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...
- Evaluate the relationship between financial success and ethics
- Identify the characteristics that make the CPA credential unique compared to other financial designations
- Compare and contrast the AICPA Code of Professional Conduct to the ethics codes of other financial professionals
- Analyze the steps in the AICPA Code of Professional Conduct Conceptual Framework Approach
- Recognize the key issues currently being addressed by the AICPA Professional Ethics Executive Committee
- Recognize the key factors that influence employee behavior according to research
- Identify the key factors of ethical communication that increase trust
- Indicate how the concept of ethical communication can be applied within the context of a difficult conversation
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
