BFDM
SURGENT McCOY'S COMPLETE GUIDE TO
BUDGETING AND FORECASTING FOR DECISION MAKING
Learning Objective:
The
purpose of this course is to provide CPAs with a firm foundation in
budgeting and forecasting and to explain how they are integral to the
sound financial management of a business.
Major topics include:
- A high-level discussion
of the various business theories of inventory management consulting,
project management for decision making, and effective business performance
management that are critical in influencing and shaping the sound financial
management of a firm's business
- Strategic planning
-- The focus on trends and compensation structures that are targeted
at profitability and improved returns
- Budget development
based on historical relationships are integrated with strategic plans
- Forecasting --
Understanding and managing the capital and operating costs necessary
to improve your competitive advantage and market penetration
- Budgets -- Developing
and evaluating the tools necessary in managing your cash flows, variable
and fixed costs, and financial performance
- Reporting -- Historical
and performance trending for evaluation and management of business operations
and financial decision making
- Budget modeling
using simulation techniques
CPE Credit: 8 hours
Level
of knowledge: Basic
Field
of study: Finance
Prerequisites: None
Advance Preparation: None |
