Event Overview
Course Description:
The traditional budgeting process starts long before the start of the fiscal year, but the last few months have taught us that we can’t possibly predict or plan for everything. However, that doesn’t mean that we can’t still have an effective budget process, as well make changes to the budget throughout the year. This presentation will cover the entire budget process, along with covering tips for flexing the remaining fiscal year budget and discuss how to effectively communicate financial and nonfinancial results to the board and other members of the management team.
Learning objectives:
• Review the key drivers to improve the budget process
• Discuss strategies for budgeting and forecasting contractual adjustments to aid in the budgeting process
• Review financial dashboards for financial and nonfinancial information and ways to communicate to the board and management
Jared Heim is the Partner-in-Charge of the Strategic Financing services for Eide Bailly, which includes overseeing all financial forecasts, debt capacity studies, market demand analysis and other financial pro-forma work. Jared has more than 16 years of experience in the healthcare industry and reviews financial feasibility studies and leads financial audits on a regular basis. He has extensive experience in budgeting, third-party reimbursement, and healthcare financial reporting.
CPE Information
CPE Credits: 1.5
Field of Study: Accounting
Level of Knowledge: Any Level
Delivery Method: Group-Internet Based
Additional Information: This is a web-group seminar. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 612.253.6628.