CPE Self-Study

Financial Forecasting: Examining the Basic Model

Publisher: AICPA
  • $35.00-$55.00
    Financial Forecasting: Examining the Basic Model Availability : Online Access Product #: 159865
    CGMA Holder: $35.00
    AICPA Member: $45.00
    Non-Member: $55.00
  • Contact Sales
    Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us Product #: GT-LBH

This course will introduce you to the financial forecasting process, beginning with the sales forecast, continuing with the projected income statement and balance sheet, and concluding with use of the financial forecasts for decision-making purposes. It explains the basic forecasting model and illustrates how the percent-of-sales method is used to prepare the projected income statement and balance sheet.

Learning Objectives:

  • Explain the purpose of forecasting to nonfinancial executives in your company
  • Determine what 'basic' assumptions are necessary in preparing the first-past forecast
  • Compute the external funds needed (EFN) requirements for a company using the percent of sales method to prepare a sources and uses of cash equation
  • Determine when an asset or liability is spontaneous
  • Prepare the first-pass forecasted balance sheet

Prerequisites: None


CGMA designation holders qualify for discounted pricing on this product. In order to receive your special pricing, you must be registered and signed in. View the complete list of development products available on CGMA.org.

About the Publisher


About the AICPA
The American Institute of CPAs (AICPA) is the world's largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.