When developing budgets, competing interests make it impossible to satisfy all stakeholders. Add to this the vast complexity of report - departments, cost centers, and funds, oh my! It's an almost impossible task to understand for those not involved in preparing the budget. Too often, this results in contested budget decisions and calls for justification.
This year, demonstrate for your stakeholders the context, constraints, and consequences of the various budgeting options they may favor.
See how the City of Tacoma engaged residents to address the impact of COVID-19 on its budget.
More on communicating financial information:
COVID-19 has hit some public sector budgets hard! See why some organizations are choosing to educate and engage residents with budget simulations for stakeholder buy-in.READ MORE
Communicating complex information is a challenge faced everyday by finance & budget departments. This article explores one key to success - readability.READ MORE
Accessibility - Why should finance & budget professionals care? What do the laws (3!) require? How can you comply? This article provides the answers.READ MORE
Budget book automation provides massive value for universities & governments by reducing time investment, eliminating errors & more. Here's why...READ MORE
They are recognized experts in both CaseWare and municipal reporting requirements. We value that experience and look to them for assistance developing best practices for our reporting cycles going forward. Our province has additional unique requirements. F.H. Black was familiar with these requirements and could help us meet them using CaseWare. (read more...)
F.H. Black understands municipal accounting. There’s a tremendous knowledge base within the company and they use that knowledge to come up with strategic recommendations that really help us leverage the software to our best advantage. (read more...)
FH Black exceeded our expectations. From day 1, their project manager (Darryl Parker) made us believe we were his one and only client. With his deep knowledge in governmental accounting, he had a clear understanding of our practices and challenges. (read more...)
Client service is impressive. The communication and response time is more than I dreamed. Between Asana, email and phone; I can contact my team and I get immediate responses and feedback. I love the weekly status meetings that help keep me on track. (read more...)