Balance sheet forecasting sounds terribly tough, but it’s not. If you can forecast your P&L, then balance sheet forecasting is just an extension that can strengthen the quality of your earnings forecast and actually help predict the future financial health of your organization. For example, a balance sheet forecast provides that critical cash flow dimension which will assure banks and investors that you can match sources with uses of funds to achieve everyone’s financial goals. Bruce Lynn, a corporate treasury consultant specializing in cash and working capital management, walks through a “how to” to suggest practical best practices in balance sheet forecasting, using examples and numbers to help cement the learning.
The course discusses why balance sheet forecasting is important and how to link it to a P&L forecast. The course also covers the assumptions required to forecast key components of any balance sheet with its ability to provide insight into future financial ratios, working capital (A/R, Inventory and A/P), cash and investments, CAPEX, debt and equity.
By the end of the course you and your planning team will be able to initiate a balance sheet forecast and integrate this forecast with the other parts of your financial plan.
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Bruce has acquired over 20 years of corporate and banking experience in all aspects of treasury and financial management.
He has successfully tackled major assignments in such areas as treasury operations, cash and working capital management, strategic planning, credit, systems enhancements and other assignments involving financial planning and analysis of operating and capital budgets.
He has an Industrial Engineering degree from Lehigh University, a MBA in Finance from the Stern School of Business and is considered a Certified Treasury Professional (CTP) by the AFP, The Association of Financial Professionals, a national 14,000 member treasury and banking organization.
Bruce has been a contributor to the AFP’s Exchange and has made numerous presentations to the AFP and its regional associations as well as presentations to other professional associations such as the National Association of Corporate Treasurers (NACT) and the Institute of Internal Auditors (IIA).
Prior to starting the Financial Executives Consulting Group, he was a managing director of Greenwich Treasury Advisors, a treasury and risk management consulting firm. Also, he was a Vice President of Bankers Trust and Director of Cash Management for Ogden Corporation. During his many assignments he has worked in countries throughout Asia, Africa and Europe and with all levels of management up to and including the CEO level.
Strategic planning; Treasury Operations, domestic, international