W215: Budgeting: Impact, Governance and the Future ** 5 Progressive Budgeting Innovations
Proactive Organizations are Being Aggressive with Budget Innovation, Interaction and Changes
Thursday, December 9, 2021
3:00 PM - 4:30 PM (EASTERN TIME)

The past 18 Months have been unpredictable and have impacted budgets in both positive and negative directions. Budget tactics and systems need to evolve and change to stay relevant, be value-added while also supporting enterprise risk management (ERM) efforts. We will discuss a number of key budget innovation tactics that will be useful in supercharging your budgets and making them more effective at enhancing sustainability, supporting mission, and improving financial health.

Learning Objectives
  • Learn how capital budgets have an important role
  • Learn how to stress test funding
  • Learn more about creating a culture of budget projections – engaging staff
  • Learn how to apply phase-in strategies to triumph over uncertainty and gain acceptance
  • Learn how using operating reserves during a time of uncertainty
A. Michael Gellman, CPA, CGMA
Co-Founder at Sustainability Education 4 Nonprofits
Mr. Gellman, CPA, CGMA, is an independent Fiscal and Financial Strategist for Nonprofit Organizations. He has more than 35 years’ experience in nonprofit fiscal, financial and accounting systems working as a chief financial, fiscal and management consultant where he has focused on specialized management and advisory services for trade and professional associations, public charities and endowment based foundations. Mr. Gellman has also developed comprehensive budget and projection-based systems in support of senior management and organizational leadership. Mr. Gellman has been designing, installing, interpreting and teaching budget and projection based systems and financial and fiscal management systems for over 30 years.
Paul Preziotti
Partner, Johnson Lambert LLP
I provide audit, compliance and operational solutions to nonprofit organizations and sponsors of employee benefit plans. Paul likes to wind down by hitting the links, reading, hiking, snowboarding, and attending concerts. Industry Involvement: Member, AICPA Member, Not-for-Profit Advisory Council Former Member, Uniform Accountancy Act Committee Alumnus, AICPA Leadership Academy Member, Greater Washington Society of CPAs Member, Board of Directors Member, Not-for-Profit Section Committee Former Chair, Not-for-Profit Symposium Planning Committee Member, American Society of Association Executives Former Member, Young Professionals Committee Member, Finance and Administration Roundtable Member, Board of Directors Member, Program Committee Board and Audit Committee Member, St. John’s Community Services Faculty Member, Center for Nonprofit Advancement
Level Intermediate Delivery Group Internet-Based
CPE(NASBA Category) Finance Technical Reviewer Wade Tetsuka, CPA
CAE (Field of Study) Organizational Strategy CPE/CAE Credits 1.5
Prerequisites and advance preparation needed None Cost $0.00
Refund and Complaint Resolution Policy:

U.S Transactions Corp. 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: