Financial reports are not just summaries of the past—they also include predictions for the future. In fact, most financial institutions are more interested in future performance than historical trends. In this course, accounting professors Jim and Kay Stice explain how to create forecasted financial statements for your company. Learn how to use past data such as cost of goods sold, depreciation expenses, and levels of inventory, and understand what caused those numbers to fluctuate over time. Along the way, learn how to use the information as the basis for forecasting, applying a simple but powerful equation. With real-world case studies, this course guides you through connecting past performance with future projections, incorporating the latest in AI tools and Excel forecasting skills. By the end of this course, you’ll be prepared to apply reliable financial models that support decision-making for investments, lending, and business growth.
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