October 23, 2025 | 8:30am – 3:30pm
IN-PERSON SESSION – UMKC Bloch Executive Hall, 5108 Cherry Street, Kansas City, Missouri Room 414
Being responsible for the budgeting means you’re playing a vital role in your organization’s future. Your budget enables you to pinpoint critical variables that impact profit, so your company can successfully pursue business goals and create value.
In this workshop, you will learn how to work with, develop and present budgets aligned with business strategic goals. Working in groups, you’ll gather the information you need to construct and analyze operating budgets. You’ll practice evaluating and revising your budget to increase its chances of acceptance. This is your opportunity to gain the tools and insights to craft the budget your company needs to overcome obstacles and achieve success.
Key Topics
- Overview of the planning and budgeting process
- Accurately develop an operating budget based on forecasted sales, revenues, and costs
- Work with a well-planned budget that clearly highlights crucial variables that impact profit
- Know the line items on the income statement, their metrics and interdependencies
- Define variances so you can quickly implement changes to meet your company’s financial objectives
- Develop and present a well-thought-out budget that will get buy-in
- Keep your plan on target with budgetary controls
- Understand the definition, purpose, and components of a budget
- Operating budget vs. capital budget
- Address issues and challenges when dealing with assumptions and targets
- Revise and finalize the budget
- Organize and deliver your operating budget for feedback and final approval
- Obtain tips, guidelines, and recommendations for developing and presenting your budget
- Perform a variance analysis and identify potential sources and causes
- Know exactly which variances to address to plan for next year’s budget
Who Should Attend
Managers and anyone with budget responsibilities who are interested in developing or improving their budget planning skills.
About the Instructor
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William R. Kay, MBA, is an adjunct Professor for the University of Missouri Kansas City (UMKC), Bloch School of Management, and owner of W. Kay & Associates is dedicated to helping organizations and individuals enhance their competitiveness, productivity, and technological performance.
For the past 28 years, Mr. Kay has specialized in assisting businesses in the quest to improve performance in the areas of strategic planning, finance and accounting, project management, marketing, sales and sales management, and team building following the accelerated learning model for adult learning.
Mr. Kay’s professional experience includes over 20 years as CEO and owner of a major company and, for the past 28 years helping major Fortune 500 companies and Universities with organizational development and training.
Program Details
Language of Finance Certification:
Earn a certificate by completing 4 out of 6 courses in the Language of Finance Certification series. Designed for flexibility and relevance, these courses provide practical knowledge and skills to enhance your expertise and build confidence in key areas of finance. Perfect for professionals looking to grow their expertise without committing to a full degree program. For more information visit the Understanding the Language of Finance page.
Location and Parking:
The sessions will be held at the UMKC Bloch Executive Hall, 5108 Cherry Street, Kansas City, Missouri. Parking details will be mailed after registration.
Cancellation & Transfer Policy:
Seminar participants (or their organizational representative) should call or email Bloch Executive Education to change or cancel registrations. Cancellations made prior to 7 days from the seminar date are eligible for credit towards a future seminar but are ineligible for refund. Credit for future seminar is valid through the following seminar year. Seminar registrations may be transferred from one individual to another up to 7 days before any elected seminar. Cancellations made within 7 days from the seminar date are non-transferable and non-refundable. Bloch Executive Education reserves the right to make changes to the cancellation policy and transfer policy. The current policies will be posted on our website and will be observed regardless of previous policies or standards. “No-shows” are non-refundable and non-transferrable.
Photo and Video Release:
By attending the event, you are giving Bloch School of Management permission to use photos and videos from the workshop in future promotional materials.
Available Discount Programs
UMKC and Bloch Executive MBA Alumni, Kansas City Regional Association of REALTORS members, CX Central Exchange members, Saint Luke’s Health System employees, Heartland Black Chamber of Commerce members – you qualify for discounted seminar registration.
If any of the above categories apply to you, please contact us at umkcexeced@umkc.edu or 816-235-2892 to take advantage of discounted rates.
