Course ID: CL4CSCB

Critical Skills for Budgeting Success

Budgeting is both an art and a science. Learn how to apply leadingedge tools and methods to make your planning process more strategic and your budget process more flexible. Your budget should not lead to “turf wars” over precious and scarce resources. You will experience how to build a set of decision-making processes early on and how to use them to make smart resource allocation choices that benefit your entire organization. You will also explore ways to have your planning and budgeting process work to increase the potential for higher earnings.


LEARNING OBJECTIVES
  • Identify what are the critical elements of the budgeting process in your organization.
  • Determine the key elements in building accountability.
  • Identify tools to help analyze proposals or options.
  • Determine ways to take your budgeting and planning to a higher level and solve many high-level budget problems.
  • Identify budgeted action plans, cost initiatives, and a process for calculating the return on investment for expenditures and head count increases.

MAJOR TOPICS
  • Ways to measure the impact of a strategy on firm spending
  • How nonfinancial performance impacts a budget’s success
  • Visionary and game-free planning and forecasting
  • Ways to rally and strengthen the overall process
  • Finding the right balance among people, profits, and controls

DESIGNED FOR
CFOs, controllers, financial and budget managers and analysts

FIELD OF STUDY
Finance

PREREQUISITES
At least two years' experience preparing budgets, forecasts and planning

COURSE PRODUCER
AICPA

CPE CREDITS
4.0

LEVEL
Intermediate

This course is avaliable for your group as:

Group Live
 

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