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Financial Modeling & forecasting Financial Statements

In this course, you will learn how to create forecasted financial statements for your company. We will teach you how to use past data such as cost of goods sold, depreciation expenses, and levels of inventory, and understand what caused those numbers to fluctuate over time.

When

20-24 June 2022

Where

Two Seasons Hotel

Dubai, The UAE

UAE VISA

We will process your VISA and Travel Insurance Certificate

Airport Pickup 

We will pick you from the airport and drop you on your way back

About this Course

Financial reports are not just summaries of the past—they also include predictions for the future. In fact, most financial institutions are more interested in future performance than historical trends. Banks want to know your future cash flow; investors want to know future profits.

 

In this course, you will learn how to create forecasted financial statements for your company. Learn how to use past data such as cost of goods sold, depreciation expenses, and levels of inventory, and understand what caused those numbers to fluctuate over time. You will then learn how to use the information as the basis for forecasting, applying a simple but powerful equation: assets = liability + equity.

 

You will get hands-on practice building three different documents: a forecasted income statement, a forecasted balance sheet, and a forecasted statement of cash flow. Throughout the course, we will use famous business cases—like Home Depot’s cash-flow crisis—to illustrate the importance of accurate financial forecasts and their impact on business decisions.

Team Project

Why Choose this Course 

Financial forecasting – A prediction concerning future business conditions that are likely to affect a company, organisation, or country. A financial forecast identifies trends in external and internal historical data and projects those trends in order to provide decision-makers with information about what the financial status of the company is likely to be at some point in the future.

Financial Forecasting plays an important role in calculating the financial needs of your business. Your business will need adequate capital. Whether it be fixed or working capital, financial forecasting will help you make accurate predictions about what your business needs to succeed.

Executive Officer

Learning Objectives

At the end of the course, participants will be able to;

 

  1. Explain the importance of financial statements

  2. Interpret the factors of a sales forecast

  3. Determine the types of impacts that cause financial statement numbers to change

  4. Differentiate the elements of a forecasted income statement

  5. Apply the accounting equation to reconciling a balance sheet

  6. Explain what is needed to deduce cash flow

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Who Should Attend

  • This course is recommended for 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.

  • Accountants working in the Government and Other Public Sector Entities

  • Auditors working in government Institutions

  • Financial Accountants 

  • Policy Makers in the Public Sector

  • Practitioners in other fields seeking an entry point into the world of Public Financial Management

  • Management and Financial Accountants 

  • Managers and Supervisors

  • Banking professionals who analyze Statements

  • This course is also recommended for anyone involved directly in the management of public finance or anyone involved in policy for Public Financial Management

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