Course Quick Facts

  • Course Length: Approximately 4.0 hours

  • Course Level: Intermediate

  • Field(s) of Study:

  • Finance—Taxation (4.0 CPE credits)

  • Who should attend: Building a Better Budget in a Time of Uncertainty

  • Required Knowledge: A basic understanding of budgeting techniques

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA

David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.

Learning Objectives

Most financial leaders would agree that budgeting is easy when business and the economy are stable. When revenues and expenses are expected to remain the same, the process becomes merely an exercise in carrying over what was done before to the current year. However, what happens when we are not sure about how the market will react to our product? What happens when the competitive landscape changes? In this course, we will discuss budgeting techniques and considerations when business lacks stability. Through a combination of theory and real-world examples, we will explore how to build flexibility into our budget - so that it can inform and drive decision-making when we don’t quite know what is ahead.

  • Differentiate between data analytics and data mining

  • Identify the difference between top-down and bottom-up budgeting

  • State the key elements of a flexible budgeting approach

  • Define key cost drivers

  • State how behavioral biases may affect the budgeting process

  • Identify how headcount efficiency may be measured

  • Define scenario planning

  • Recognize best practices and controls for managing budget changes

Course curriculum

  • 1

    Introduction

  • 2

    Downloads

    • Downloads

  • 3

    Lecture

    • Lecture #1

  • 4

    Participation

    • Knowledge Check #1

  • 5

    Lecture

    • Lecture #2

  • 6

    Participation

    • Knowledge Check #2

  • 7

    Lecture

    • Lecture #3

  • 8

    Participation

    • Knowledge Check #3

  • 9

    Lecture

    • Lecture #4

  • 10

    Participation

    • Knowledge Check #4

  • 11

    Lecture

    • Lecture #5

  • 12

    Participation

    • Knowledge Check #5

  • 13

    Lecture

    • Lecture #6

  • 14

    Participation

    • Knowledge Check #6

  • 15

    Lecture

    • Lecture #7

  • 16

    Participation

    • Knowledge Check #7

  • 17

    Lecture

    • Lecture #8

  • 18

    Participation

    • Knowledge Check #8

  • 19

    Lecture

    • Lecture #9

  • 20

    Participation

    • Knowledge Check #9

  • 21

    Lecture

    • Lecture #10

    • Lecture #10 part 2

  • 22

    Participation

    • Knowledge Check #10

  • 23

    Lecture

    • Lecture #11

  • 24

    Participation

    • Knowledge Check #11

  • 25

    Lecture

    • Lecture #12

  • 26

    Participation

    • Knowledge Check #12

  • 27

    Lecture

    • Lecture #13

  • 28

    Participation

    • Knowledge Check #13

  • 29

    Lecture

    • Lecture #14

  • 30

    Knowledge Check

    • Knowledge Check #14

  • 31

    Lecture

    • Lecture #15

  • 32

    Qualfied Assessment

    • Qualified Assessment

  • 33

    Feedback

    • Final Steps to Receive CE Credit(s)...

    • CE Credit Information

    • Thank You!

Single Course Price

     Securities offered through Cetera Advisor Networks LLC, member FINRA/SIPC. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Adviser. Carroll Financial and Cetera are not affiliated. Carroll Financial and Cetera are under separate ownership from any other named entity. 

     This site is published for residents of the United States only. Registered Representatives of Cetera Advisor Networks LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every advisor listed. For additional information please contact the advisor(s) listed on the site, visit the Cetera Advisor Networks LLC site at www.ceteraadvisornetworks.com

     Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services. Tax services are provided by Peters Tax Preparation & Consulting, PC and are not provided by Cetera Advisor Networks or Carroll Financial.


David Peters Financial

Mail to: 8005-C, #129, Creighton Pkwy #129, Mechanicsville, VA 23111

1657 West Broad Street, #5, Richmond, VA 23220