CFO Series: 360 Degree Budgeting


The CFO Series provides a convenient, one-stop way for CFOs and those who aspire to be CFOs, to an entire year of CPE with a single decision.Each day consists of a subject matter expert leading discussions about four different topics.The CFO Series features high-quality presentations and an interactive, executive level colleague-to-colleague approach with case studies, group discussions, and team exercises.

Each topic and each day stands on its own.If you are not sure about making a multi-day commitment, sign up for just a single day.We think you will come back for more!

This CFO Series Day

This four-topic event focuses on improving the entire budget process including how to prevent budgeting missteps, creating budget models and how to deal with budgeting's people issues.

Topics Discussed

·360° Budgeting: Understanding & Preventing Common Budget Calamities

2 Accounting credits

Most accountants know the basics of the budget process, but is it possible to enhance the process and fatigue amongst both Accounting and cross departmental leadership.Organizations often fall into the trap of following the same steps of annual budgeting without weeding out the flaws thatcreep in.For large and small organizations looking to refresh the results, purpose, and engagement of their budgeting, several key tools will be discussed that are worth contemplating.Learn more about the process keys of successful budgets and how to balance the important technical and human components of the process.We discuss these keys in an engaging manner with thoughtfulness towards understanding our flaws and strengths, including how to build on these characteristics towards an enjoyable solutions-based method that should deliver effective results for your organization.

Topics Discussed

·What are the flaws in the budgeting process?

·Does your budget need an overhaul or just a tune up?

·What are the steps we can take to budget for economic and external factors beyond our control?

·Understanding your own leadership tendencies and applying them to your strengths?

·How to make the budget flexible

·Using traits of the balanced scorecard approach to apply to your budgeting.

·Common budgetary problems and discussion of solutions

·12 steps towards a better budget and maybe even a better you.

Objective:To understand the complex issues involved the annual budgeting process and a discussion of the best practices towards providing improvements with a solutions-based approach.

·360° Budgeting:Building Flexible Budget Models

2 Accounting credits

We can all learn from others and improve our budgeting process by listening to our colleagues' wisdom and experience.This session takes a unique review of the fundamental budget issues faced by all and walks through a detailed modeling process intended to generate discussion and best practices to improve your organization's financial planning.From the beginning of the accounting process -- 'the chart of accounts' to the end of the process -- 'the valuation of the company', the budgeting cycle via a live case model to learn best practices common to successful companies.

Topics Discussed

·How to build a flexible budget model that works?

·How the right Chart of Accounts can simply your work

·How to build a volume sensitive model?

·Budgeting to GAAP and for the Board to understand

·Efficiently modeling payroll and benefits

·Identifying controllable and uncontrollable expense

·Using key variables to stress-test your budget

Objective:To appreciate the advantages and value of a flexible budget model by using a flexible budget model. Hands-on learning how to build and use a flexible budget model.

·Managing Budgeting's Soft Side: Avoiding People Issues

2 Accounting credits

You have a fantastic budget, but certain players are not pleased. Financial plans have a technical component and human component.We can resolve some of our budget issues by exploring theprocess' human aspect.Understanding what makes you and others operate can enhance your understanding of the entire organization and build upon the respect and influence needed to navigate and lead the budgeting cycle. This session includes a case study that measures an individual's personality type and then explores how to use our strengths and weaknesses to create a


Brian Maturi

Brian Maturi, MBA, CA, has over 35 years' financial management experience in the UK and US, including five years with Deloitte Touche and over 20 years with BorgWarner, Inc. where he was a divisional VP-Finance and Corporate Director of Risk Management. His favorite topics include ERM, management accounting and currency, commodity and interest rate hedging. Brian holds a bachelor's in Economics, an MBA and is an English Institute of Chartered Accountants fellow.