Proper planning is key to any company's success. With CPAs constantly being asked to plan a company's future, forecasting is one area to demonstrate your unique value.
This course provides the basic tools necessary to project the balance sheet and statements of income and cash flow. Determine the company's maximum sustainable growth and predict its external fund requirements.
Overview of the forecasting process
The basic forecasting model
Techniques used to forecast sales
A case analysis on working capital planning
Forecasting the company's capital structure
Projecting the income statement and balance sheet
Determining maximum sustainable growth
Using forecasting to aid growth planning
Forecasting short-term cash requirements
This course will prepare you to:
Recall the basics of planning and forecasting financial statements
Recall considerations related to a basic forecasting model
Identify the evidence of growth mismanagement and develop the skills to determine maximum sustainable growth
Apply statistical procedures to forecasting
Analyze projected or forecasted financial statements
Who Will Benefit?
Financial professionals responsible for preparing forecasts