August 29, 2019


Embassy Suites Huntsville
800 Monroe St SW, Huntsville, Madison County, Alabama 35801-5576

8 Total CPE Credits


K2's Budgeting and Forecasting Tools and Techniques

  • Instructor

    Brian Tankersley

Learning Objectives

  • Upon completing this course, you should be able to:
  • Utilize processes for obtaining budget data and collaborating with others when using Excel including Shared and Merged Workbooks, Excel's Audit Trail, controlling and validating data input, and collaborating with others
  • Apply various Excel techniques for interacting with the accounting system, such as Office Data Connections, Open Database Connectivity, importing text files, and linking Internet-based data into budgeting and forecasting models
  • Identify situations in which various Excel techniques are appropriately implemented, such as using Data Tables for sensitivity analysis, working with Excel's Goal Seek feature, using Solver to maximize scarce resources, working with Scenario Manager, forecasting with Regression Analysis, and analyzing risk with Monte Carlo simulations
  • Implement various Excel functions - including NPV, IRR, XNPV, and XIRR - in capital budgeting situations, and identify the various methods by which Excel computes depreciation
  • Compare and contrast Excel with other applications used for budgeting and forecasting activities and describe situations in which other solutions should be used to reduce the dependency on Excel as a budgeting and forecasting solution

Major Topics

  • Using Excel more effectively as a budgeting and forecasting tool
  • Identifying shortcomings of Excel-based budgeting and forecasting activities
  • Implementing and working with dedicated budgeting and forecasting software applications to achieve better results in less time
  • Managing risk and uncertainty in budgets and forecasts

CPE Credits Available

Total CPE
Accounting & Auditing

Embassy Suites Huntsville

800 Monroe St SW, Huntsville, Madison County, Alabama 35801-5576

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Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • Software


Fundamental knowledge of Microsoft Office Excel 2007 or newer

Advanced Preparation


Intended Audience

Business professionals involved in budgeting and forecasting activities


K2 Enterprises

This event has ended.