Understanding and Preventing Budget Calamities WEBCAST

Overview

The budgeting process can be a time consuming and frustrating process for accountants. The constraints and pressures can lead to poor decisions in both the technical and human components. This session will cover how to understand and prevent budget calamities. Most of us lead or participate in the budget process at least annually. Inherent flaws exist in the standard budget building process that you can solve by recognizing them and committing to solutions.

Highlights

Tactical budget issues. Ideas for budget solutions and process solutions.

Prerequisites

None.

Designed For

Current and aspiring CFO’s and controllers involved in the budget process.

Objectives

How to build a model that works. How the right Chart of Accounts can simplify your work . Building a volume sensitive model. Budgeting to GAAP and for Board understanding. Efficiently modeling payroll and benefits. Identifying controllable and uncontrollable expenses. Using variables to stress test your budget.

Preparation

None.

Notice

None.