Forecasting for Financial Managers

Course

Online

£ 75 + VAT

Description

  • Type

    Course

  • Methodology

    Online

  • Class hours

    4h

  • Duration

    Flexible

  • Start date

    Different dates available

The rate of change in the business environment is greater than ever before, 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 and practice of forecasting, this course looks at their use, especially in decision making.
It covers interpretative statistics, short-medium term forecasting and long range forecasting.

Facilities

Location

Start date

Online

Start date

Different dates availableEnrolment now open

About this course

Understanding Forecasting for Financial Managers
enables the learner to:
• Recognise what forecasts are used for, and who is responsible for them
• Discuss the principles and practice of statistics relevant to forecasting
• Explore short / medium term forecasting
• Look closer at long range forecasting

Financial Directors, Financial Controllers, Financial Managers and Management Accountants who need to establish a framework for the various forecasts compiled within their businesses, and those available outside.

Questions & Answers

Add your question

Our advisors and other users will be able to reply to you

Who would you like to address this question to?

Fill in your details to get a reply

We will only publish your name and question

Reviews

Subjects

  • Finance
  • Decision Making
  • Business Environment
  • Forecasts
  • Probability
  • Financial Training
  • Financial
  • Forecasting
  • Financial Managers
  • Financial Control
  • Statistics
  • Budget
  • Budgetary control
  • Predictive modelling
  • Hedging

Course programme

Learning outcomes of Forecasting for Financial Managers

Looking to the future
• What are forecasts for?
• Why has forecasting become more important of late?
• Where does forecasting fit within a structure of financial control?
• Responsibility for forecasting

Statistics
• Basics
• Probability of dispersion
• Correlation
• Regression

Short and medium range
• Hedging
• Predictive modelling
• Standard costing
• Budgetary control

Long range
• Demographics
• Devolution
• The value of money
• Some relevant techniques

Forecasting for Financial Managers

£ 75 + VAT