Financial Forecasting, Analysis, and Modelling: A Framework for Long-Term Forecasting

Financial Forecasting, Analysis, and Modelling: A Framework for Long-Term Forecasting
ISBN-10
1118921100
ISBN-13
9781118921104
Category
Business & Economics
Pages
232
Language
English
Published
2015-01-14
Publisher
John Wiley & Sons
Author
Michael Samonas

Description

Risk analysis has become critical to modern financialplanning Financial Forecasting, Analysis and Modelling provides acomplete framework of long-term financial forecasts in a practicaland accessible way, helping finance professionals includeuncertainty in their planning and budgeting process. With thoroughcoverage of financial statement simulation models and clear,concise implementation instruction, this book guides readersstep-by-step through the entire projection plan developmentprocess. Readers learn the tools, techniques, and specialconsiderations that increase accuracy and smooth the workflow, anddevelop a more robust analysis process that improves financialstrategy. The companion website provides a complete operationalmodel that can be customised to develop financial projections or arange of other key financial measures, giving readers animmediately-applicable tool to facilitate effectivedecision-making. In the aftermath of the recent financial crisis, the need forexperienced financial modelling professionals has steadilyincreased as organisations rush to adjust to economic volatilityand uncertainty. This book provides the deeper level ofunderstanding needed to develop stronger financial planning, withtechniques tailored to real-life situations. Develop long-term projection plans using Excel Use appropriate models to develop a more proactivestrategy Apply risk and uncertainty projections more accurately Master the Excel Scenario Manager, Sensitivity Analysis, MonteCarlo Simulation, and more Risk plays a larger role in financial planning than ever before,and possible outcomes must be measured before decisions are made.Uncertainty has become a critical component in financial planning,and accuracy demands it be used appropriately. With special focuson uncertainty in modelling and planning, Financial Forecasting,Analysis and Modelling is a comprehensive guide to themechanics of modern finance.

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