Learn the importance of having an annual budget model to forecast not only the income statement but also the balance sheet and the statement of cash flows.
DESIGNED FOR
All accounting professionals
BENEFITS
- Go beyond the traditional budgeting approach that focuses on historical actuals (hindsight) and become a strategic partner to the business.
- Provide insight into the financial health of the company and foresight into where the company is heading.
HIGHLIGHTS
- Recognize the various end users of a three-statement model.
- Identify and comprehend historical data analysis and its importance to the budgeting process.
- Establish methods that can be used to forecast future time periods.
- Integrate best practices into building a three-statement model.
COURSE LEVEL
Basic
PREREQUISITES
Recommended to attend the August webinar on data preparation and analysis
ADVANCE PREPARATION
None