Description
Learn valuable techniques for financial forecasting using statistics and financial indicators.Forecasting allows for adjustments in operations and finances by analyzing the internal and economic environments. Predict the future based on past events to manage uncertainty. Use events from the past and present to create assumptions for the future. Learn how to apply your assumptions and knowledge with the use of statistics and financial indicators. Create realistic projections with careful estimates of future revenue to prevent overspending during tight economic times.
Date: 2021-04-16 Start Time: End Time:
Learning Objectives
What Would You Like to Have Happen?
• What Are You Forecasting?
• Quantitative Forecasting
• Qualitative Forecasting
Understanding Forecasting
• What Is Forecasting?
• Significance of a Good Forecast
• Forecasts and Decision Making
Past and Present Analyses
• Prioritizing
• Data Collection
• Interpreting Results
Qualitive and Quantitative Tools
• SWOT Analysis
• PEST Analysis
• Key Performance Indicators
• Cost Projections
Projections for the Future
• What Is Your Mission?
• Trend Analysis
• Factors to Consider
Financial Needs
• Cash Conversion Cycle
• Capital Expenditures
• Return on Investment (ROI)
Accuracy of Forecasts
• Quality of Data Matters
• Forecasts Improve
• Why They Are Missed
CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Lauritta Sowa-WiseOwlOps, Inc.
