In the face of ever-increasing regulatory demands and a challenging fee environment, compliance departments are frequently being asked to do more with less. A recent presentation by ACA Compliance Group (ACA) offered timely insight on how chief compliance officers and compliance personnel can approach the compliance-budgeting process, obtain buy-in from senior management, avoid common pitfalls and stretch limited resources. The program featured Lee Ann Wilson, ACA senior principal consultant; Sean McKeveny, ACA consultant; and Kara J. Brown, counsel at Sidley Austin. This article highlights the portions of the presentation most relevant to fund manager compliance staff, particularly those who may be currently immersed in the process of seeking approval for their budgets. For additional ACA insights on budgeting, see “ACA 2016 Compliance Survey Covers SEC Exams; Compliance Staffing and Budgeting; Annual and Ongoing Compliance Reviews; and AML/Sanctions Compliance (Part One of Two)” (Jan. 19, 2017).