Budgeting: Road Map to a Successful Process

A budget requires time and a team effort to create and it should be used as a tool to guide decision making throughout the year and help maintain financial stability. We will provide a step by step process for the “team” creation of an annual budget including preparation, team selection, monitoring, controlling the budget and taking ownership of it. The workshop will also review the latest accounting technologies, i.e. budget software, that can assist in the creation and monitoring of budgets.

This workshop ideal for Executive Directors, Controllers, Board Members, Development, Program and Department Directors who are responsible for a budget.

Key Takeaways:

• Importance of a “team” approach and “ownership” of budgeting proces
• Capturing the optimal amount of detail to be used as an effective tool to help meet your goals and avoid pitfalls
• Benefits of projections and forecasting throughout the year as a result of budget vs. actual variances.
  
• Technologies that can assist in the creation and monitoring of budgets.

This workshop will be presented by Sal Virgadaula, Director of Operations, and Ryan Kubat, Senior Manager, of Kiwi Partners Inc.

Area of Excellence: Financial Management

Level: No prior knowledge (101 level): Attendees will not need significant prior knowledge of the subject area.

Please Note: This meeting is limited open to both current NPCC nonprofit members and non-member organizations and may be limited to ONE person per organization due to space constraints. If your organization is not a current nonprofit member of NPCC, you can visit http://www.npccny.org/membership/how-to-join/ for more information on joining NPCC.

Refund policy: Registrants who cancel their registration on or before 1 week will receive a full refund. Those who cancel on or before DAY PRIOR will receive a 50% refund. No refund will be made for cancellations made on or after DAY OF All cancellations must be submitted in writing.

Registration is required. Please be advised that by registering for this event, unless we hear from you otherwise, we will include you as part of our regular mailing list. By enrolling for this event, you hereby: (1) give consent for NPCC or any third parties to use your photograph or image in its print, online and video publications; (2) release NPCC, its employees and any outside third parties from all liabilities or claims that you might assert in connection with the above-described uses; and (3) waive any right to inspect, approve or receive compensation for any materials or communications, including photographs, videotapes, website images or written materials, incorporating photos/images of you. To revoke this waiver, please email Education and Training Manager, Joseph Taylor, at jtaylor@npccny.org.