The major topics that will be covered in this course include:
- Introduction to Financial Statement Forecasting
- Overview of the importance and benefits of forecasting for strategic planning and investment attraction.
- The Forecasting Process: Steps to project future income, expenses, and resources using historical data and market trends.
- Analyzing Historical Data: Methods for leveraging past financial data to inform future projections.
- Incorporating Market Trends: How to integrate market insights into financial forecasts.
- Forecasting Profitability: Techniques for predicting future earnings and their implications for budgeting, cash flow management, and investment planning.
- Forecasting the Balance Sheet: Approaches for predicting future financial positions, including growth potential, solvency, and capital structure