Monday, June 19, 2017

Rolling Forecasts: The New Way to Budget

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Rolling Forecasts: The New Way to Budget
July
 
6
1 pm - 2:15 pm ET
Presenter: Carl Young, owner of Carl Young Consulting
Credits: CPE (Credit Details)
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Course Description
 
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
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The Presenter
About The Presenter
 
Carl Young is the owner of Carl Young Consulting, where he works as a Speaker, Trainer, Consultant and Business Coach. Mr. Young is the former CFO of a $275M high growth technology company and the CEO of a machine parts manufacturing company Mr. Young has published numerous books on finance and accounting, Carl Young's Rules of the Business Game, Finance and Accounting Made Simple, Rules and Tools for Thriving in Chaotic Times, and a handbook on Small Business Management Made Simple. Mr. Young earned his MBA and completed graduate studies in Accounting & Taxation.
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