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CPE Self-Study

Financial Forecasting: Examining the Basic Model

  • $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

Discounts

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

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 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 specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.