MBAexpress: Better Budgeting and Forecasting - V 2.0

Overview

What comes to mind when you think of budgeting? Takes too long? No follow-up? It protects the status-quo? If you've considered "banning the budget", this course will show you how to transform it into a planning process that helps your organization achieve its strategy.

Discover 21 tips to change your budgeting process that results in a detailed one year budget, to a planning process resulting in a strategic, progressive and long-term achievement of your goals.

This course has been developed by the Business Learning Institute. The Business Learning Institute, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.

Highlights

Key Topics

• Budgeting Best Practices
• SWOT Analysis
• The 80/20 rule
• Common budget problems
• Rolling forecasts
• Spontaneous assets and liabilities
• The effects of bad data

Prerequisites

None

Designed For

Who Will Benefit

• CPAs, corporate finance teams, business leaders and other financial professionals.

Objectives

Learning Outcomes

• This course will prepare you to:
• Recognize key differences between planning and budgeting
• Identify best practices to use in your planning process
• Define key elements of rolling forecasts