This session provides insights for enhancing the preparation and utilization of budgets. Seasoned accountants will benefit from a refreshed awareness of popular techniques. Budding financial professionals will obtain novel insight regarding fundamental budgeting concepts. All participants will develop an appreciation for the holistic nature of budgeting as an integral tool for planning and control. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation you will be able to...
- State the relationship between sustainable growth, core earnings, and company cash flow
- Recognize how time assessments and customer segmentation can be used to identify cash flow negative clients.
- Identify common behavioral biases which influence how a company spends money
- List behavioral biases that prevent companies from being streamlined
- State techniques that may be used to make cost cutting a part of the company's culture and business strategy
- Identify techniques that may be used to discern whether or not additional headcount is necessary
- Recognize vertical and horizontal financial statement analysis
- List contracting and negotiation techniques
- Recognize the business cycle and how cash flow management changes during each stage
Major Topics
The major topics that will be covered in this class include:
- Decision Making Theory
- Compensation & Employee Satisfaction
- What benefits do employees care about?
- Retirement Plan Basics
- Health Insurance Basics
- Disability Insurance Basics
- Life Insurance Basics
- Fringe Benefits
- Summing It Up
