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...
- Indicate how different stakeholders utilize financial statements
- Recognize how flexible budgeting may be used by CFOs and Controllers
- Recall how time series analysis and common size financial statements are used in trend analysis
- Calculate liquidity, leverage, and profitability ratios
- Identify the uses and limitations of ratio analysis
Major Topics
The major topics that will be covered in this class include:
- How do I optimize cash flow?
- Qualitative Evaluations – Core Earnings & Sustainable Growth
- Quantitative Evaluations – Liquidity Ratios
- Increasing Customer Base vs. Payment Terms
- Business Cycle & Cash
- Investing Company Cash
- What keeps companies from becoming streamlined?
- Behavioral Finance Biases
- Information Processing Biases
- Emotional Biases
- Dealing with Behavioral Biases
