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Mastering the Applications of Budgeting While Side-Stepping the Pitfalls

Author/Moderator: Ron Rael, CPA
Publisher: AICPA
Availability: Varies by Format (See Below)
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Description

Available Formats:  Text | On-Demand | See All

This innovative course offers practical application for real-world planning and budgeting. Budgeting is often filled with inefficiencies and complications that, if not addressed, will lead to problems. This CPE course identifies the most troublesome areas and how to circumvent them. By avoiding these pitfalls, your company will have a fiscally prudent, predictable, and well-conceived budgeting process.

Topics Discussed:

  • Estimating and budgeting revenues
  • Estimating and budgeting expenses
  • Creating an environment that supports accountability
  • Developing budget reports that spur action
  • Ensuring goal execution
  • Handling unanticipated events that create budgeting havoc

Learning Objectives:
When you complete this course, you will be able to:

  • Plan, manage, and control a budget more effectively and teach others how to carry out their budgeting responsibilities.
  • Develop a realistic revenue budget.
  • Employ a cost center approach to forecasting expenses.
  • Determine if your firm’s culture enhances accountability.
  • Avoid the numerous pitfalls inherent in the budgeting and planning process.
  • Apply tools that facilitate budget revisions.

Who Will Benefit?
CFOs, controllers, financial manager and staff, and others with knowledge and experience in budgeting

Prerequisite: Experience in planning and budget preparation

Advanced Preparation: None

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NASBA Field of Study: Finance
Level: Intermediate
Recommended CPE Credit: Text - 10; On-Demand - 9
Mastering the Applications of Budgeting While Side-Stepping the Pitfalls
Text , 2014
Product# 746120
Availability: In Stock
Regular:$193.75
AICPA Member:$155.00
Your Price:$193.75
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