Advanced Enterprise Budgeting and Forecasting

Presenter
Michael McLin, Managing Director, Maxim Consulting Group

Today, more than ever, Chief Financial Officers need to increase their sophistication in linking business strategy to budgeting and forecasting. This presentation will help you gain a better understanding of the bottom up approach to budgeting using marginal contribution and return on equity principles.

With this knowledge, you will be in a better position to establish realistic budgets and evaluate your stretch goals with a new lens. This session also covered:

• How to effectively communicate budgets and create ownership
• Best practices for buy-in of the operations group
• Forecasting results against budget
• Effective cash flow forecasting
• Key metrics to managing and monitoring cash flow on the balance sheet and income statement