Financial Forecasting: Meaning, Elements and Applications
After reading this article you will learn about the Financial Forecasting:- 1. Meaning of Financial Forecasting 2. Elements of Financial Forecasting 3. Other Applications. Meaning of Financial Forecasting: 'Forecast' means to form an opinion beforehand i.e. to make a prediction. Thus financial forecasting means a systematic projection of the expected action of finance through financial statements. It is needless to [...]