Explain how to identify, and respond to, changes in the external environment that affect financial forecasts
Depth 1 Depth 4.1 4.1a) How the key components of financial forecasting are used, including: 4.1ai) • Projected income statement 4.1aii) • Cash budget 4.1aiii) • Projected balance sheet 4.1aiv) • Projected use of funds 4.1av) • Funding sources 4.1b) How to use past, current and projected financial conditions to forecast 4.1c) How to forecast … Read more