Financial Forecasting, Analysis, and Modelling: A Framework for Long-Term Forecasting

Financial Forecasting, Analysis and Modelling provides a complete framework of long-term financial forecasts in a practical and accessible way, helping finance professionals include uncertainty in their planning and budgeting process. With thorough coverage of financial statement simulation models and clear, concise implementation instruction, this book guides readers step-by-step through the entire projection plan development process. Readers learn the tools, techniques, and special considerations that increase accuracy and smooth the workflow, and develop a more robust analysis process that improves financial strategy. The companion website provides a complete operational model that can be customised to develop financial projections or a range of other key financial measures, giving readers an immediately-applicable tool to facilitate effective decision-making.

In the aftermath of the recent financial crisis, the need for experienced financial modelling professionals has steadily increased as organisations rush to adjust to economic volatility and uncertainty. This book provides the deeper level of understanding needed to develop stronger financial planning, with techniques tailored to real-life situations.

• Develop long-term projection plans using Excel
• Use appropriate models to develop a more proactive strategy
• Apply risk and uncertainty projections more accurately
• Master the Excel Scenario Manager, Sensitivity Analysis, Monte Carlo Simulation, and more

Risk plays a larger role in financial planning than ever before, and possible outcomes must be measured before decisions are made. Uncertainty has become a critical component in financial planning, and accuracy demands it be used appropriately. With special focus on uncertainty in modelling and planning, Financial Forecasting, Analysis and Modelling is a comprehensive guide to the mechanics of modern finance.

Keywords: Financial Forecasting, Analysis and Modelling: A Framework for Long-Term Forecasting; Michael Samonas; SIDMA S.A.; financial planning; financial modelling; risk analysis; modelling uncertainty; financial forecasting; financial statement simulation; Excel Scenario Manager; sensitivity analysis, Monte Carlo simulation; practical financial modelling; risk projection; uncertainty projection; forecasting risk; Excel modelling; financial models; step-by-step forecasting; financial analysis; long-term budgeting; finance tools; Excel modelling tutorial