Financial Modeling and Forecasting Financial Statements
With Jim Stice and Earl Stice
Liked by 22,171 users
Duration: 1h 53m
Skill level: Intermediate
Released: 10/2/2019
Course details
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, Jim and Kay Stice explains 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. Then you can learn how to use the information as the basis for forecasting, applying a simple but powerful equation: assets = liability + equity. You 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, Jim and Kay use famous business cases—like Home Depot��s 1985 cash-flow crisis—to illustrate the importance of accurate financial forecasts and their impact on business decisions.
Skills you’ll gain
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Certificate of Completion
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Meet the instructors
Learner reviews
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Mai Anh (Annie) Nguyen
Mai Anh (Annie) Nguyen
Time effectiveness and Operations excellence oriented
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Fernando Nunes
Fernando Nunes
Business Partner | FP&A | Budget | Forecasting | KPIs | Finance Specialist | Power BI and Tableau Development | Financial Planning | Controllership |…
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Todd Huggins
Todd Huggins
Senior Operations Professional
Contents
What’s included
- Practice while you learn 1 exercise file
- Test your knowledge 6 quizzes
- Learn on the go Access on tablet and phone
- Stay up to date Continuing Education Units