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The Controllership Series - The Controllers Role in Financial Forecasting

Friday, Jan. 29   4:00pm - 5:23pm

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1.50 Credits

Member Price $79.00

Non-Member Price $99.00

Overview

Financial forecasting is an important part of any successful business. It enables businesses to plan for the future and anticipate scenarios based on strategy. The controller helps forecast financials by calculating future revenue and income streams. In recent years, corporate finance has undergone many dramatic changes due to the growth of a number of high-tech tools. The responsibilities/competencies of the Financial Controller position (FC) has changed in recent years To maximize performance, Controllers must be aware of how the FC position is changing, and how they must adjust to these changes. There are many types and methods of financial forecasting. This course will review the most prevalent forecasts and relative methods being used.

Objectives

  • Discover and define financial forecasting
  • Identify the types of financial forecasting
  • Recognize the quantitative steps to creating a pro forma statement
    • Pro forma forecasting using percent of sales
    • Forecasting using straight line and moving average
  • Recognize the qualitative steps
    • Financial forecasting using linear regression
    • Financial forecasting using the Delphi method

Highlights

  • Accounting
  • Finance

Designed For

Controllers, Accountants, Finance Professionals, Auditors

Prerequisites

None

Preparation

None

Notice

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

Leader(s):

Leader Bios

Lynn Fountain, CGMA, CRMA, MB, AICPA

Lynn Fountain, CGMA, CRMA, MBA

Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.

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Non-Member Price $99.00

Member Price $79.00