Forecasting for Financial Managers - eLearning

The rate of change in the business environment is greater than ever before and managers are recognising that they have to spend more time looking forward. For you, the finance professional, this is vitally important but not necessarily straightforward. Coming to terms with judgements about the future, which are subject to significant margins of error, requires a particular set of skills.

As well as describing the principles of forecasting, this course looks at their application, especially in decision-making. It covers interpretative statistics, short-medium range forecasting and long range forecasting.

Upon satisfactory completion of this activity you will be able to:

• Recognise what forecasts are used for, and who is responsible for them.
• Understand the principles and practice of statistics relevant to forecasting.
• Use short-medium range forecasting.
• Use long range forecasting.

Benefits:
By helping you understand the various techniques that can be used to determine the amount of financing a firm will require in the future, this course will provide you with a vital set of skills.


Cashflow&forecasting