vs budget » Sparklines add a lot to your dashboard » Top performance » Slicers and control cells

Greatest functions in the world, DAX Functions used in budgeting models:

Related IsblankLastdate NotDateadd TotalytdCalculate TotalqtdAll TotalmtdLeft, Right AllexceptValues AllselectedHasonevalue FilterSwitch ClosingbalancemonthFormat, Text ClosingbalanceyearDivide

PowerQuery, bring order to messy data: » Important tool in Power Pivot and Power BI » Creating calendar tables dynamically » Combining and consolidating multiple files dynamically » Unpivot a table

Case Study: » Group assignment to create your own first Power Piv-ot model applying all the techniques learned thus far.

Power BI: » How to Install » Getting started » Get Data » Work on the tables, just like PowerPivot » Manage Relationships » New Measure » Calculated Columns can also be created in the same way, by right-clicking in the Field list

» Creating Reports » Import already prepared PowerPivot Models » Publish

5www.leoron.com

August 27-30, 2018 | Almaty, Kazakhstan

» Dashboard, amazing dynamic examples » Sharing the dashboard in various ways

Important features of Power BI: » Get real data: instantly know when your business needs your attention. Solve problems as they occur, seize opportunities as they arise

» Drill in and drill out. Our performance is 10% better than last year, why? Which product? Product ABC, why? Which region? Region XYZ, why? Which salesman? Salesman LMN, etc. You will have the bird view of the whole business then drill down to the level you want.

» Ask Questions like in Google: your manager will write: “which product is the best performing to date com-pared to budget?”, he will get the answer immediate-ly. Best artificial intelligence ever.

» Shared reports to users can be viewed from anywhere in the world in laptops, iPads or even cell phones. Your manager is setting in a meeting in another country, all questions he needs are at his fingertips

» Different clusters of users can have different reports. The C-level will communicate together via Power BI sharing the same report that is different from the dashboards of the HR team, marketing team, etc.

» Cross referencing: once a product or region, sector is selected in a dashboard, all charts will shrink in size to show this particular product, region or sector.

» Ability to embed Power BI visualizations in your website

Real life example of a budgeting model using Power BI: » Analyze different components of your P&L in differ-ent regions over time

» Add story lines explaining the ups and downs in your historical profit numbers

» How far is the performance to budgeted numbers » Budgeted vs estimate, estimate vs actual » Product analysis » Revenue analysis » Volume Analysis » Region analysis » Cost per kg analysis » Payroll and employee analysis over time » Capex analysis over time

Case study: » Group Assignment: Creating your own first Power BI model

August 27-30, 2018 | Almaty, Kazakhstan

6www.leoron.com

Advanced Diploma on Financial Modelling Using Excel and VBA

FINANCIAL MODELLING MASTER

ANSI/ASTM E2659Certificate Issuer

#1198

We also recommend:

TERMS & CONDITIONS

1. Payment Terms for LEORON Professional Development Institute (hereafter LEORON PDI)a. 100% payment of the amount in maximum 15 days upon the receipt of the invoice. b. The payment shall be conducted either in cash, credit/debit card, cheque or bank transfer. c. The stated amount is exclusive of Withholding Tax and other duties, taxes and transfer related charges which if

applicable are payable by the client in addition to the stated amount.2. Cancelation and Postponement Policy

a. All cancelations and postponements shall be done in written form.b. In case of client cancelation:

i. No cancelation fee if the cancelation takes place not less than 14 days prior to the beginning of the course,ii. 50% cancelation fee if the cancelation takes place between 7 days and 14 days prior to the beginning of the course,iii. 100% cancelation fee if the cancelation takes place less than 7 days prior to the beginning of the course,

c. In case of client postponement, i. LEORON PDI issues a credit note which states that the paid amount can be used for participation in any of the

company’s courses which are scheduled in a period of 12 months from the date of the credit note.ii. A 25% postponement fee if the postponement takes place less than 10 days prior to the beginning of the course

d. In case of LEORON PDI cancelation:i. A 100% refund shall be applicable if LEORON PDI decides to cancel the event - the client has an option to receive

a credit note which can be used for any course for a period of 12 months.ii. In case of LEORON PDI postponement - the client may choose to participate on the same course at the later date or

to be issued a credit note which states that the paid amount can be used for participation of any of the company’s courses which are scheduled in a period of 12 months from the date of the credit note.

3. Selection of Trainer and LocationSelection of the trainer and training location shall be at the discretion of LEORON PDI. Every effort shall be made to maintain continuity, but, if necessary, LEORON PDI can change the trainer and training location any time prior to commencement of the course.

4. Intellectual PropertyThe copyright, intellectual property and design rights of the learning materials are property of LEORON PDI and its expert trainers. It cannot be copied, shared or reproduced without prior written consent of LEORON PDI.

5. Health and SafetyThe clients must conform to and comply with the Health and Safety Policy and Procedures as laid down by LEORON PDI or its partner organizations when the course is delivered in leased premises. Breaches of these policies and procedures may result with the client being suspended or excluded from the course and premises.

6. Complaints and Refunds Procedurea. LEORON PDI shall deem relevant the following types of complaints:

i. If the contents of a course or the training materials are incorrect or inappropriate.ii. If the duration of the course is significantly different to that invoiced.iii. If the conduct or actions by the LEORON PDI trainer are inappropriate or offensive.iv. If the training delivery is not on a satisfactory level

b. Enquiries and complaints shall be made in written form and have to contain sufficient detail to allow LEORON PDI to compile an official written response.

c. All official enquiries and complaints shall be submitted electronically to Val Jusufi, Managing Director of LEORON PDI, at val@leoron.com

d. LEORON PDI shall officially respond to the complaint no later than 7 days from the date of its reception.7. Force Majeure

LEORON PDI shall not be liable to the clients or be deemed to be in breach of any agreement it has concluded with them for any delay in performing or failure to perform any of the LEORON PDI’s obligations in respect of the services if the delay or failure was due to any cause such as war, warlike activities, fire, storm, explosion, national emergency, labor dispute, strike, lock-out, civil disturbance, actual or threatened violence by any terrorist group, newly enacted law or regulation or any other cause not within the control of LEORON PDI.

8. Governing LawThis contract shall be governed by and construed in accordance with the Laws and Regulations of the DMC-CA Authority in Dubai, UAE.

I have read and agreed to the following terms and conditions!

COURSE DETAILSCERTIFIED BUDGET ANALYST - ADVANCED TOOLS IN BUDGETING, FORECASTING & REPORTING

Date: August 27-30, 2018 Location: Almaty, Kazakhstan

Signature:

leoron.comREGISTRATION FORM

*Note: If your PDF reader is not able to submit this registration form, please save a local copy, attach it, and send it via Email to: register@leoron.com

Pay by CREDIT CARD

Pay by INVOICE

4 EASY WAYS TO REGISTER

T: +971 4 447 5711

F: +971 4 447 5710

E: register@leoron.com

W: www.leoron.com

FINANCE (ACCOUNTS) PAYABLE DETAILS

Name: Position:

Tel: Mob: E-mail:

COMPANY DETAILS

Company: Phone: TRN:

Address: Post Code: Country:

DELEGATE DETAILS

1Name: Phone:

Job Title: Nationality:

E-mail: ID No.

2Name: Phone:

Job Title: Nationality:

E-mail: ID No.

3Name: Phone:

Job Title: Nationality:

E-mail: ID No.

(Name to Appear on the Certificate, Please PRINT Clearly)

COURSE FEE: US$ 3090SAVINGS & DISCOUNTS

GET US$ 200 DISCOUNTif you register 1 months before the course

GROUP DISCOUNTS*

3+ Delegates 15%

*please note that all group discounts are given on the original course fee** all prices are VAT-exclusive.