Budgeting & Forecasting

A healthy fiscal plan necessarily requires that attention be paid to budgeting and forecasting. While budgets are created in order to establish a basis for expenditures in the coming year, forecasts help model what the budgeted figures should translate to in terms of performance.

We rely upon historical data and information to establish an accurate picture of what businesses will actually achieve during the projected period. This financial viewport into the future can serve as a reference point throughout the year, helping to inform key decision making around company finances.

Budgeting & Forecasting Includes:

  • Annualized revenue and expense expectations
  • Consideration of historical trends
  • Creation of Key Performance Indicators (KPIs)
  • Variance analysis to mitigate risk and modify goals