AMA's Comprehensive Budgeting Workshop

Your Immediate Take-Aways

• Use and analyze robust budgets
• Use budgeting to help determine strategic direction

Being responsible for the budgeting means you’re playing a vital role in your organization’s future. Your budget enables you to pinpoint critical variables that impact profit so your company can successfully pursue business goals and create value.

In this seminar, you will learn how to work with, develop and present budgets aligned with business strategic goals. Working in groups, you’ll gather the information you need to construct and analyze operating budgets. You’ll practice evaluating and revising your budget to increase its chances of acceptance. This is your opportunity to gain the tools and insights to craft the budget your company needs to overcome obstacles and achieve success.

• Accurately develop an operating budget based on forecasted sales, revenues and costs
• Work with a well-planned budget that clearly highlights crucial variables that impact profit
• Know the line items on the income statement, their metrics and interdependencies
• Develop high-level and alternative strategies to help your company reach specific goals
• Define variances so you can quickly implement changes to meet your company’s financial objectives
• Develop and present a well-thought-out budget that will get buy-in
• Effectively use your budget to provide strategic direction and a blueprint for the upcoming year