Thursday, June 20, 2024
2:30-5 PM (EDT), 11:30-2 PM (PDT)

Developing an enterprise budget involves a three-step process that includes setting volume expectations, determining overhead labor, and budgeting the overhead expenses.

In this course, learn how to implement a well-defined business plan that includes the creation of an enterprise budget, along with a backlog and burn-off schedule. You’ll also learn how to effectively utilize a backlog and burn-off schedule to forecast and anticipate volume that isn’t currently under contract.

After completing this course, you will be able to:

• Outline the processes, tools, and strategies used in developing enterprise budgets as part of the company’s business plan.
• Learn how to include both current and projected backlog in your backlog and burn-off schedules.
• Understand how the backlog and burn-off schedule integrates with the budgeting process.

Level & Prerequisites
This is a group internet-based course at the Basic Level. No prerequisites or advanced preparation is required.

CPE Information
Earn 2.5 CPE credits in the field of Accounting. Please note that CPE credit can only be earned by attending the live session and is not available by watching the recording.

CCIFP Information
Earn 2.5 CCIFP Professional Development credits toward the General or Construction Knowledge Requirement.

Who Should Attend?

• Business Owners
• CFOs
• Construction financial professionals with less than three years of experience in the industry
• Controllers
• CPAs
• Other professionals (insurance, surety, banking, etc.) who need a better understanding of sound cash management principles

Price

• $110 for CFMA Members
• $150 for Non-Members

Mary Davolt, CCIFP, Advisor, Consultant

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