Webinar

Rolling Forecasts Replace Budget

Almost every organization realizes time and cost of budgeting is not worth the benefit. Some organizations find their budget out of date even before the year starts and most find it out-of-date by mid-year. Budgets are the 'bane of business...they are minimization exercises' per Jack Welch, form CEO of General Electric. Budgets: focus the organization backward through analysis hope to find out what went wrong are obsolete long before year end assume the world works in 4 quarters So what should an organization do to change the focus forward in this rapidly changing world?

Objectives

*What are problems with current Budgeting Process?

*What are advantages of Rolling Forecasts?

*How do you create a Rolling Forecast?

*How does compensation change in a Rolling Forecast environment? *How does Leadership and Accounting Change in a Rolling Forecast environment?

Highlights

*Budgeting

*Strategy

Additional Information

Designed For

Corporate Financial Managers

Vendor

ACPEN

Advanced Preparation

None

Prerequisite

None

Field of Study

Finance

Course Number

171349848

Level of Knowledge

Intermediate

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