Join Yash Patel for an in-depth discussion in this video What you should know, part of Forecasting Using Financial Statements.
- In general, there are very few concrete beginner requirements to take this course, besides an interest in finance and accounting. I'll move quickly through accounting terminology, so please be aware that you may need to look up some terms if you're new to the field. I do have expectations that you know terms like average tax, marginal tax, EBIT, EBIAT, cash flows, and the like. But, if you're willing to pause and look up terms as needed, you should be okay to follow along.
In terms of software, I'll be using Excel. You can use any spreadsheet program with which you're comfortable. However, please note that the exercise files provided are in XLS format. I also move fairly quickly through the formulas. If you're okay with these two items, you should be good to go.
- The four different types of financial statements
- Moving averages
- Seasonally adjusted trends
- Pro forma statements
- Sales forecasting
- Forecasting expenses
- Projecting cash flow
- Regression analysis