Forecasting and Budgeting

Managing a Budget-Less Organization: Holt CAT's Experience

Course Overview
Despite its inflexibility, the budget process remains a cornerstone of most companies' management system. But is it possible to base corporate goals on maximizing performance potential? In this program, Paul Hensley, chief financial officer at HOLT CAT, describes the advantages, as well as the challenges, of running a budget-less organization.

Learning Objectives:

After completing this course, the course participant should be able to:
  • Recognize why beyond budgeting is a relative improvement contract;
  • Define the role that benchmarks and metrics play in forecasting;
  • Identify why banks and lenders appreciate forecasts.

  • Content Partner:

    SmartPros Ltd.

    SmartPros Ltd. is a leader in online and offline continuing education for
    accounting, finance and engineering professionals. With over 2,000 hours of
    content, SmartPros has been providing mandatory continuing education
    products since 1981. SmartPros provides services and content to its
    professional and corporate clients, in a variety of media including Web, CD
    ROM, and video. In the accounting market, SmartPros also has a predominant
    news and information portal which receives 200,000+ visits per month and
    provides services to over 100,000 subscribers. SmartPros' customers include
    50% of the Fortune 500, as well as the major firms and associations in each
    of its professional markets.

    Prerequisites/Advanced Preparation:

    Work experience in a corporate staff position, or an introductory course in finance

    Speaker / Author:

    SmartPros Ltd.

    Software & Hardware Requirements:

    • 56k or Greater Internet Connection
    • Adobe Acrobat® Reader for the .pdf files
    • Adobe® Flash® Player 9 or higher
    • Modern DHTML Compatible Browser
    • Ram: 256 MB minimum
    • Sound card with speakers/headphones
    • Windows or Mac OS


    Price (USD)

    Standard Rate: $24.95


    Course Code : 99SPK04

    Release Date : 02/21/2014
    Expire Date : 11/01/2020
    Credits :
    CPE 1.00
    QAS 1.00

    Course Level : Update
    Course Type : New Standards
    Length : 50min
    Passing Grade : 70%
    Field Of Study : Finance
    Theme : Forecasting and Budgeting

    Format Type : eLearning
    Mobile Compatible

    Returning Subscribers

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