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K2's Budgeting and Forecasting Tools and Techniques Webinar


Oct. 23
8:00 a.m. - 3:30 p.m.

CPE Credits



PICPA Member: $295 | Nonmember: $400

 More Information

Course No.
Fundamental knowledge of Microsoft Office Excel 2007 or newer.


Utilize processes for obtaining budget data and collaborating with others when using Excel including Shared and Merged Workbooks, Excel's Audit Trail, controlling and validating data input, and collaborating with others.Apply various Excel techniques for interacting with the accounting system, such as Office Data Connections, Open Database Connectivity, importing text files, and linking Internet-based data into budgeting and forecasting models.Identify situations in which various Excel techniques are appropriately implemented, such as using Data Tables for sensitivity analysis, working with Excel's Goal Seek feature, using Solver to maximize scarce resources, working with Scenario Manager, forecasting with Regression Analysis, and analyzing risk with Monte Carlo simulations.Implement various Excel functions – including NPV, IRR, XNPV, and XIRR – in capital budgeting situations, and identify the various methods by which Excel computes depreciation.Compare and contrast Excel with other applications used for budgeting and forecasting activities and describe situations in which other solutions should be used to reduce the dependency on Excel as a budgeting and forecasting solution.


Are your budgeting and forecasting processes working as well? Many organizations report that budgeting and forecasting activities consume tremendous amounts of time and yield only marginal benefits. Learn to achieve greater returns on your budgeting and forecasting activities by taking advantage of various tools and techniques available in today's market.Utilize Excel more effectively for budgeting and forecasting activities, and explore other tools, such as Budget Maestro, PROPHIX, and Host Analytics.See how reducing your dependency on Excel can lead to better results. Discover how to account for risk and uncertainty in your budgeting and forecasting models. Learn why doing so is a best practice for more meaningful budgets and forecasts.


Thomas G. Stephens, Jr., CPA.CITP

    • Bachelor of Science in Business Administration, Major in Accounting,Auburn University
    • Master of Science, Major in Finance (emphasis in Corporate Finance), Georgia State University
    • Twenty-five Years of Public Accounting Experience, Five Years of Corporate Internal Auditing Experience, Four Years of Corporate and Cost Accounting Experience
    • Nineteen Years of Experience as a Continuing Professional Education Discussion Leader
    • Member of the American Institute of Certified Public Accountants and the Georgia Society of Certified Public Accountants; Past Member of the Institute of Internal Auditors
    • To Date, Has Presented Over 1,800 Continuing Education Sessions to Over 55,000 Participants

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