Enroll Course: https://www.udemy.com/course/fundamentals-of-cash-flow-forecasting/
Are you looking to get a better handle on your business’s financial future? Do you find yourself unsure about where your money is going or where it will be in the coming months? If so, the ‘Fundamentals of Cash Flow Forecasting’ course on Udemy might be exactly what you need.
This course is designed for anyone, regardless of their prior forecasting experience, who wants to improve their understanding and application of cash flow forecasting. The instructors do an excellent job of starting from the absolute basics, assuming little to no prior knowledge. They meticulously break down the common structures of cash flow forecasting and then systematically build upon them, explaining the necessary information and sources required for an effective system.
What I particularly appreciated about this course is its focus on making short-term forecasting methods accessible and not overly complicated. The instructors guide you through identifying potential data sources, both manual and computer-based, and critically analyze the value of different data items to the overall forecast. This practical approach ensures you understand *why* certain data is important, not just *what* data to collect.
Furthermore, the course addresses the realistic scenario where complete data sources might not be available. It introduces practical short-term forecasting methods that can be used in conjunction with estimates from knowledgeable individuals. This is a crucial aspect, as it teaches you how to translate expert insights into usable forecasting variables, effectively bridging the gap between qualitative knowledge and quantitative forecasting.
The culmination of the course is the construction of a basic forecasting template, bringing together all the learned concepts into a tangible tool. This hands-on approach empowers participants to immediately start applying what they’ve learned.
For those seeking Continuing Education Credits (CPE, CE, CPD, etc.), it’s important to note that while this course provides the foundational knowledge, the actual CPE credits are available if you take the course on the Illumeo platform under the same title. Illumeo is certified to provide CPE for a wide range of professional certifications, making this a valuable option for finance, accounting, and treasury professionals looking to meet their credit requirements.
Overall, ‘Fundamentals of Cash Flow Forecasting’ is a highly recommended course for anyone aiming to gain control over their financial planning. It demystifies cash flow forecasting, providing practical skills and a solid foundation for making informed financial decisions.
Enroll Course: https://www.udemy.com/course/fundamentals-of-cash-flow-forecasting/