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Ground floor 01, Ontario Tower, Business Bay, Dubai, UAE
Budgeting & Forecasting
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Ground floor 01, Ontario Tower, Business Bay, Dubai, UAE
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Mon - Sat: 9:00 AM - 5:00 PM
Sunday Close
Budgeting & Forecasting
These are important components of financial planning and management. This allow to allocate resources, setting financial goals and predicting future goals. Budgeting allows to estimates future revenues, cash flows and expenses. Key components are Revenue estimates, Expense projections, Capital expenditure and cash flow planning. Forecasting estimates future financial outcomes on previous data and trends. It predicts future revenue, expenses, cash flow etc. Quantitative forecasting, Qualitative Forecasting, Continuous or Rolling Forecasting are the types. Risk Analysis, Decision making, Cash management are the benefits of forecasting.
