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Event Details

Event Registration - Webinar (CPA Crossings): Driver-based Budgeting & Rolling Forecasts for Fast Analysis

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Date:
Friday, May 18, 2018
Time:
12:30 PM - 2:00 PM Mountain Daylight Time
Notes: This webinar is produced by CPA Crossings. You will receive login instructions for your webinar at least two business days prior to the program date. Please note that these instructions will be sent by CPA Crossings along with your CPE certificate upon completion of the webcast.
Overview:The annual budgeting process is often criticized as a fiscal exercise done by the accountants that is obsolete soon after it is published, prone to gamesmanship, cumbersome, not being volume sensitive, and disconnected from the strategy and needed risk mitigation spending. You can resolve these deficiencies using capacity-sensitive driver-based expense projections. Driver-based budgeting allows for quick scenario planning and far easier analysis of a growing organization whose future may look nothing like today. The budget can be periodically refreshed to create rolling financial forecasts extending beyond the fiscal year end. Learn how managerial accounting can become managerial economics. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions either during or after the event.
Major Subjects:The shift to "predictive accounting” for Decision Making, Planning, and Budgeting
  • Problems and deficiencies with the traditional annual budget process
  • How to develop a driver-based “operational budget” based on resource capacity planning
  • Classify resource capacities and their expenses as sunk, fixed, step-fixed, and variable
  • Create closed loop capacity plans
  • Demand forecasting for budgeting and rolling financial forecasts
  • Use probable scenario planning.
Objective:Understand how to create driver-based budgets and rolling financial forecasts
Designed For:CFOs, Controllers and other corporate financial professionals
Prerequisites:Some budgeting experience helpful
Advance Preparation:None
Vendor:CPA Crossings, LLC
Level:Intermediate
Member/Nonmember Fees:64 / 92
CPE:Accounting 1.5 hour(s)
Yellow Book Credit:No
Gary Cokins, MBS, CPIM
CPA Crossings, LLC

Address:
Webinar
Cancel/Transfer Policy

Cancellation or transfer requests made six(6) business days or more prior to the program, no fee assessed.

Cancellation or transfer requests made two(2) to five(5) business days prior to the program, $25 fee assessed.

Cancellation or transfer requests made one business day prior to the program, $50 fee assessed.

Day of program or no notice of cancellation, 100 percent course fee assessed.

If you transfer from an in-person class course to a webcast, the above policies apply.

Remember, the COCPA reserves the right to cancel a course seven days prior to the program date. Please keep this cancellation policy in mind when making your travel plans and airline reservations. The COCPA will not be liable for flight cancellation penalties due to our cancellation.

To cancel or transfer a course, please contact the Member Services department at 303-773-2877 or 800-523-9082.

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