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Financial Forecasting and Modeling ON DEMAND

Available Until

Your Desk

5.0 Credits

Member Price $145.00

Non-Member Price $167.00

Overview

Forecasting is the prediction of future events. In the finance field, this usually means that an organization is attempting to predict its future sales. Financial Forecasting and Modeling discusses the different types of forecasting methodologies, the situations in which they should be used, and how to construct them. The course also examines the layout and formulation of a financial model, and addresses specific issues within such a model, including the treatment of depreciation, debt, equity, and working capital. Further, the course describes the construction of short-term and longer-term cash forecasts, concluding with a review of the Excel functions that can be used for financial forecasting and modeling.

Highlights

Financial Forecasting. Financial Modeling. Cash Forecasting. Microsoft Excel Modeling.

Prerequisites

None.

Designed For

CPAs, auditors, consultants, and financial and managerial professionals.

Objectives

Cite the characteristics of the Delphi method. Identify the best uses of the different forecasting methods. Note the situations in which a smoothing constant can be used. Identify the different types of leading and lagging indicators. State which report makes use of the accounting equation. Note how an income statement is used. Identify the key inputs to a financial model. Identify the complications caused by the use of a plug within a financial model. Note the circumstances under which a business could fund its own growth. Cite the cases in which an expansion of a financial model might be warranted, and more.

Preparation

None.

Notice

None.

Leader(s):

Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

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Non-Member Price $167.00

Member Price $145.00