The Controllership Series - Addressing Budgeting Uncertainty

Friday, January 03, 2025
Webcast or Webinar, Online
5:00 PM - 6:03 PM (opens at 4:30 PM) EST
1Credits
Accounting and Auditing

Registration is Open

Members
$39.00 Regular Price
Non-Members
$59.00 Regular Price

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$20.00 Members / $28.00 Non-Members
Course Type: Webcast
Course Code: 24/AC952988
Level: Basic
Vendor: ACPEN
Field of Study: Auditing, Accounting

Overview:

With new accounting standards, the economic landscape and evolving technology, accounting, financial reporting and finance continue to grow in complexity. FASB has tried to address the growing complexity, by working towards making GAAP less convoluted.  The struggle to stay on top of accounting financial reporting requirements and finance changes due to the economy continues for several reasons. Lack of in-house SMEs, managing high volumes of transactions, and data and evolving information technology systems.

In the future, executives must consider the challenges they will face in future years that will bring their own nuances and complexities. Budgeting is certainly one of those processes that must be evaluated and re-evaluated for efficiency. This session delves into the corporate budgeting process and discusses methods used and which methods may or may not allow for the organization’s to properly plan for a volatile future.

Objectives:

  • Examine top challenges/opportunities
    • Evaluating budget uncertainty
  • Examine the types of budgeting processes
    • Incremental
    • Activity-based
    • Value proposition
    • Zero-based

Major Topics:

  • Accounting
  • Finance

Major Topics:

  • Accounting
  • Finance

Designed For:

Controllers, Accountants, Finance Professionals, Auditors

Prerequisites:

None