November

Thursday, Nov. 9
1:00 ET
10:00 PT

Planning and Budgeting for Non-Financial Professionals

How to use “the family vacation model” to simplify professional planning and budget

In this 75-minute interactive online training, you will learn:

Basic background and understanding of planning and budgeting
Fundamentals of planning and budgeting as relates to finance and accounting
Relevant reporting review and analysis of planning and budgeting

Unleash Your Financial Mastery: Empower Non-Financial Experts for Success!

Ever wished you could confidently dissect financial statements and harness them to supercharge your resource management? Now you can. Our new program equips non-financial professionals with the essential skills and tools to seamlessly analyze financial statements. No more guessing — just pure financial prowess at your fingertips.

Elevate your role and become a trailblazer in financial resource control. In today's dynamic landscape, where resources are a rare gem but profits are the ultimate goal, a solid foundation in planning and budgeting is your secret weapon. Our program arms you with the ABCs of planning and budgeting, empowering you to make game-changing decisions with confidence.

Ignite your potential. Elevate your impact. Join us for a transformative journey of financial enlightenment. Your path to mastering financial statements, dispelling doubt, and conquering the world of finance starts here. Amplify your expertise, revolutionize your approach to planning and budgeting, and emerge as the driving force behind financial success!

Agenda for Planning and Budgeting for Non-Financial Professionals

Planning and budgeting overview to include forecasting using the family vacation model

How company goals are converted to
- - Revenue
  - Expenses
  - Profit

How goals are expressed in plans, forecasts, and specific budgets

- - Financial-revenue cash
  - Operating: groups, departments, and projects
  - Expressed as: profit or cost centers

Separate budgets

- - Projections and activity
  - Capital
  - Cash

Finance and accounting basics relating to planning and budgeting

- - Overview and understanding budgeting basics:
    - The basis for decisions
    - Control of revenue and expenses
    - Not authority to spend
    - Budgets measured against actuals

The family vacation model is used to simplify planning and budgeting to non-financial professionals

- - Family vacation plans include transportation, lodging, activities, and events
  - Review funds available to match plans
  - Adjust to match reality

Planning and budgeting simplified

- - Plans come first
  - Budget specifies plan
  - Adjust budget based on reality

Types of budget groups and how they operate in simplified terms

- - Profit centers — revenue and expenses
  - Cost centers — expenses
  - Projects: revenue and expenses or expenses only
  - Activity: same as projects
  - Capital budgets: equipment purchases
  - Cash budget: sources and uses of cash

Measuring actual performance to budgets

- - Based on chart of accounts explained
  - Review and analysis explained
  - Reforecast based on review and analysis explained

Basics of expense control explained

- - Categories of expenses explained
  - Personnel and related costs and benefits

Interactive Q&A time included

Carl will be available after the webinar to answer your specific planning and budget questions.

Carl Young is an author, speaker, trainer, consultant, and coach. He holds a 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. He is also the former CEO of his own small parts manufacturing company, as well as former senior financial associate of a major consulting firm.

Carl Young Author, speaker, trainer, consultant, and coach

Professional Certification Credit Hours Included With This Webinar

Business Management Daily is recognized by SHRM to offer Professional Development Credits (PDC) for SHRM-CP® or SHRM-SCP® recertification activities.

The use of this official seal confirms that this Activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.

Register now and receive these free bonuses!

Payroll Checklist

Every registrant will receive a copy of Payroll Checklist, a 19-page step-by-step compliance guide detailing every deadline and action item required for every pay period, month, and calendar quarter of the year. Use the checklist as a guide to total payroll compliance for the rest of the year.

A full month of access to PayrollLegalAlert.com

You'll also receive one month of exclusive access to Payroll Legal Alert – our comprehensive online resource with timely advice, helpful articles, forms, tables and charts that will help you improve every aspect of your payroll operation. So that you continue to benefit from Payroll Legal Alert, we will continue your subscription after that for the then current rate, unless you tell us "no, thanks" – your choice.

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If Planning and Budgeting for Non-Financial Professionals fails to meet your needs in any way, we will refund 100% of your tuition – every penny you paid – but your course materials and registration bonuses will be yours to keep. No hassles, no questions asked.