We are pleased to present the First Edition of Vocational Skills in Accounting and Finance Paper – III (Introduction to Financial Forecasting) for the students of F.Y.B.A.F, Semester II at the University of Mumbai. This book is prepared according to the Revised Syllabus and the New Paper Pattern applicable from the academic year 2024-25, as per the NEP 2020 guidelines.
Proficiency in financial forecasting using Excel is a valuable skill sought after by employers in the finance industry. The ability to analyze data, identify trends, and make informed predictions is essential for roles such as financial analyst, budget analyst, and business planner. This course aims to enhance learners’ employability by providing them with practical skills that are directly applicable in real-world financial scenarios.
This course introduces them to the significance of financial forecasting in decision-making within organizations. It emphasizes the role of forecasting in strategic planning and highlights the ethical considerations involved. They will explore various forecasting techniques, including straight line, moving average, and time series analysis, along with their applications in sales forecasting and cash budgeting.
Contents –
1. Understand the Significance of Forecasting in Finance
2. Creating Forecasts using Excel
Sample Model Question Paper – I
Sample Model Question Paper – II
Sample Model Question Paper – III
