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21WX-3843: CFO Series: 360 Budgeting - Understand & Prevent Calamities (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Date Friday, February 25, 2022
Time 10:00am - 12:00pm
Central Time
Location Online
CPE credits CPE 2.0
Field(s)
of study
Accounting - Technical (2.0)
Instructor Don Minges, MBA
Executive Education, Inc.
Fees
Standard Member Fee $79.00
Standard Nonmember Fee $79.00

Description

Most accountants know the basics of the budget process, but is it possible to enhance the process to be more effective, efficient, and even fun? The traditional budgeting process can produce stale results and fatigue amongst both Accounting and cross departmental leadership. Organizations often fall into the trap of following the same steps of annual budgeting without weeding out the flaws that seep in over a number of years. For large and small organizations looking to refresh the results, purpose, and engagement of their budgeting, several key tools will be discussed that are worth contemplating. Learn more about the process keys of successful budgets and how to balance the important technical and human components of the process. We discuss these keys in an engaging manner with thoughtfulness towards understanding our flaws and strengths, including how to build on these characteristics towards an enjoyable solutions-based method that should deliver effective results for your organization.

Who should take this program?

Business leaders, CEOs, CFOs, accountants, corporate financial managers, business owners, risk managers, Controllers, public practice CPAs, entrepreneurs, consultants, and the professionals who advise them.

Major subjects

  • Identifying the flaws in the budgeting process
  • Budget overhaul versus just a tune up
  • Steps to budget for economic and external factors beyond our control
  • Understanding your own leadership tendencies and applying them to your strengths
  • How to make the budget flexible
  • Using traits of the balanced scorecard approach to apply to your budgeting
  • Common budgetary problems and discussion of solutions
  • Steps towards a better budget and maybe even a better you

Learning objective(s)

  • Identify the complex issues involved the annual budgeting process
  • Recall the best practices towards providing improvements with a solutions-based approach
  • Distinguish your own leadership tendencies and apply them to your strengths

Notes:

Course code Code 21WX-3843
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Level Intermediate
Format Group Internet Based
Prerequisites Prereq. Participants should have at least six months of professional experience and a thorough knowledge of financial accounting principles and practices
Advance
prep
None

If you have questions about this event, please call us at 952-831-2707.