Forecasting for Financial Managers

by David Allen

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.

This course is not currently available

This course will enable you 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 range forecasting
  • Look closer at long range forecasting

About the course

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.

Look inside

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Contents

How it works

Author

David Allen

Past President of CIMA and past Chairman of the Management Accounting Committee of IFAC.

Reviews

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This course is not currently available. To find out more, please get in touch.