2022 - Rolling Forecast vs Traditional Budgeting

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 Traditional budgeting has been overtaken by these constantly changing events and is currently outdated and irrelevant for the following reasons: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. He has over 25 years of senior level business management experience.
For more detail, please click on this below link:
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Email: info-AT-247compliance.us
Tel: +1-661-336-9555
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