Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course examines how organizations can implement an effective budgeting and forecasting program.
When the budgeting and forecasting process is performed properly it can add a lot of value to an organization. This course examines how organizations can implement an effective budgeting and forecasting program and avoid so many of the pitfalls that plague this process.
Key Takeaways
By the end of this course, you will be able to:
- Distinguish between a budget and a forecast.
- Identify the advantages, and pitfalls, of the budgeting & forecasting process.
- Define capital, operational and cash flow budgets.
- Use the budget to identify the internal and external drivers of business value.
- Link decision-making in the budgeting process with profitability.
- Engage all departments in the organization in the process.
- Identify budget drivers for non-financial matters such as Environmental, Social and Governance (ESG).
Who Will Benefit
Business managers, financial analysts and decision makers who need a clear understanding of how to build budgets, amend forecasts and act as trusted advisors to the business units of the organization.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Philip Maguire is a Chartered Professional Accountant and Chartered Accountant who received his designation while employed at Ernst & Young (formerly Clarkson Gordon) and a Certified Information Systems Auditor finalist. Philip is a principal in Glenidan Consultancy Ltd., an accounting practice that specializes in Compliance and Internal Audit. Philip has over 30 years of business experience in Canada, Hong Kong, the Philippines, Ireland and the United States. His organization has implemented a number of assignments across a variety of industries for companies with market capitalizations ranging from $50 million to $2 billion. Before he formed Glenidan Consultancy in 2005 Philip was a Vice-President of Finance at one of the country's largest financial institutions. Philip has spoken at a number of accounting conferences across Canada.