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During times of uncertain outcomes, financial forecasts are more critical than ever. This session will explore best practices that companies are using to develop, manage and evaluate these forecasts. We will cover various types of models and how companies have utilized predictive analytics from both internal and external sources. In addition, we will explore expectations for the next 6 to 18 months and how those expectations could manifest in financial forecasts. This session is appropriate for anyone who works with forecasts and the process of developing them.
Learning Objectives:
Assess the development of forecasts in uncertain times using internal and external data
Evaluate forecasts and how to advise regarding areas of improvements
Review economic outcomes over the next 6 to 18 months and how they may impact forecasts