Webinar: Controllership Skills Update - Budgeting, Forecasting, and Big Data
WS780 | Course | Update | Scheduled
Description
Budgets are the vehicle for allocating resources, measuring activities, and identifying needed changes and improvements. An organization's strategy is
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.00 | Accounting |
| 1.00 | Business Management & Organization |
Designed For
Public, private and non-profit organizations and their members - CFOs, CEOs, controllers, auditors, and managers
Prerequisites
Experience and/or exposure to financial management
Highlights
- Why forecasts and budgets are frequently wrong: behavioral finance; improper goal setting, games, continuing the status quo, traditional budgeting techniques
- Incorporating strategy into budgets: improving measurement systems; common errors, developing strategies and appropriate measurements
- Expanding the budgeting framework: rolling forecasts; mission-based budgeting, zero-based budgeting, post-completion evaluations, contingency planning, black swan events, identifying improvements
- Big data: definition, challenges, goals, current uses/examples, sources of information
- Analytical tools: ration analysis, benchmarking, Pareto analysis, trend analysis, regression, simulation, dashboards
Objectives
- Understand all facets of the budgeting process
- Provide techniques to improve forecasting
- Demonstrate how a budget can be a vital tool for overall long-term improvement
- Identify immediate actions that can result in measurable benefits to an organization
- Understand management, uses, and potential benefits of big data
- Employ techniques for further research
Preparation
None
Notes
This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.
You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.
Prices
- Member (Early Bird)
- $99.00
- Non-Member (Early Bird)
- $99.00
- Member
- $99.00
- Non-Member
- $99.00