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Accurate Forecasting

Finance Skills1 Credit1 CPD Point

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Accurate Forecasting

The delegate will learn to use different forecasting methods to produce an accurate forecast.

Key Learning Outcomes

  • Describe the difference between a forecast and a plan 

  • Explain different forecasting methods 

  • Calculate forecast profit, taking into consideration changes in demand, selling price and costs 

  • Identify external factors which might impact financial performance

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