Real World Forecasting
We can't prevent every mistake, but we can create forecasts that are adaptable and resilient. This course equips you with the practical skills to develop meaningful forecasts that drive better business decisions.
Real World Forecasting
This course will enable you to
- Identify the utility and the limitations of forecasts
- Create forecasts that are resilient, adaptable, and add genuine value to your organisation
- Use technology, such as AI, to efficiently create forecasts
- Incorporate the spikes and troughs of demand into your forecasts
- Translate complex forecasting data into clear guidance for management action
About the course
Life is too unpredictable for us to know everything that's going to happen, and there's no way we can prevent every possible mistake—any forecast that promises an exact picture of the future is probably completely wrong. But if we bear this in mind, we can create a forecast that is useful, adaptable, and resilient.
This course explores the art of forecasting. Although there will be statistics and equations, the reality is that forecasts will always rely most heavily on an accountant's good judgement. We focus on this element, ensuring that the forecasts that you build lead to good decisions.
Look inside
Contents
How it works
Author
John Taylor
John is a Chartered Accountant who has spent many years advising small and medium-sized businesses across the North of England. John is the author of two industry standard textbooks: Millichamp - Auditing and Forensic Accounting. He has also written several auditing textbooks for AAT courses.
