Rolling Forecasts: The New Way to Budget | | | | | | | October | | 26 | 1 pm - 2:15 pm ET | | | | | | | | | In this interactive webinar, you'll learn about the advantages of rolling forecasts over traditional budgeting, and receive step-by-step guidance on how to create your own rolling forecast.
Upon successful completion of this course, participants will be able to: - Identify key differences between traditional budgets and rolling forecasts
- Indicate the disadvantages of traditional budgets, including that they often:
- Are time consuming
- Are based on assumptions that may not be valid
- Focus on past events rather than future possibilities
- Create a "use it or lose it" mentality, and
- Restrict creative thinking in resource management
- Describe how to use key business drivers & cash to influence the future
- Explain why rolling forecasts are critical in today's turbulent environment
- Be able to create your own driver based forecasts
- Recognize pitfalls and how you can prevent them
- Be able to "sell" rolling forecasts to your company
Course Reviews from Past Attendees
"A good introduction to the topic." "He simplified the concept (but not in a condescending way in a more understandable way)." "New subject for me--very good." "Material was presented well." "I liked the interesting topic." "I appreciated Carl's reasoning of how to view your business from a standpoint of focusing forward and not being tied to historical data." "Very applicable to my job." "Provided an excellent overview." | | | | | | | Carl Young is the former Chief Accountant and CFO of a $275M high growth technology company. Mr. Young has personally developed and used rolling forecasts to replace traditional budgeting. He is currently the owner of Carl Young Consulting, where he works as a turn-around consultant and business coach. An engaging presenter, Mr. Young is the author of Finance and Accounting Made Simple and Rules and Tools for Thriving in Chaotic Times, among other books. Mr. Young is also a Gerson Lehman Group Scholar and member of Standard & Poor's Society of Industry Leaders. He has an MBA in Accounting & Taxation. | | | | | | | | | ● Earn continuing education credit for no additional fee ● Access courses on your computer, tablet, or smartphone ● More than 75 live webinars each month ● More than 850 on-demand courses | | | | | | |
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