Forecasting and budgeting, two words that often draw an adverse reaction from many financial professionals. Let us help you 'turn that frown upside down' with our innovative approach to planning and budgeting. We'll move beyond the traditional techniques and show you easier ways to complete the process while cutting out the political pitfalls that end up causing a lack of accountability and can be de-motivating to the staff. During the seminar we'll cover such topics as the sales/income plan, capital equipment planning, the 'one-year operating plan' (formerly referred to as a budget), the 'monthly operating plan' cash planning, risk planning and much more! Join us for this seminar as we help you streamline your forecasting and budgeting processes, which turns into a win-win for the employees and the organization.
Learning Objectives
- Develop a one-year operating plan (formerly referred to as a budget)
- Avoid the political pitfalls that often come with the forecasting and budgeting processes
- Maximize the usefulness of the forecasts developed for the organization
- Perform a financial risk analysis
- Perform an EVA analysis (PV, ROI and Modified ROI)
- Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course
Major Topics
- Sales/income plan
- Intermediate planning
- Capital equipment planning
- One-year operating plan
- Monthly planning
- Cash plan
- Risk plan
- Technology plan
