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Financial Forecasting

Strengthen your forecasting skills to analyze financial data and develop robust forecasts.

In this hands-on seminar, you’ll delve into the critical components of forecasting and build forecasts that help power the operations, finance, production, and planning functions in your organization. You’ll master the key components and skills to create forecasts and learn to translate and appraise the forecasts of others. In addition, you’ll understand how to interpret the meaning of any forecast, whether it’s your own company’s or that of the competition. Whether you’re new or seasoned in forecasting and in need of a briskly paced refresher, this seminar will help you see into—and plan—your company’s future!

Seminar Number: 01110

5
(85 reviews)
  • Live Online
  • At Your Company Location

Course Scheduling & Pricing

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Who Should Attend

Any financial professional who needs to create, maintain and improve the forecasting process at their company, as well as professionals in any function who must interpret, analyze and make decisions based on forecasts created by others.

  •   Live Online3 Day(s)
    21.4 CCM, 1.8 CEU, 18 CLP, 21 CPE, 21.4 CTP, 21.4 FP&A, 18 PDU, 18 PMU
 
 

In this hands-on seminar, you’ll delve into the critical components of forecasting and build forecasts that help power the operations, finance, production, and planning functions in your organization.

You’ll master the key components and skills to create forecasts and learn to translate and appraise the forecasts of others. In addition, you’ll understand how to interpret the meaning of any forecast, whether it’s your own company’s or that of the competition. Whether you’re new or seasoned in forecasting and in need of a briskly paced refresher, this seminar will help you see into—and plan—your company’s future!

  • Gather the basic facts necessary to start building a forecast
  • Learn limitations—what forecasts can and cannot do
  • Choose the proper forecasting technique given available data and forecast goals
  • Critique and interpret forecasts and their implications
  • Utilize powerful MS Excel® tools—with uses transferable to other disciplines
  • Master and use regression tools to make better forecasts
  • Use Excel® tools to present forecast data to executive management
  • Introduction to business forecasting
  • Basic statistical techniques
  • Forecasting techniques and methods
  • Getting started: Making underlying assumptions
  • Identifying data patterns: Exploratory analysis concepts
  • Time series and their components
  • The use of Excel® as your forecasting tool
  • Forecasting performance measurements
  • Simple and multivariate linear regression
  • Summarizing and displaying data in Excel®
  • New directions in financial forecasting

Special Feature

NOTE: Please bring a laptop equipped with Excel 2019 or 365 to this seminar.

Learning Objectives

  • Identify the Basics of Forecasting
  • Describe Quantitative and Qualitative Analysis
  • Apply Statistics and Formulas to Forecasting
  • Define Data Analysis Using Microsoft® Excel
  • Identify Business Forecasts and How They Are Used
  • Describe How Probability and Risk Affect Forecasts
  • Describe Future Trends in Forecasting

View a Sample of Our Reviews

5

85 reviews

 
I will be able to apply information shared on both the qualitative and quantitative forecasting factors to my work.
5
Asa C.
 
Senior Manager Education & Training
 
Industry: Organizations
This course is great for those just jumping into budgeting and forecasting, as well as for the folks who have been doing it for a few years. There are great tools and techniques that all levels of expertise can take advantage of.
5
Melissa C.
 
Chief Financial Officer
 
Industry: Hospitals & Physicians Clinics
Excellent class participation and useful skills that I can take back to the office. The instructor is an excellent facilitator and created a very collaborative environment.
5
Greg A.
 
Senior Vice President & Chief Financial Officer
 
Industry: Organizations
Very informative. Better understanding of what goes into forecasting
5
Sonia O.
 
Business Services & Operations Manager
 
Industry: Government
Great conference, so much valuable information offered, glad I attended this conference
5
Lisa P.
 
Sr. Budget Analyst
 
Industry: Hospitality

This course is valid for 18 PMUs.
18 Business Acumen [BA]

AMA has been reviewed and approved as a provider of project management training by the Project Management Institute (PMI).

Talent Triangle PDUs

[S&B] 15 [T] 3

Project Management Institute (PMI) Talent Triangle, 2015.
Reproduced with the permission of PMI. Copyright and all rights reserved.

This course qualifies for 18 CPUs towards your recertification as a CAP® (Certified Analytics Professionals).

fpa-accred-logo

Approved for up to 22.8 FP&A recertification credits by the Association for Financial Professionals at the rate of one credit for each 50 minutes of attendance.

Approved for up to 22.8 CTP recertification credits by the Association for Financial Professionals at the rate of one credit for each 50 minutes of attendance.

American Management Association is accredited by the International Association for Continuing Education and Training (IACET) and is accredited to issue the IACET CEU.

AMA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For additional information or for more information regarding administrative policies such as complaints and refunds, please contact Martha Leon at 212-903-8173.

Recommended CPE Credit: 21 hours/Basic
Prerequisites: An understanding of Excel and familiarity with Fundamentals of Finance and Accounting (see seminar #2218).
Advance Preparation: None
Instructional Method: Group Live
Field of Study: Technical – Accounting, Management Services, Specialized Knowledge

Live Online Schedule

4 Sessions Available





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