Basic Forecasting

 

 

Learn how plans, drivers, assumptions and system accounts form the foundation in forecasting operational expenses.

 

Earn free CPE for this course on Earmark CPE

  • Access Basic Forecasting on the Earmark CPE app
  • Click on the Enroll button
  • Select the Course menu option for the following three parts:
    • Learning Video - select mark complete to proceed to review questions
    • Review Questions - answer three questions and review your feedback
    • Assessment Quiz - answer five questions with a passing score of 70%.  You can view feedback on your answers and retake the assessment quiz.  Select the option Email CPE to receive your certificate of completion.  Once completed, you can exit the course and return to any channel on Earmark CPE including the Jirav channel!

If you don't have the Earmark CPE app and you want to earn free CPE for participating in Jirav courses and other accounting podcasts, visit the Apple App Store or Google Play Store to download the Earmark CPE app.

 

Goals of Webinar

  • Forecasting Overview
    • Tying out the forecasted three way financial statements
    • Understanding the impact of the four system accounts
    • Manage Plans with the Actuals and Forecast Period Windows
  • Onboarding Tasks
    • Staffing:  Import this actual descriptive analytic
    • Departments:  Mapping the staffing departments and the accounting departments for reporting purposes
    • Company Settings:  Assign the cash and salary expense system accounts
    • AR and AP: Assign the AR and AP system accounts
    • Auto Forecast 
    • Auto Rollforward
  • Driver Based Modeling
    • Impacting a forecast with manual increases and decreases
    • Impacting a forecast with the six planned standard drivers


      Go to Advanced Forecasting