Total Credits: 2 including 2 Accounting - Technical
All we really know is the past, but all that really matters is the future. How can you take the historical knowledge you have about your company, its performance, your competitors, your industry and the economy to help your company plan for the future? In this session, John F. Levy will examine current budgeting and forecasting best practices as well as the critical roles of strategic planning and risk management in developing best projections. He will look at the many uses of projections from cash management to compensation.
*Discuss why budgeting is essential for every enterprise and why the risk we don't know might be the most important
*Explore the critical roles of strategic planning and risk management in developing best projections
*Discover the many purposes and types of budgets and projections and how the many uses of budgets and projections can cause distortions
*Learn how budgets affect actions and how to avoid common budgeting mistakes
*Discuss how to project revenue and expenses and how benchmarking and metrics have changed the budget process
*Strategic Planning
*Forecasting
*Risk Management
*Projections
Course Materials (3.73 MB) | 17 Pages | Available after Purchase |
Creating Better Budgets_Q&A (0.01 MB) | Available after Purchase |
Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (0.47 MB) | Available after Purchase |
John F. Levy, MBA, CPA, is the CEO of Board Advisory Services, a consulting firm that assists public companies, or companies aspiring to be public, with corporate governance, compliance, financial reporting and financial strategies. He has nine years of experience with three large, national accounting firms and has served as CFO of both public and private companies. John currently serves on the Board of Directors of three public companies, including as vice-chairman of one company and audit committee chair of another. He graduated from the University of Pennsylvania's Wharton School of Business.
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Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
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