$0.00

Forecasting and budgeting are two words that often draw an adverse reaction from many financial professionals; let us help you turn that frown upside down with our innovative approach to planning and budgeting. We will move beyond the traditional techniques and show you easier ways to complete the process while cutting out the political pitfalls that end up causing a lack of accountability and can be demotivating to the staff. During this four-hour morning seminar we will cover such topics as the sales/income plan, capital equipment planning, the "one-year operating plan" (formerly referred to as a budget), the "monthly operating plan," cash planning, risk planning, and much more! Join us for this seminar as we help you streamline your forecasting and budgeting processes, which turns into a win-win for the employees and the organization.

Objectives

  • Develop a one-year operating plan (formerly referred to as a budget)
  • Avoid the political pitfalls that often come with the forecasting and budgeting processes
  • Maximize the usefulness of the forecasts developed for the organization
  • Perform a financial risk analysis
  • Perform an EVA analysis (PV, ROI, and Modified ROI)
  • Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course

Highlights

  • Sales/income plan
  • Intermediate planning
  • Technology plan
  • Capital equipment planning
  • One-year operating plan
  • Monthly planning
  • Cash plan
  • Risk plan

Who Will Benefit

CFOs, controllers, and finance professionals

Credits

Category Amount
Management Advisory 4.00
Printed Materials must be ordered at least ten days prior to the start of the class.

Leaders

  • Ronald Kral

    Ronald Kral is a partner of Kral Ussery LLC, a public accounting firm with a national focus on advisory services, litigation support and internal auditing. He serves public and private companies to protect and grow shareholder value, as well as non-profits and governments on internal controls to combat errors and fraud. Ron is an advisor and trainer who focuses on practical approaches anchored in professional and regulatory standards. He has worked with hundreds of clients as a public accountant offering robust solutions on accounting, auditing, controls, ethics, anti-fraud programs, governance and SEC regulatory matters. Ron formed Candela Solutions LLC in 2003, which merged to form Kral Ussery LLC in 2017. Previously, he was a general manager of a business unit for a multi-billion-dollar company traded on the NYSE and a principal consultant with PricewaterhouseCoopers (PwC) where he led operational audits and internal control projects. He began his public accounting career with a California CPA firm as a financial auditor and was responsible for signing audit opinions upon becoming managing director of the firm’s Orange County office. Ron launched his career as a performance auditor with the California State Auditor. He is a highly rated speaker and author of numerous technical articles. Ron holds an M.B.A. from Arizona State University and a B.B.A. from the University of Wisconsin-Madison. He is a member of four of the five COSO sponsoring organizations: the FEI, AICPA, IIA, and IMA.

    Back to Top