Building Better Budgets: Essential Skills for Non-Financial Managers

To be effective, managers need a strong understanding of planning, budgeting, and finance.

While these tasksmay seem dauntingfor non-finance professionals, they're necessary for the success and profitability of your team and organization.

This workshop will provide you with the tools, techniques, and models you need to successfullyplan, execute, and maintain your forecasting and budgeting.

Join us for the best strategies for effective budgeting and forecasting, plus:

• How to analyze revenues and expenses to keep your team agile
• Best practices for using key business drivers for your planning and budgeting
• Understanding cash flow and operating vs capital budgets
• How COVID-19 impacts your budgets and planning

Program Highlights

This program will include:

An overview of the planning & budgeting cycle

• Planning and forecasting
• Transforming plans to operating budgets
• Comparison of budgets to actual expenditures
• Analysis and reporting of revenues and expenditures

A summary of revenue, expenses, and profits - and how they're interrelated

• Essential elements of planning & forecasting using key business drivers
• Establishing planning/forecasting scenarios based on uncertainty of COVID-19
• Analyzing plans and budgets against actual expenditures
• Reporting and analyzing of financial information
• Using current plans and budgets to project the future

How to use plans, budgets, and financial information to make business decisions

• Tools and techniques to clearly create and present your budget
• Cash budgets, analysis of cash flow, and operational costs
• Fueling decisions with comprehensive metrics

ABOUT THE SPEAKER

Carl Young

Carl Young - author, expert, former CFO, CEO, and Senior Financial Associate - has over 25 years of training experience in finance, accounting and business management. Carl’s an engaging and entertaining speaker and trainer who draws from his experience as a former CFO to make relevant teaching points. Sessions are rich in content, lively, full of energy and include plenty of audience interaction.  He has branded himself as Mr. Simplicity!  His goal is to make finance and accounting relevant to non-financial professionals using tools and techniques that are simple to understand and apply. Carl stays up to date on the latest issues by participating as a member in a variety of organizations: American Society of Corporate Controllers, Council of Experts (investment firm Gersen & Lehrman), Society of Industry Leaders (sponsored by Standard & Poors), and the National Association of Accountants.