rolling-forecasts-the-new-way-to-budget

Rolling Forecasts the New Way to Budget

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CEU Approved

  • 75 minutes

The current technology driven turbulent business environment present many challenges to business manager. One primary challenge is the ability to predict and plan for the future which is unexpectedly unpredictable. Changes are constant. Companies struggle to find ways to find manage resources and find ways to thrive and survive in this turbulent business environment.

Join this session by expert speaker Carl Young, where he will outlines the critical differences and advantages of rolling forecasts over traditional budgeting. It challenges finance personnel to think outside the box and embrace the advantage of rolling forecasts.

Session Highlights:

This Webinar will focus on:

  • Using key business drivers and cast to influence and impact the future

  • Why rolling forecasts are critical in today’s turbulent environment

  • Definition of key business drivers as the basis for rolling forecasts

  • The relevance of cash as key business driver

  • The core components of rolling forecasts

  • The use of technology

  • Simple techniques to make it happen. From dashboards to driver based forecasts

  • Simple samples and exercises to reinforce teaching points

  • Using “What If” analogies to validate forecasts

  • Benefits of rolling forecasts

  • Pitfalls to prevent

  • Selling the culture changes to make rolling forecasts acceptable

Why You Should Attend:

  • Why rolling forecasts are critical in today’s turbulent and constantly changing environment

  • The five core components of rolling forecasts with simple explanations and exercise to reinforce the learning points

  • The use of key business drivers and cash to influence and impact the future

  • The role and use of technology in rolling forecasts

  • How to use “What If” analogies to validate rolling forecasts

  • Six Step Solution to creating Rolling Forecasts

  • Two Step Solution to migrate Rolling Forecasts to Budget System

Who Should Attend:

  • Business Managers/Owners

  • Entrepreneurs

  • Financial/Business Analysts

  • CAO & CFO

  • Budget Analyst

  • Accounting Manager

  • Chief Accountants

  • Finance and Budget Manager

  • Vice President Finance

  • Budget and Resources Managers

  • Operation and Production Managers

  • COO

  • Controllers

  • Cost centre manager and any position responsible for the management of resources

  • Anyone responsible for cost centres and other resources department division etc.


Advanced Preparation: None

Program Level: Intermediate

Prerequisites: Basic knowledge of Accounting

Field of Study: Accounts


*You may ask your Question directly to our expert during the Q&A session.

** You can buy On-Demand and view it as per your convenience.

Carl Young

Carl Young

Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds an MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology-based company. He has over 25 years of senior-level business management experience. In addition, he has over 25 years of training experience in finance, accounting, and business management. Former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of the major consulting firm.

He is a member of the American Society of Corporate Controllers, Council of Experts (investment firm Gersen & Lehrman), Society of Industry Leaders (sponsored by Standard & Poors), and the National Association of Accountants.

An engaging and entertaining speaker and trainer who draws from his experience as a former CFO to make relevant teaching points. Sessions are rich in content, lively, full of energy and include lots of audience interaction. He has branded himself Mr. Simplicity! His goal is to make finance and accounting relevant to non-financial professionals using tools and techniques

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Edupliance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

For more information regarding administrative policies such as complaint and refund, please contact our offices at 844- 810-1151.

PLEASE NOTE: To receive credit through the NASBA for this program you MUST attend the Live program in its entirety and complete the required progress checks.

Number of CPE Credits Awarded for This Course: 1.5 (Accounting - 1.5)

Delivery Method: Group Internet Based

Want to attend in a Group? Call 844-810-1151 and Save upto 50%

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