Courses

Surgent's Integrated Planning, Forecasting, and Budgeting for Organizational Success

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Member Price: $159.00 Non-Member Price: $219.00

Date/Time:: Mar 21, 2025, 1:00pm–4:30pm
Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Management Advisory Services: 4.00
Fields of Study:: Advisory Services
Level:: Intermediate

Planning may be one of the most important assignments of the finance professional; however, it is often accomplished in a way that can harm the organization. In many cases, huge sums are spent only to have a planning document developed that does not serve to bring the company together, but rather causes internal division. In some situations the budget can actually harm both productivity and alignment.

This course is designed to bring planning, budgeting, and forecasting together into one fully aligned process that is easier, more efficient, and fully engages all parts of the organization. Rather than the plan being owned by the finance department, it is owned and followed by everyone from the CEO to the entry-level employee.

Objective

Implement an integrated approach to planning, budgeting and forecasting for a more uniform process throughout the organization
Avoid the political pitfalls that often come with the planning process
Maximize the usefulness of the different plans developed for the organization
Identify the differences between strategic and incremental planning
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

Differences between planning and budgeting
The business model
Strategic plan, marketing plan, and technology plan
Financial forecasting and financial risk analysis
Five-year operating plan and the sales/income plan
Intermediate planning and capital equipment planning
One-year operating plan and monthly planning
Cash plan and risk plan

Designed For

CFOs, controllers, and finance professionals

Prerequisite

Experience in financial management of a small or midsize company

Advanced Preparation

None