Build Better Budgets: Fundamental Techniques

Overview

This session provides insights for enhancing the preparation and utilization of budgets. Seasoned accountants will benefit from a refreshed awareness of popular techniques.  Budding financial professionals will obtain novel insight regarding fundamental budgeting concepts. All participants will develop an appreciation for the holistic nature of budgeting as an integral tool for planning and control. 

Objectives

• Recognize the importance of budgeting
• Identify components of a master budget
• Distinguish the utility of flexible budgets
• Analyze the role of variances
• Apply capital budgeting techniques

Highlights

• Advantages of budgeting
• The role of budgeting
• Master budgeting
• Flexible budgeting
• Standards and variances
• Capital budgeting

Designed For

CPAs in public practice or members in industry who want to enhance budgeting skills

Prerequisites

Basic knowledge of financial statements

Preparation

None

Notice

Your webinar can be accessed via https://ctcpas.acpen.com/Account/login. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.