APPENDIX I Streamlining an Annual Planning Process Checklist
Many accountants find themselves having to maintain an annual planning process even though they would rather be doing quarterly rolling planning. This checklist is designed to help make the antiquated process quicker and at the same time plant the seed for quarterly rolling planning. This checklist assumes you have a robust planning tool. Those working in Excel will need to add a prayer section to the checklist.
| Key Tasks | ||
| Run a Workshop to Analyze Pitfalls and Sell the Concept of Quarterly Funding | ||
| 1. Notify those who should attend. |  Yes | No |
| 2. CEO to send email stating permission is to be sought from CEO if not attending the annual planning workshop. | Yes | No |
| 3. Lock in an agreement on the foundation stones: | ||
 Bolt down your strategy and strategic initiatives first (e.g., have the senior management team gone on an executive retreat before the annual planning starts?). | Yes | No |
| There is no need to have a budget for every account code in ... |
