Close
Close

QUICK SEARCH
Search your Courses by Keywords

Finance & Accounting Training Course

Revenue Forecasting
& Analysis
(RFAx)

Applications of Best Revenue Forecasting Techniques

Why Choose this Training Course?

The analysis and forecasting of revenues are of critical importance in ensuring a successful budgeting and sustain the financial health of business. Demand planning or revenue forecasting is one most important aspect of any organization whether it is a service or a manufacturing organization.

This AZTech Revenue Forecasting & Analysis training course covers the foundations of revenue forecasting and statistical techniques to give participants the capacity to implement successful budgeting. In addition, it clarifies the analysis methods of revenue and how to help the organization to improve its revenue.

This training course will feature:

  • The concept of revenue forecasting
  • Forecasting Techniques
  • How to choose the best methods to accurate forecasting
  • The best practices in revenue analysis
  • The role of managers

What are the Goals?

By the end of this training course, participants will be able to:

  • Understand the role of revenue forecasting in the budget-making process
  • Identify best practices in revenue forecasting process
  • Identify the appropriate forecasting methods to your organization
  • Apply the accurate revenue analysis
  • Implement a comparative analysis of your revenue forecasting techniques
  • Recognize the use of advanced tools & techniques for planning revenue

Who is this Training Course for?

This AZTech training course is suitable to a wide range of professionals but will greatly benefit:

  • Public & Privet sector executives
  • Board directors and senior management
  • Professionals in banks
  • Financial Analysts
  • Consultants for board of directors
  • Accountants, controllers, finance directors in privet sectors
  • Financial Executives / Managers / Controllers / Directors
  • Auditors / Auditing Managers and Reporting Executives / Managers
  • Business Development Executives & Managers 

How will this Training Course be Presented?

This AZTech training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This course is highly interactive involving delegates in the discussion, analysis of case studies and exercises. Where appropriate, these will include real issues brought to the workshop by delegates.

The Course Content

Day One: Introduction to Revenue Forecasting & Analysis

  • The Budgeting Context
  • The Nature and Process of Revenue Forecasting
  • What Revenues to Forecast
  • What Expenditures to Forecast
  • Purpose of Forecasting Revenue
  • The Principles of Revenue Forecasting

Day Two : Revenue Forecasting Steps

  • Selection of forecast period
  • Adoption of assumptions
  • Selection of forecasting methods
  • Evaluation of estimates
  • Monitoring of outcome and comparison with forecasts
  • Updating the Forecasts

Day Three: Revenue Forecasting Methods

  • Qualitative and Judgement Forecasting Methods
  • Time Series Forecasting – Basic Concepts
  • The Naïve Forecast
  • The Moving Average Forecast
  • A Regression Method
  • Exponential Smoothing

Day Four : Revenue Analysis

  • Concept of Revenue Analysis
  • Importance of Revenue Analysis
  • Products as Revenue Drivers
  • Ensure regular updates to the taxpayer registry
  • Challenges Associated With Revenue Analysis
  • Revenue Analysis Worksheet

Day Five: The Roles of the Board in Forecasting

  • How to Choose the Right Forecasting Technique
  • Methods, Products & the Life Cycle
  • Forecasting the growth rate
  • Forecasting quality
  • Improve Revenue and forecasting with active planning
  • Corporate Governance & Forecasting

The Certificate

  • AZTech Certificate of Completion for delegates who attend and complete the training course

DO YOU WANT TO
LEARN MORE ABOUT THIS COURSE?

Request for In-House Solutions
Request for
In-House Solutions
Request for More Details
Request for
More Details
Share this Course With a Colleague
Share this Course
With a Colleague
Download/Print  Course Brochure
Download/Print
Course Brochure

Send to Colleague

© 2021. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Send Successfully

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Print Page

© 2021. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

Download PDF

© 2021. Material published by Aztech shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


Sending your message. Please wait...

Close

There was a problem sending your message. Please try again.

Please complete all the fields in the form before sending.

USE THE COURSE FINDER TO
BROWSE OVER 400 COURSES

Online Training

DISCOVER OUR
ONLINE TRAINING
COURSES