Description

You've been tapped to create the forecast process for your division. Now what? Even if you understand the basics, what can you do to make the process faster? More efficient? Cleaner? More accurate? Just better? We'll discuss best practices in budgeting and forecasting, along with some tips and tricks to make your product the best it can be. This course is a facilitated walk-through of the forecasting process using one division's product or service.

Learning Objectives:

• link the forecast to the strategic plan
• distinguish between planning for the short-term and the long-term
• forecast and maximizing revenues
• forecast and minimizing expenditures
• identify variables and assumptions that impact revenues and expenditures
• identify drivers of performance results
• diagnose the root causes of not meeting forecast and responding promptly

Program Knowledge Level: Intermediate NASBA Field of Study: Accounting Formal Learning Program Type: Group, Self Study Learning Format: Webinar or In-Person Who Should Attend: Managers seeking to tighten up their forecasts and budgets Prerequisites: Two years of professional experience Advance Preparation: None Recommended CPE Credit: 8 Hours Instructor: Leita Hart-Fanta, CPA Questions? You can find our FAQ here.