Financial forecasting is a sequential process that is dependent on the development of valid assumptions and reviewing data integrity as the model is developed and evaluated. A systematic approach to assembling and evaluating the data based on the design objectives and assumptions are critical. In short, forecasting is the foundation of your valuation. What happens when your initial perceptions and observations require revision during the process to achieve the design objectives of the model? Mark Shirley will illustrate a systematic and ordered approach to developing a financial forecast model and advise on ways to reduce the occurrence of systemic design errors.
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