Rolling Forecast

Most organisations use budgets as the primary foundational system for establishing targets, allocating resources and assessing performance. In an environment of continuous change, budgets can quickly become out of date, which raises the important question - are they worthwhile at all?

As finance professionals, we need to establish whether forecasting is a suitable alternative to traditional budgeting. Unlike budgeting, Forecasting highlights on the fact that operations do not shut down at the end of the financial year therefore ensuring that your organisation applies good business projections. Well established forecasting techniques, used properly, can significantly improve financial performance and profit/operating surpluses. Implementing forecasts and reinvigorating your planning practices can take a lot of the guess work out of operational decision making, which will allow a greater focus on optimising financial performance.

Date: 23 October 2013 to 24 October 2013
Time: 08:00 - 17:00
Venue: Hackle Brooke Conference Centre, Johannesburg