CPE Course Predicting the Future: 21st Century Budgets and Projections

September 15, 2017

8:30am — 4:15pm

Location Manchester

Member Price $259.00Register after August 25 and pay $279.00
Non-member Price $359.00Register after August 25 and pay $379.00

Curriculum Accounting & Audit

Field of Interest Accounting (General)

Level Intermediate

Designed For

This seminar is for those who prepare, review, evaluate and use budgets and projections.

8.00 credits

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We all make predictions in our personal and professional lives. We base our decisions to marry, buy a house, launch a new product or hire staff on expectations about the future. How can we use best practices and current research to improve our ability to predict the future?

We will examine current best practices in forecasting to help us prepare better budgets and projections. We will also examine budgeting pitfalls and ways to avoid budget traps. We will discuss the risks that cause actual results to vary from our predictions and discuss methods to deal with both known and unknown risks.


Topics Discussed:

Making Predictions
• Why great predictions are not intuitive
• How to separate correlation from causation
• How to recognize and overcome bias
• Who is Thomas Bayes and why he matters

Becoming a Great Predictor
• Why the ability to doubt helps
• Why it is better to be a fox than a hedgehog
• How non-conformists change the world
• Learn from the past without hindsight bias

Creating Great Projections and Budgets
• Why the many purposes and types of budgets and projections cause distortions
• How benchmarking and metrics have changed the budget process Why Black Swan Risks Matters
• What is Black Swan risk
• Why the risk you don’t know can hurt you
• Protect your company from unknowable risks


John F. Levy, MBA, CPA

John F. Levy is the CEO of Board Advisory, a firm that assists public companies, or companies aspiring to be public, with corporate governance, compliance, financial reporting and financial strategies. He has nine years’ experience with three large public accounting firms and served as CFO of both public and private companies. John currently sits on the boards of three public companies and three non-profits, serving as Chairman of one company and audit committee chair of another. He graduated from the University of Pennsylvania’s Wharton School of Business.close



Executive Education, Inc.

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