New
21WM-0001: How COVID-19 Broke Traditional Budgeting and What You Should Do Instead (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Thursday, May 13, 2021
10:00am - 11:00am Central Time
1 CPE (1 technical)
Too often, organizations become trapped in an operating budget developed for an expected future that never happens. When reality strikes and uncertainty unravels all those hours spent negotiating targets, what's your next step? These challenges became reality for most organizations in 2020 as COVID-19 broke the budgeting process. And unfortunately, 2021 looks just as uncertain.
Find out how to develop more effective budgeting processes that are more in line with modern-day realities and better able to respond to unexpected shifts. Gain clarity on how current budgeting practices -- which are rooted in concepts from the 1920s -- are broken for today's business world. Learn from the examples of leading-edge companies that have implemented new, better ways to plan in the 21st century.
This webinar features live instruction from top-rated speaker Steve Player.
Major subjects
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What's wrong with traditional budgeting
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Dealing with uncertainty
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Becoming future ready
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Tips for setting more effective targets
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Dynamic action planning
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Continuous resource allocation
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Rolling forecasts
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Companies that have moved beyond budgeting
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Tips for developing a winning financial planning and analysis (FP&A) function
Learning objective(s)
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Examine how traditional budgeting practices break down when faced with high uncertainty, such as what happened in 2020 and is facing us again in 2021.
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Review how companies have overcome the weakness of traditional budgeting to create more effective ways to plan.
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Learn about steps you should consider taking to dramatically improve your planning process.
Who should take this program?
CPAs, controllers, treasurers, finance managers and CFOs in business and industry
Fees
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you are a
nonmember.
If you register, you will be charged
$59.00
(Standard Nonmember Fee).
Members: Please
log in
to receive member fee.
Future Ready Finance Member Fee |
$49.00
|
Standard Member Fee |
$49.00
|
Standard Nonmember Fee |
$59.00
|