Budgeting and Forecasting

  • Accountant
  • CPA/ABV
  • CPA (CA)
  • CGFM
  • CMA
  • CPA (US)
  • CVA
  • CA - ICAEW
  • CFA
  • ChFC
  • ACCA
  • FSCP
  • CASL
  • ChSNC
  • RICP
  • WMCP
  • CIPM
  • CBA/MCBA
  • FPAC
  • CA - Ireland
  • CA - Scotland
  • CPA - Ireland
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

Budgeting and forecasting are very important aspects of business planning.

Budgets are the vehicle for allocating resources and measuring the success of selected strategies. An organization’s strategy is the primary driver of costs. To be effective, the budget must be linked to strategy and long-term plans. Numerous organizations have achieved a series of short-term targets (budgets) but failed longer-term; demonstrating the lack of this necessary linkage. Forecasting, a critical part of any successful budgeting process, can be flawed by technical errors and/or structure/emotional forces. The establishment of a system to collect, process and analyze Big Data can provide significant insights into the budgeting and forecasting process.

Good budgets effectively allocate resources, provide information for decision-making, and an early warning system for unforeseen events. A poor budgeting process provides a false sense of security, inappropriate or inaccurate data, and re-enforces the status quo.

If Budgeting and Forecasting are done right, they can help you understand and plan,

  • Where to get revenue from?
  • What sort of resources do you need in business?
  • When do you need to get the resources?
  • What marketing activities you would need?

We have included a practical example from our live class to demonstrate the process of business planning. The business is a start-up business however it will help you understand the Concepts of how do we prepare a budget from the bottom-up approach for any business. In this Finance Webinar, we will explore practical aspects of budgeting and forecasting.

Learning Objectives

  • To discuss key factors to make revenue budgets
  • To recall planning resources for business
  • To plan marketing activities for business
  • To construct future forecast and business plans

Recommended For

  • This CPE course is recommended for CPAs, CMAs, CVAs, CFAs, ABVs and any other professional those are interested in learning the concepts of budgeting and forecasting.
  • This CPD course is also good for Canadian CPAs and Finance Professionals.
  • This CPE webinar will be useful for CFOs, Financial officers and controllers, Managerial and cost accountants, financial and business analysts, Budget managers, Strategic planners, Marketing and sales managers, Supply chain analysts Risk managers, CIO, and Board of Directors.

Who Should Attend?

  • Accountant
  • Business Owner
  • Certificate in Investment Performance Management
  • Certified Management Accountant (CMA)
  • Certified Public Accountant (CPA)
  • Certified Valuation Analysts
  • Chartered Financial Analyst
  • Finance Director
  • Finance Pros
  • Financial Planner
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 2 PL Credit for Chartered Financial Analyst (CFA)
  • 2 CPE Credit of Finance for Certified Valuation Analyst (CVA)
  • 2 CPE Credit of Finance for Certified Public Accountants (CPA-US)
  • 2 CPE Credit of Planning, Budgeting, and Forecasting for Certified Management Accountants (CMA)
  • 2 CPD Credit of Finance for Accredited in Business Valuation (ABV)
  • 2 CPE Credit of Finance for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
  • 2 CPD Credit of Finance for Chartered Professional Accountant (CPA Canada)
  • 2 CRE Credit for Certified Corporate FP&A Professional (FPAC)
  • 2 CPE Credit for Certified Government Financial Manager (CGFM)
  • 2 CPE Credit for Chartered Financial Consultant (ChFC)
  • 2 CPE Credit for Financial Services Certified Professional (FSCP)
  • 2 CPE Credit for Chartered Advisor in Senior Living (CASL)
  • 2 CPE Credit for Chartered Special Needs Consultant (ChSNC)
  • 2 CPE Credit for Retirement Income Certified Professional (RICP)
  • 2 CPE Credit for Wealth Management Certified Professional (WMCP)
  • 2 PL Credit for Certificate In Investment Performance Measurement (CIPM)
  • 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
  • 2 CE Credit for Certified Wealth Strategist (CWS)
  • 2 General Credit for Accountant/Bookeeper
  • 2 CPD Credit for CA - ICAEW
  • 2 CPD Credit for Chartered Certified Accountants (ACCA)
  • 2 CPD Credit for Chartered Accountants - Ireland (CAI)
  • 2 CPD Credit for Chartered Accountants - Scotland
  • 2 CPD Credit for CPA - Ireland

Additional details

  • Course Level :
    Basic
  • Credits :
    2
  • Instructional Method :
    Group Internet Based
  • Pre-requisites :
    None
  • Advance Preparation :
    None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

Presenter

About Presenter

Manish Gupta

Founder & CEO, VITTPRO

Energetic, ambitious and Result-oriented professional, offering +15 years of extensive experience in Management, operations, Finance, Audit, Risk management, marketing and Customer experience.

Manish has hands-on experience in Monthly Reporting and Pnl Analysis, Budgeting and strategic planning.

Passionate for learning and development, thinking in innovative and non-traditional ways, Manish is your business partner for growth.

Manish is experienced with leading projects for change. He has led ERP implementation for 16 hotels in Htoo Group.

Manish is focused, display positive attitude and Topline growth approach towards business problems. He believes in efficiencies and lean management.

He is also on his Entrepreneurial journey and founded https://ehotelmanagementschool.com for sharing knowledge and experience via online classes and sessions. Startup also help small hotels and other startups with finance and management consulting.

About Company

VITTPRO

Vittpro is professional accounting and finance company for helping small business manage their accounting and finance function with ease and gain insights from data.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.

Ratings and Review

3.8

18 Ratings

Excellent

4

Very Good

11

Average

1

Poor

0

Terrible

2

JI

Joseph Iwuala, Accountant, CPA (US)

Oct 27th, 2021

Very educative.

ME

Meghan Ekholt, CPA (US)

Oct 27th, 2021

This was a bit higher of an overview of the process than what I was looking for. The speaker had a strong accent and at times it was difficult to understand exactly what he was saying. Otherwise, the presentation was very informative, and the presentation slides were useful.

CC

Catherine Catherine.brown118@gmail.com, CPA (US)

May 31st, 2022

Great material. Hard to understand instructor. He spoke well but very fast and I had a hard time understanding what he was saying.

DS

Darlene Spohrer, CPA (US)

Jul 1st, 2022

My CPE platform course is very cost effective to earn CPE credits.

JC

Juli Comeaux, CPA (US)

May 3rd, 2022

Enjoyed the subject.

Budgeting and Forecasting CPE Course

PREMIUM

2 Credits

Subject Area

Finance

Upcoming Webinars

IRS Delinquent Return Investigations
  • 4.3
  • (15)

Aug 16, 2022 | 01:30 PM EDT

Understanding Credit Card Frauds: 2022 Update
  • 4.2
  • (10)

Aug 16, 2022 | 03:00 PM EDT

Tax Aspects of Gifting a Home
  • 4.6
  • (34)

Aug 16, 2022 | 03:00 PM EDT

Healthcare Fraud
  • 4.2
  • (5)

Aug 16, 2022 | 03:00 PM EDT

Thinking and Acting Strategically as CFO
  • 3.8
  • (6)

Aug 16, 2022 | 04:00 PM EDT

Excel Accountant: What-If Analysis
  • 4.4
  • (19)

Aug 17, 2022 | 10:00 AM EDT

IRS Statutes of Limitation
  • 4.5
  • (28)

Aug 17, 2022 | 10:00 AM EDT

We use cookies to make your experience on this website better