Myths of Budgeting and How to Overcome Them (MLA518A)


Budgeting: It’s About Leadership, Not Money

There are many deep-rooted misunderstandings about budgeting, which is the main reason why the practice is often misunderstood and undervalued. The truths about budgeting are not found in classes and books about money, however. And the reason most organizations’ budgeting is flawed is due to a failure to view the practice from the perspective of leadership—not cash.

Join business and finance industry expert Ron Rael as he unveils a new way to strengthen your budgeting method by making it a responsive process that works through continuous improvement and feedback. This practical-minded program will present specific solutions to budgeting challenges, including the revenues budget, the expense budget, and budget accountability.

After attending this audio event, you will be able to apply 5 strategies to change your budgeting perspective from short-term to long-range, employ 18 critical techniques to understanding your company’s financial risks, and ultimately build a realistic—and honest—budget. Plus, you’ll be able to spot flaws in your organizations’ current budgeting practices and know how to correct them. And you’ll be equipped to include your team in your efforts by understanding how to craft a reward structure that ensures accountability and focus. Budgets begin and end with leadership—once you learn that, you’ll be able to see the task from a new, productive, and revenue-building perspective.

Session Highlights

Here is a taste of what you will uncover:

NASBA Category of Study: Accounting

Level: Basic to Intermediate

Who Should Attend

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*Single User Price. For multiple users please call 1-800-223-8720

Watch the Video Snippet Before You Buy!
Presenter

Ron Rael is usually irreverent, sometimes satirical, and always provocative!

Ron brings forth fresh perspectives and amazing insights to leadership. He emphasizes how good and bad leadership affects the issues and challenges you face. He offers solutions that address the human element of business and tools... More info

 


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