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DTSTART;TZID=America/Detroit:20260630T120000
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DTSTAMP:20260514T020041
CREATED:20250605T213522Z
LAST-MODIFIED:20250606T044118Z
UID:10005534-1782820800-1782820800@sc.cpa
SUMMARY:(SSMG414/26) Surgent's Improving Your Profits: Identifying Cost Cutting Opportunities
DESCRIPTION:Event Description\nPart of one’s duty as a CPA working in industry is to safeguard the assets of the organization. Cost cutting is one way to preserve assets and maintain a company’s competitive position in the industry. However\, what keeps us from ridding our organizations of unnecessary costs? In this course\, we will look at the factors that prevent our companies from being as streamlined as they could be. By using statistics and survey data\, we will attempt to show how to better negotiate and navigate budgeting and contracting decisions. We will also discuss financial statement analysis techniques\, benchmarking\, and cash flow management in an effort to better cut costs and maintain the long-run viability of an organization. \nDesigned For\nCPAs\, CFOs\, and Controllers looking to improve profitability by streamlining expenses for their own organization or for their clients \nObjectives\nList behavioral biases that prevent companies from being streamlined    Identify techniques that may be used to make cost cutting a part of the company’s culture and business strategy    Describe techniques that may be used to discern whether additional headcount is necessary    Demonstrate vertical and horizontal financial statement analysis    List key considerations when benchmarking against competitors    Describe contracting and negotiation techniques    Discuss the business cycle and how cash flow management changes during each stage \nMajor Subjects\nWhat keeps companies from becoming streamlined    Behavioral biases    Information processing biases    Emotional biases    How to deal with behavioral biases    Connecting behavioral biases to cost cutting    Creating a culture of cost cutting    Rules of thumb for cost cutting    Managing headcount    Post-COVID common areas of excess cost    Budgeting techniques    Budget variances    Benchmarking    Common size financial statements    Horizontal analysis    Negotiation and contracting techniques    Cash flow and the business cycle \nInstructions\nNone
URL:https://sc.cpa/event/ssmg414-26-surgents-improving-your-profits-identifying-cost-cutting-opportunities/
CATEGORIES:Self-Study Video
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DTSTART;TZID=America/Detroit:20260630T120000
DTEND;TZID=America/Detroit:20260630T120000
DTSTAMP:20260514T020041
CREATED:20250605T213606Z
LAST-MODIFIED:20250606T044216Z
UID:10005544-1782820800-1782820800@sc.cpa
SUMMARY:(SSMG429/26) Surgent's Planning and Strategy Formulation for Your Organization's Financial Success
DESCRIPTION:Event Description\nHave you noticed that change is continuing to happen at a more and more rapid pace? Obviously\, some organizations survived change far better than others due to their ability to handle unexpected developments. Sick and tired of taking CPE that has no practical application or just regurgitates the same information over and over? Join us for this practical course\, which will present a fresh approach to planning and strategy formulation for your organization. Often thought of as a painful process\, planning and strategy formulation is probably one of the most important processes any organization undertakes in order to achieve financial success. We’ll explore this fresh approach to many different planning stages\, including the marketing plan\, the technology plan\, the capital plan\, the five-year operating plan and much more! The pandemic has shown us that our planning process must be far nimbler and allow our organization to shift rapidly. Today’s dynamic economic environment requires much more careful planning and strategy execution. Come find out how to make that happen for your organization. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\nDevelop strategies for the organization that make an impact    Avoid the political pitfalls that often come with the planning process and inhibit change    Maximize the usefulness of the different plans developed for the organization    Identify the differences between strategic and incremental planning    Implement strategic planning at the department level    Make the planning process enjoyable and painless for the entire organization    Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course \nMajor Subjects\nDifferences between planning and budgeting    Building change into the planning process    The business model    Strategic plan    Marketing plan    Financial forecasting    Financial risk analysis    Five-year operating plan \nInstructions\nNone
URL:https://sc.cpa/event/ssmg429-26-surgents-planning-and-strategy-formulation-for-your-organizations-financial-success/
CATEGORIES:Self-Study Text
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