Webinar Details
Course Description
CVP and break-even analysis are incredibly useful tools that finance professionals use throughout their careers. The formula is simple but powerful. The CVP formula is the basic equation that determines almost every line of the income statement. It's the formula that drives projections, forecasts, and budgets. The formula can be used for a wide range of analyses that answer key business questions.
The webinar begins with a quick overview of how CVP analysis is used to calculate profitability and how break-even analysis can help you find a target sales volume. We also explore some key questions it can answer. The rest of this webinar dives deeper into these concepts. We'll look at the CVP and break-even formulas in more detail and how to use them. I'll show how they can help inform business decisions.
This course provides the basics for those new to CVP while providing insights to those with experience with CVP and break-even analysis.
Learning Objectives
- Recognize the CVP and break-even formulas.
- Identify how to calculate the break-even point for multiple products.
- Discover how costs and profits change across the relevant range of analysis.
Prerequisites
- None
Who Should Attend
CPAs, accounting/finance professionals who work in finance.
Advanced Preparation
None
Presenter Details
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Robert Stephens
- Presenter
Rob Stephens is the Founder of CFO Perspective, which provides continuing education courses for CPAs and financial management courses for business advisors and staff. He has been quoted in Forbes, U.S. News and World Report, Business Insider, Business News Daily, and many other news sources. Rob has a 20-year career that includes serving as CFO for two banks and a health clinic system. He was also Director of Operations at a $4 Billion bank and SVP of Finance of a $2 Billion credit union, where he was Program Manager of an investment advisory group with $170 Million in assets under management. Rob is an adjunct instructor for the MBA program at Gonzaga University.
Rob holds a Masters of Science in Personal Financial Pla... Read more
NASBA Sponsor
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Encoursa is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org.
Date & Time
CPE
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