Effective budgets lead to accurate provisional billing rates that ensure total cost recovery and maximize net operating profit. In short, they provide financial guidelines, help identify and capture all costs, provide targets and goals, and plan for profitability and success. It's an important and time consuming chore. That's why many government contractors find the task of completing a budget to be overwhelming. But it doesn't have to be. If you have the correct, efficient and effective methods to gather the necessary data, creating a budget is less daunting and time consuming. During this webinar we'll show you budgeting best practices, how to align budgets with historical trends, the components of different approaches, and share templates to help you efficiently develop an effective budget.
- Describe the top-down and bottom-up methods of budgeting.
- Explain the role of historical trend analysis.
- Describe reasons for and timing of budget adjustments.
- List budgeting best practices.
- Government Contracts and & Accounting Expert
- Left Brain Professionals
Award-winning speaker Robert E. Jones shows audiences how to navigate the constantly changing legal and regulatory landscape of government contracts. In his engaging and highly rated presentations, he shares insider secrets drawn from 15 years of DoD contract and accounting experience. His proactive, decisive approach to finding opportunities and solving problems is based on experience in managing more than $400 million in federal contracts.
Mr. Jones has experience with a wide variety of speaking engagements including emcee/moderator, seminars, training, chapter meetings, and conference presentations. He engages audiences with innovative approaches to contract profitability, accounting, compliance and related topics.
The Wes... Read more
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Date & Time
Tuesday, June 15, 2021
1:00 PM EDT (see additional timezones)
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Self-Study: CPE certificates will be accessible through your dashboard immediately after passing the qualified assessment.
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