Course ID: BF-110

Budgeting, Forecasting, & Business Techniques for Accounting & Finance Professionals

The budget lies at the epicenter of the firm’s planning and control process. The quality of the firm’s management system is ultimately dependent on lucid financial plans integrated with budget-based control systems. Then it’s up to management to interpret the budget with a view towards optimizing profit, cash flow and shareholder value. In this class, you will develop budgets, using hands-on, PC-based spreadsheet techniques.


LEARNING OBJECTIVES
  • Develop major elements of the Master Budget including pro forma balance sheets, income statements and cash flow budget
  • Explore capital budgets, zero-based budgets, activity-based budgets, break-even (contribution margin) budgets, Economic Value Added (EVA) budgets and Bankruptcy Avoidance budgets

MAJOR TOPICS
  • Budget development, preparation, analysis and control
  • Pro forma financial statements
  • Identify major trends in cash budgeting and cash-flow planning
  • Develop accurate budgets that link to business and strategic plans
  • Cost control and management
  • Profit planning
  • Sales and marketing budgets
  • Financial budget-modeling tools and capital budgets
  • Improve budget planning and control systems to guide the financial future of the firm
  • Learn to control budget variance
  • Case studies and “what-if” analyses
  • Risk quantification and analysis
  • Best practices in budgeting

DESIGNED FOR
Accounting analysts, auditors, CFOs, Controllers, financial managers and operations managers

FIELD OF STUDY
Business Mgmt & Organization

PREREQUISITES
Please note: This class requires that you bring your own laptop or tablet with Excel loaded. (Laptop recommended)

COURSE PRODUCER
Business Learning Institute

CPE CREDITS
8.0

LEVEL
Basic

This course is avaliable for your group as:

Group Live
 

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Or, contact BLI: 888-481-3500 or learn@blionline.org