Innovative Forecasting & Budgeting: Moving Beyond Trad. Techniq. [IFB4]

Aug 8, 2018
Time: 8:30am - 12:00pm


Industry / Finance

Credit Hours:



Member: $150.00
Non-member: $225.00

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Discussion Leader:

Jeffrey Lieman, CPA    more info

Lieman Associates LLC / Owings Mills, Maryland

Jeff Lieman currently heads his own consulting firm in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms and their clients on matters related to US and international accounting principles, auditing standards, governmental auditing standards, and business planning services. Jeff’s previous experience included serving as the Chief Financial Examiner for the Maryland Insurance Administration and being a Director for Ellin & Tucker, Chartered. As the Chief Financial Examiner, Jeff was responsible for the solvency examination of the Maryland domestic insurance companies. While Jeff was a Director for Ellin & Tucker, Chartered, he developed two new niche areas for the firm and supervised numerous audit service engagements. Jeff trained staff in many areas of accounting, administration and consulting and provided training services on a national level to other organizations. He reviewed numerous accounting systems and assisted in the selection and implementation of automated systems, helped develop policies and procedures for technology usage, work paper development, administrative procedures and other office policies, and also provided Peer Review Services (SEC section). Jeff also served as a Senior Manager with KPMG/Baltimore. At KPMG he maintained client relations, marketed audit, tax and consulting services, and managed audit related services for publicly traded and privately held entities. His clients have included real estate ventures, printing and publishing companies, electronic manufacturers, wholesale distributors, retail stores, financial institutions, construction contractors, Governmental units, and various nonprofit organizations.

Mr. Lieman has been a national trainer for KPMG where he developed training materials for staff and instructors and is recognized nationally as a lecturer for various accounting, auditing and technology topics and has been quoted in various trade journals. He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.

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Website registration for this course closes on August 1, 2018. To register after this date please contact the society at or 907-562-4334.

Full Description

Innovative Forecasting & Budgeting: Moving Beyond The Traditional Techniques (IFB4)

August 8, 2018

Alaska Society of CPAs Office
2600 Cordova Street, Suite 211
Anchorage, AK

For registrations received less than 21 days from the course date will be charged a late fee of $50 for each 8 hour course and $25 for each 4 hour course and $12.50 for each 2 hour course.

Forecasting and budgeting are two words that often draw an adverse reaction from many financial professionals; let us help you turn that frown upside down with our innovative approach to planning and budgeting. We will move beyond the traditional techniques and show you easier ways to complete the process while cutting out the political pitfalls that end up causing a lack of accountability and can be demotivating to the staff. During the seminar we will cover such topics as the sales/income plan, capital equipment planning, the "one-year operating plan" (formerly referred to as a budget), the "monthly operating plan," cash planning, risk planning, and much more! Join us for this seminar as we help you streamline your forecasting and budgeting processes, which turns into a win-win for the employees and the organization.

Major Topics:
-Sales/income plan
-Intermediate planning
-Technology plan
-Capital equipment planning
-One-year operating plan Monthly planning
-Cash plan
-Risk plan

Learning Objectives:
-Develop a one-year operating plan (formerly referred to as a budget)
-Avoid the political pitfalls that often come with the forecasting and budgeting processes
-Maximize the usefulness of the forecasts developed for the organization
-Perform a financial risk analysis
-Perform an EVA analysis (PV, ROI, and Modified ROI)
-Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course

Designed For: CFOs, controllers, and finance professionals

CPE Credits: 4, Industry / Finance

Level of Knowledge: Intermediate

Prerequisite: Experience in financial management of a small or mid-size company

Acronym: IFB4

Discussion Leader: Jeffrey Lieman, CPA