Financial forecasting is the process of using historical record to predict future fiscal trends by projecting current financials forward. Typically projected at a yearly rate, the financial forecast is a company’s educated guess at how their financials will trend. Finance can forecast expenditures and revenues and account for other circumstances like market conditions and economic indicators. Closely tied with financial modelling, businesses also use forecasts to determine budgets and plans.

Forecasts are also used by analysts, investors and executives to predict stock prices, sales and get a feel for how certain economic trends will play out. 
Discover how CCH Tagetik Performance Management Software delivers:
Modeling & Forecasting
Back To Top