Rolling Forecast vs Traditional Budgeting

Event Serial: WCA409210

Views: 49

31st May 2022 To 31st May 2022

Rolling Forecast vs Traditional Budgeting

Website:https://bit.ly/3wB3hMB

Contact Person - 1-661-336-9555

Event inquiry /Organizer email address - info@247compliance.us

Organized by: 247compliance.us

Topic Covered: Banking and finance, Management, Business, Human Resources

  • Event Start Date - 31st May 2022
  • Deadline for abstracts/proposals: 31st May 2022
  • Event End Date - 31st May 2022

Venue: Online event , USA

About Event:

OVERVIEW The current technology-driven turbulent business environment presents many challenges to business professionals. One primary challenge is the ability to predict and plan for the future which is unexpectedly unpredictable. Changes are constant. Companies struggle constantly to find ways to manage resources and find ways to thrive and survive in this turbulent business environment. Traditional budgeting has been overtaken by these constantly changing events and is currently outdated and irrelevant for the following reasons: Too time-consuming Based on invalid assumptions Focuses on past events, not future possibilities Creates a "use it or lose it" mentality Restricts creative thinking in resource management WHY SHOULD YOU ATTEND? Rolling forecasts are the wave of the future. They are rapidly replacing traditional budgeting. This webinar outlines the critical differences and advantages of Rolling Forecasts over traditional budgeting. It challenges, personnel responsible for managing resources to think outside the box and embrace the advantages of Rolling Forecasts. AREA COVERED Using Key Business Drivers & Cash to influence & impact the future Why Rolling Forecasts are critical in today’s turbulent environment Definition of Key Business Drivers as the basis for rolling forecasts The relevance of cash as a Key Business Driver The Five Core Components of Rolling Forecasts The use of technology in developing & implementing Rolling Forecasts Simple Techniques to make it happen Simple samples and exercises to reinforce teaching points Using “What if” analogies to validate forecasts Benefits of Rolling Forecasts Pitfalls to prevent Selling the culture changes to make rolling forecasts acceptable WHO WILL BENEFIT? Budget Analyst Financial Analyst Cost Center Managers and any position responsible for the management of resources Accounting Managers Chief Accountants Finance & Budget Managers Chief Financial Officers VP Finance Operation and Production Managers SPEAKER PROFILE Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds a MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology based company. For more detail, please click on this below link: https:bit.ly3wB3hMB Email: info@247compliance.us Tel: 1-661-336-9555 https:www.linkedin.cominwhitney-jones-873573179recent-activity



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