Building Flexible Budgeting Models: Walking Through and Crunching The Numbers
June 3, 2025
Webinar
2 CPE
Instructor
Bob Mims
Building Flexible Budgeting Models: Walking Through and Crunching The Numbers
Instructor
Bob
Mims
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: Building Flexible Budgeting Models: Walking Through and Crunching The Numbers • We can all learn from others and improve our budgeting process by listening to our colleagues’ wisdom and experience. This session takes a unique review of the fundamental budget issues faced by all and walks through a detailed modeling process intended to generate discussion and best practices to improve your organization’s financial planning.
Learning Objectives
Define the budget process
Understand varying budget cultures and choosing the right one for your organization
Walk through a 12-step cure for the typical Budgetaholic
Use Balanced Scorecard Budgeting
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
Understanding core personality types
Learning the type of person you are
Managing and coping with the budget team
Dealing with A, B and C players
Connecting through disconnection
Identifying the ‘big picture” and your communications role
Communicating so others can understand us
Understanding a presentation’s anatomy
Tips and tricks for budget presentation
Major Topics
Budget defining,
Budget cultures
Tacticle budget issues
Ideas for budget solutions and process solutions
Understanding people in the budget process
Communicating your budget to non financial types
CPE Credits Available
2 CPE
2
Accounting
Things to Know About This Course
Course Level
Intermediate
Professional Area of Focus
Accounting
Advanced Preparation
None
Intended Audience
Current and aspiring CFO's and Controllers and/or Finance related professionals involved in teh budget process
