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Forecasting from Financial Statements

In this course, you will learn the value of forecasting with financial statements and the distinction between forecasting and planning. These lessons will also…
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Course: On-Demand
Intermediate Provider Anna Bull  5 Lessons ·  10m  in Arabic, German, English, Spanish, French, Portuguese, Chinese 

Course Description

In this course, you will learn the value of forecasting with financial statements and the distinction between forecasting and planning. These lessons will also assess the differences between historical and research-based projections. You will come to understand the time value of money, along with short-term and long-term forecasting methods.

What You'll Learn

  • Understand the value of forecasting with financial statements
  • Distinguish between forecasting and planning
  • Differentiate between historical and research-based forecasting
  • Apply the time value of money to forecasting
  • Compare short-term and long-term forecasting methods and know when to update them

Key Takeaways

  • Forecasting with financial statements has value and is distinct from planning.
  • Historical projections and research-based projections differ in their approach.
  • The time value of money is a factor in financial forecasting.
  • Forecasting can be applied over both short-term and long-term horizons, with appropriate times to update.

Frequently Asked Questions

What does this course cover?

It covers the value of forecasting with financial statements, the distinction between forecasting and planning, the differences between historical and research-based projections, the time value of money, and short-term and long-term forecasting methods including when to update them.

What are the main learning objectives?

To understand the difference between forecasting and planning, and to differentiate between historical and research-based forecasting.

What lessons are included in the course?

The lessons are The Value of Forecasting; Forecasting vs. Planning; Historical and Research-Based Forecasting; Forecasting and the Time Value of Money; and Short-Term, Long-Term, and When to Update.

Does the course address the time value of money?

Yes, the course helps you understand the time value of money and includes a lesson on forecasting and the time value of money.