GOV2040. The CFO’s Approach to Budgeting and Forecasting

Using real-life examples from CFOs with decades of experience in nonprofit finance, this session will provide practical considerations for optimizing your budgeting and forecasting processes by recognizing there is no such thing as "one size fits all."

Learning Objectives:

• Identify expectation: From Board down to management, what’s important for you to ensure your process is efficient and effective?
• Recognize culture and values: How do your organization's culture and values shape your budgeting and forecasting/reporting processes?
• Indicate resource allocation: What's the right balance between investing in people and systems to lighten the budgeting load?
• Distingquish in the thick of it: What kind of challenges/difficulties can arise during the budgeting process and how can you manage them? You have an approved budget, now what?