How To Plan & Monitor A Budget

If you think budgets are a huge dreaded chore, difficult to comprehend and use, or not worth the paper they're written on, this seminar is for you. In one day you'll learn practical, hands-on skills that dispel these common myths about budgets, and more.

AGENDA

This seminar will teach you how to build in contingencies and wisely plan for unforeseen circumstances, making your budget a planning tool with maximum flexibility.

You'll also learn how to plan and administer a budget within the realistic goals and objective you have set, and produce solutions that increase cooperation and teamwork with your managers.

The Budgeting Process: The Essential Concepts

• Solid reasons why good budgets lead to better, more effective management
• Proven budgeting concepts for realistic short- and long-term planning
• Proven outlines and guidelines for teh major types of budgets
• Insightful advice on understanding your organization¡äs budget philosophy
• Proven procedures that pinpoint budget goals and objectives
• Functional timetables for every budgeting action

Budget Terms and Concepts Made Easy

• Simple techniques to classify costs
• Specific definitions that pinpoint cost behavior
• Step-by-step methods for determining the break-even point
• Prudent tactics for handling unit indicators
• Down-to-earth advice on basic budgeting methods

Understand Capital Expenditures and How to Use Them to Attain Your Goals for Future Growth

• Specific terms and tactics peculiar to capital items
• Pertinent procedures for managing the many different types of capital expense
• Powerful budget principles that justify capital expenditures
• Insightful solutions to the buy vs. lease question

Budget Principles Applied to Real-Life Situations

• The power of the Sales Budget
• Production, materials, and labor budgets ¡ª the essential elements of the manufacturing plant
• Marketing budgets that meet and exceed your organization¡äs goals and objectives
• Administrative budgets that maximize efficiency without spiraling costs
• Cash budgets that harness the power of your organization¡äs resources

CPE CREDIT

Fred Pryor Seminars and CareerTrack are 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.

CPE certificates will be available 10 days after your event has ended.