Mobile Edition


Rolling Forecasts Replace Budget (ACRFRB07)

 
Date:Thursday, December 21, 2017
Time:1:00 PM - 4:42 PM
(Registration at 12:30PM)
Facility:Webcast or Webinar, Online
CPE Credit:4.0 Technical Business
Instructor: John Antos
Vendor:ACPEN
Course Level:Intermediate
Early Bird Price:$129.00 FICPA Members, $159.00 Non-Members

Description:

Almost every organization realizes time and cost of budgeting is not worth the benefit. Some organizations find their budget out of date even before the year starts and most find it out-of-date by mid-year. Budgets are the 'bane of business...they are minimization exercises' per Jack Welch, form CEO of General Electric. Budgets: focus the organization backward through analysis hope to find out what went wrong are obsolete long before year end assume the world works in 4 quarters So what should an organization do to change the focus forward in this rapidly changing world?



Objectives:

  • What are problems with current Budgeting Process?

  • What are advantages of Rolling Forecasts?

  • How do you create a Rolling Forecast?

  • How does compensation change in a Rolling Forecast environment?
  • How does Leadership and Accounting Change in a Rolling Forecast environment?



    Major Topics:

  • Budgeting

  • Strategy



    Who Should Attend:
    Corporate Financial Managers

    Prerequisite:
    None

    Advanced Preparation:
    None

    Session/Options

    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.