Fundamentals of PowerPlan Capital Budget - Open Enrollment

In this course, attendees will learn how to use the Capital Budget functionality in PowerPlan. It covers how to reconfigure existing processes and how to implement best practices. It’s intended for those with an interest in improving project tracking, analysis, and streamlining the budgeting process. It is intended for those with an interest in improving project tracking, analysis and streamlining the budgeting process. 

Topics:

• Identifying Best Practices, Alternatives and Improving Processes
• Budget Structures and Definitions
• Budget Versions - Budget Grouping and Processing
• Budget Creation, Project Initiation and Setup
• Estimating Tools 
• Reporting and Analysis of Results
• Managing Forecasts/Creating Outlooks for Future Years
• Authorizing for Spending - Approvals
• Computations (AFUDC, Overheads, Closings)
• Project Prioritization, Valuation and Justification'
• Viewing Budget Reports
• Utilizing Commitments/Accruals
• Managing Alerts for Unwanted  Data Scenarios
• Controlling Security Options

Objectives:

At the end of this course, you will be able to:

• Describe the components of the Budgeting Lifecycle
• Explain the key challenges that make the Budget process difficult and labor-intensive
• List the benefits of PowerPlan’s approach to Capital Budgeting
• Promote Budgeting Best Practices using PowerPlan’s budgeting tools
• Describe the PowerPlan budget hierarchies
• Enumerate the steps in the Funding Project Lifecycle
• Explain the importance of managing Budget versions and revisions

Intended Audience:

Users and Managers involved in Capital Budgeting within PowerPlan looking to improve their current use and especially those looking for options to revamp their budget process.

Additional Information:

Prerequisites: Familiarity with PowerPlan concepts such as gained in the PowerPlan Asset Accounting course is helpful for those attending this course but not required. 

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

CPE Credits = 16 credits possible (Finance) 

Class will take place each day 10:00am-3:00pm(Eastern) with a one hour break for lunch from 12:00pm-1:00pm

In order to be awarded the full credits, participants must be present the entire training session and respond to 48 polling questions ( or 3 polling questions per hour) asked during this program. Credits will be rounded down to the nearest half credit.

We are unable to grant CPE credit in cases where technical difficulties preclude eligibility. CPE Program Sponsorship guidelines prohibit us from issuing credit to those not verified by the technology to have satisfied the minimum requirements listed above.

For information regarding refund, complaint, and/or program cancellation policies please visit our website 

https://powerplan.com/support/powerplan-university/training-policy-1

PowerPlan 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 www.nasbaregistry.org. PowerPlan’s NASBA Sponsor Number is 105404