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Controllership Skills Update: Budgeting, Forecasting, and Big Data offer specific actions to improve your forecasting and budgeting activities. In .. Read more addition, more advanced techniques are identified for the participant's further review. Good budgets effectively allocate resources, provide information for decision-making, and an early warning system for unforeseen events. A poor budgeting process provides a false sense of security, inappropriate or inaccurate data, and re-enforces the status quo. Updated to include an exercise discussing the potential impact the recent tax regulations may have on your budget, as well as managing/using Big Data and additional industry data sources and analytical tools.
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