Description
This online course will teach you about accurate forecasting. The course contains four lessons to complete which are:
- Forecasting and Trend Analysis
- Time Series Analysis
- Accurate Forecasting
- External Factors
Each of the above lessons includes video content and interactive questions to check learner knowledge and is accompanied by supporting notes for the learner to read in their own time. . The course takes approximately 20 minutes to complete and you will need a pass mark of at least 75% on each of the lessons to continue in the module.
This module will benefit those in a role where they are asked to predict future financial performance and have an understanding of how to forecast.
Learning objectives
At the end of this module you will be able to:
- Describe the difference between a forecast and a plan
- Explain different forecasting methods
- Calculate forecast profit, taking into consideration changes in demand, selling price and costs
- Identify external factors which might impact on financial performance
Entry requirements
There are no entry requirements.
Course assessment and certification
On successful completion of the final assessment a downloadable certificate is immediately available from your Online Training Academy Dashboard.