Annual Operating Plan Process - The Annual Budget

Learners: 23,826

Instructor: Corporate Finance Academy

Duration:

The Annual Operating Plan is a critical process for businesses to undertake each year. CorporateFinanceAcademy.com has created a video to guide viewers through the process. It covers topics such as the layout of the plan, sales and production budgets, top-down vs. bottom-up forecasting, production, COGS, capex and R&D, SG&A budget, income statement, balance sheet, cash flows, and the role of the finance team. The video also provides advice and things to think about. Subscribe to CorporateFinanceAcademy.com to learn more about the Annual Operating Plan Process and how to make it work for your business. ▼▲

Course Feature Course Overview Pros & Cons Course Provider Discussion and Reviews

Go to class

Course Feature

Cost:

Free

Provider:

Youtube

Certificate:

No Information

Language:

English

Start Date:

2021-10-04 00:00:00

Course Overview

❗The content presented here is sourced directly from Youtube platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [July 18th, 2023]

The CorporateFinanceAcademy.com Annual Operating Plan Process video provides an overview of the annual operating plan process. It begins with an introduction to the annual operating plan and why it is important for businesses to have one. It then goes on to discuss the layout of the annual operating plan, including sales and production budgets, top-down versus bottom-up forecasting, production, cost of goods sold, capital expenditure, and research and development budgets. Additionally, the video covers the income statement, balance sheet, and cash flows, as well as the role of the finance team. Finally, it provides advice and things to think about when creating an annual operating plan.

Pros & Cons

Pros Cons

Excellent content and presentation: Users appreciate the quality of the video and find the material to be helpful and informative.
Helpful for beginners: Users who are new to the concept of an operating plan find the video extremely helpful, despite having to pause and search for unfamiliar terms.

Confusing presentation of labor: One user found it confusing that labor was mentioned in different areas of the presentation, such as the production budget and COGS. This inconsistency may lead to confusion for some viewers.
Lack of explanation for certain terms: Some users mentioned that the video assumes prior knowledge of terms like FP&A and SGA, which may be unfamiliar to those who are not well-versed in operating plans.