CPE Credit Hours: 8
Field of Study: Finance
Publication date: September 2022
Business and financial forecasting is of extreme importance to managers at virtually all levels. It is required for top managers to make long-term strategic decisions. Middle management uses sales forecasts to develop their departmental budgets. Every other plan, such as a production plan, purchasing plan, humanpower plan, and financial plan, follows from demand forecasting. The critical element in any supply chain plan is the demand forecast.
The goal of this course is to provide a working knowledge of the fundamentals of business forecasting that can be applied in the real world regardless of firm size. It examines basic forecasting methodology, and then practical applications. It also encompasses a wide range of topics of major importance to practical managers in all functional areas, including cash flow forecasting, cost prediction, earnings forecasts, bankruptcy prediction, foreign exchange forecasting, interest rate forecasting, and technological forecasting.
This is a self-study CPE course.
Program level: Overview
Prerequisites: Basic Accounting
Advanced Preparation: None Required
Minimum Final Examination Passing Grade: 70%
Maximum Time Allowed To Complete Program: One Year from Date of Purchase