Budgeting: A Discussion of Budgeting Basics, Best Practices and Recent Trends

Date: Thursday, March 30, 2006
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter(s): S. Christopher Headley, CPA, CMA, CFM and Phillip W. Miller, CPA
Learning Objectives:
Discussion will cover:
The Basics - Why we do it, how many of us do it, and why most of us do not like doing it.
Best Practices - Techniques used by world-class organizations, how their processes compare to the rest of us.
Recent Trends and Some New Approaches
Field of Study: Accounting & Auditing
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.

Course Description

Discussion will cover:
The Basics - Why we do it, how many of us do it, and why most of us do not like doing it.
Best Practices - Techniques used by world-class organizations, how their processes compare to the rest of us.
Recent Trends and Some New Approaches.

Presenter and Moderator Bios
S. Christopher Headley
Chris Headley is a Senior Business Analyst for Southern States Cooperative in Richmond, Virginia. He joined Southern States in 1997 as Accounting Manager in the Feed Division. He then served as Cost Accounting Manager, Manager of Corporate Accounting, and Controller of Retail Accounting. In 2003, he joined Old Dominion Electric Cooperative as Manager of Budgeting and Cost Reporting. He returned to Southern States in his current position in 2005. His current duties consist primarily of directing the budgeting process for Southern States and its managed member cooperatives. From 1985 to 1997, Headley worked for Virginia Power in various Commercial Operations and Financial Services positions. He was born in Charlottesville and has always lived in Virginia.

Chris received his BS in Finance from Virginia Tech in 1985, an MBA from The College of William and Mary in 1989, and a Post Baccalaureate Certificate in Accounting from Virginia Commonwealth University in 1997. He is a licensed CPA in Virginia and also holds the Certified Management Accountant (CMA) and Certified Financial Manager (CFM) designations. He is a member of the Institute of Management Accountants and the National Society of Accountants for Cooperatives.

Chris and his wife Karen live in Richmond, Virginia with their three children.

Philip W. Miller
Philip W. Miller is Vice President & Controller for Southern States Cooperative in Richmond, Virginia. He joined Southern States in 1973 as an Internal Auditor. After serving as a Senior Auditor, Assistant Manager of Internal Audit, Manager of Corporate Accounting and Assistant Controller, he was promoted to his current position in 2000. His current duties consist primarily of directing the control, accounting and financial reporting functions for the Company. Prior to his joining SSC, Miller worked as the Richmond area manager for the Ohio firm of Walden Inventory Services. Prior to that, he served for two years in the United States Army as a member of the President’s Honor Guard in Ft. Meyer, Virginia. He was born in Nevada and grew up on a farm in southern Indiana.

Phil received his BA in Economics from Berea College in 1968 and completed post graduate studies in Accounting at Virginia Commonwealth University in 1978. He is a licensed CPA in Virginia. He is a member of the AICPA, the AICPA Accounting Research Association and the Virginia Society of CPAs. He is a member of the VCU sponsored Controllers Executive Roundtable and serves on their Steering Committee. He is a national director for the National Society of Accountants for Cooperatives (NSAC), and served as national president of NSAC in 2001-2002. He serves as an editor and writer for NSAC’s national magazine, the Cooperative Accountant. He serves on the Board of Directors for the Virginia 4-H Foundation.

Phil his wife Vicki reside in Richmond, Virginia. In his spare time, Miller enjoys golf, reading, walking and skiing.

Cost
$56.00 for NSAC Members / $70.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.