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Course Level :Basic
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Credits :2
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Instructional Method :Group Internet Based
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Pre-requisites :None
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Advance Preparation :None
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,
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.
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.
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.
Vittpro is professional accounting and finance company for helping small business manage their accounting and finance function with ease and gain insights from data.
18 Ratings
JI
Oct 27th, 2021
Very educative.
ME
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
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
Jul 1st, 2022
My CPE platform course is very cost effective to earn CPE credits.
JC
May 3rd, 2022
Enjoyed the subject.
2 Credits
Subject Area
Aug 16, 2022 | 03:00 PM EDT
Aug 16, 2022 | 03:00 PM EDT
Aug 17, 2022 | 09:00 AM EDT
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Aug 17, 2022 | 09:30 AM EDT
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