Budget Mastery: Walkthroughs and Real World Calculations Towards Tying Budgets To Value WEBCAST

Overview

This session takes a unique review of the fundamental budget issues faced by all and walks through a detailed modeling process intended to generate discussion and best practices to improve your organization’s financial modeling. You will review the budgeting cycle from beginning to end, via a live case model to learn best practices common to successful companies.

Highlights

How to build a flexible budget model that works. What are the steps we can take to budget for economic and external factors beyond our control. How the right Chart of Accounts can simply your work. Budget and GAAP are not the same and why they are fine not to be. Efficiently modeling payroll and benefits. Identifying controllable and uncontrollable expense. Using key variables to stress-test your budget.

Prerequisites

None.

Designed For

Current and aspiring CFO’s and controllers and/or finance related professionals involved in the budget process.

Objectives

How to build a model that works. How the right Chart of Accounts can simplify your work. Building a volume sensitive model. Budgeting to GAAP and for Board understanding. Efficiently modeling payroll and benefits. Identifying controllable and uncontrollable expenses. Using variables to stress test your budget.

Preparation

None.

Notice

None.