Top Techniques for Financial Forecasting
1 hour 30 minutes
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 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.
• You will be able to identify why the cash conversion cycle is a technique everyone should use.
• You will be able to recognize how to visualize trends to predict future behavior.
• You will be able to discuss roles of qualitative and quantitative analysis.
• You will be able to explain why forecasts are missed and how to improve.