Introduction                                                                                 

We can say that "strategic planning" is one of the most important functions of modern management, which involves intensive research by the management of the establishment about the opportunities to create a competitive advantage for the establishment in the market by determining the long-term directions of the establishment, determining the area of ​​activity of the unit, the market in which it sells, And identify the direction of the competitors and ways to address them. And identify the strengths and weaknesses of the enterprise and its long-term goals, and the development of strategies and plans required to achieve these goals and resources required for this purpose. The "comprehensive budget" is a comprehensive plan that seeks to achieve the objectives of the establishment as a whole during the coming period. This comprehensive plan is the subject of senior management's attention, which is discussed and approved before it is put into effect. Hence, the overall budget is the general framework for the sub-budgets of all the activities of the establishment.

It includes a variety of budgets (quantitative, financial, monetary): - Sales balance, total inventory balance, production budget, material balance, procurement budget, Cash, discretionary income statement, investment budget, research and development budget.

        Objectives                      

• Provide the participants with the concept and methods of strategic financial planning and steps to prepare strategic financial plans, and the methods and tools to prepare modern strategic plans
• To familiarize participants with the skills of preparing financial and operational budgets in the light of strategic plans
• Provide participants with the skill of preparing budgets by identifying the basis of estimating the budget elements of revenues and expenses and the general rules governing the preparation and estimation as well as acquiring the skill of budget classification in light of several bases
• Providing participants with the skills of preparing government budgets in light of modern methods used in developed countries
• To familiarize participants with budgeting skills in the light of strategic plans•
• Provide participants with the skills of evaluating capital projects using modern evaluation models and their application

Targeted groups                                                                                 

• Financial managers
• Financial Analysts and Consultants
• Internal and external auditors
• Directors and officials of financial decision makers

Scientific content                                                                                

What is strategic financial planning?

• Definition of strategic planning
•  The nature of strategic planning
• Strategic planning types
• Factors influencing strategic planning
• Strategic planning steps
• Strategic planning tools
• Modern methods used in strategic planning 

• Preparation of strategic financial plans
• The overall model for the preparation of strategic plans
• Types of strategies
• How to formulate strategy
• Methods of designing and preparing strategic plans•
• The method of analyzing force and weakness
• Strategic planning and strategic management
• Budget as a tool for strategic planning
• Uses of budgets
• Types of budgets
• Principles of budget preparation
• Obstacles and difficulties in preparing budgets
• Responsibility for budget preparation
• Considerations to be taken before budget preparation
• The role of forecasting in the preparation of the budget
• Budget preparation stages 

The general framework for the preparation of planning budgets

• Budget entries
• Profit planning entrance
• Introduction to market research and sales forecasting
• Introduction to the study of production capacity
• Introduction to the study of other controlling factors
• Use of quantitative methods in preparing the budget
• Preparation of comprehensive planning budgets:
• Preparation of planning budgets in industrial activities
• Preparation of planning budgets in commercial activities
• Budgeting in government activities
• Modern methods of preparing government budgets
• The role of budgets in controlling and rationalizing spending 

Analyzing and evaluating financial performance using Benchmarking

• Key performance indicators (KPIs)
• Benchmarking
• The importance of benchmarking method
• Identify strengths and weaknesses within the company
• KPI concept and identification mechanism
• Benefits and importance of identifying performance indicators in institutions
• KPIs are key to the success of the organization•        
•  Using performance measurement indicators to rationalize expenditures and develop revenue