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. See Learning Objectives below for more details.
Learning Objectives
Understanding and Preventing Budget Calamities
Recognize and find solutions to the budget process
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
