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Driver-based Budgeting & Rolling Forecasts for Fast Analysis

 
 Tuesday, Dec. 11, 2018 from 11:00 am to 12:30 pm
 Online
 
1.5
19 / 2-50871
Registration is Open
VSCPA Members
$64.00 Regular Registration
Nonmembers
$64.00 Regular Registration
Designed For:
Understand how to create driver-based budgets and rolling financial forecasts
Prerequisite:

Some budgeting experience helpful

The annual budgeting process is often criticized as a fiscal exercise done by the accountants that is obsolete soon after it is published, prone to gamesmanship, cumbersome, not being volume sensitive, and disconnected from the strategy and needed risk mitigation spending. You can resolve these deficiencies using capacity-sensitive driver-based expense projections. Driver-based budgeting allows for quick scenario planning and far easier analysis of a growing organization whose future may look nothing like today. The budget can be periodically refreshed to create rolling financial forecasts extending beyond the fiscal year end. Learn how managerial accounting can become managerial economics.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions either during or after the event.

Related Events

The Virginia Society of CPAs (VSCPA) 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: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.