Balkan Services and BAMCO would like to invite you to a free webinar entitled “Budget restructuring in times of crisis and execution monitoring”, which will be held on April 23rd at 3 p.m.
When a company budget is made in a normal business environment, there is a need for immediate steps in order to update it in times of crisis. The first action companies typically take is to cut costs. Although one of the most effective approaches, cost optimization is not enough. It should be part of complex actions related to sales review, cash flow optimization and strict control over receivables and obligations, investment policies, effects and external financing consequences.
Why you should participate
From the webinar, you will learn how to restructure the company budget so that it reflects the negative effects of the crisis at hand and how to take the necessary measures to be able to work in extraordinary conditions, as well as how to closely control the strict implementation of that budget.
During the webinar we will share our professional experience in the following areas:
- How to optimize the financial planning process;
- What are the benefits of the budget versions (scenarios);
- Whether the risks and threats regarding your business can be assessed.
Who is the webinar suitable for
The webinar is intended for CFOs, analysts, controllers, accountants and anyone operating in the field of finance.
WHEN: April 23rd at 3 p.m.
SPEAKER: Miroslava Belcheva
The webinar participation is free of charge but requires prior registration.
Miroslava Belcheva is Senior Financial Consolidation and Planning Consultant at Balkan Services. She has over 25 years of experience in the field of finance in positions such as CFO, Chief Accountant and Financial Advisor. She applies all that rich experience when taking care of the structure of financial consolidation and planning processes.
The Bulgarian Association of Management Consulting Organisations (BAMCO) is a leader in the development of management consulting as a profession driving social and economic success forward. The Association unites and represents professional consulting firms and certified consultants. BAMCO is a member of the International Council of Management Consulting Institutes (ICMCI, CMC Global) and is the only organisation in Bulgaria which has been accredited to award the CMC qualification. The CMC, or Certified Management Consultant, qualification is a testament to professional skills and knowledge as well as to the quality of the services.