Blog | Forecast 5

The Audit, Reporting and Governance Authority (“ARGA”) and Forecast 5

Right at the top of the King’s Speech(1) on 17 July, 2024 in only the third paragraph King Charles noted “Bills will be brought forward to strengthen audit and corporate governance, [Draft Audit Reform and Corporate Governance Bill]."

Known as ARGA, this bill has been a long time coming as this ...

25.07.24 08:31 AM - Comment(s)

How Forecast 5 can help you manage your organisation

By Stephanie

It’s a funny old world – the strange arithmetic of the UK’s “first past the post” system propelled Labour into the House of Commons with 63% of the seats whilst the Conservatives and Reform achieved a scant 20% of the seats with more votes!

To some, heaven on earth, to others Armageddon.

At Fore...

12.07.24 08:55 AM - Comment(s)

How Forecast 5 can help navigate in a changing political environment

By Stephanie

Unlike the pilot of the imaginary plane after last weekend’s European elections that saw major shifts to the right across multiple countries in the EU, the move in the UK if the pollsters are to be believed is that the UK will shift to the left.

At Forecast 5 we aren’t in the business of pickin...

17.06.24 09:04 AM - Comment(s)

Reflecting on Accountex London 2024: A week of connections and insights

By Stephanie

Reflecting on Accountex London 2024

23.05.24 02:59 PM - Comment(s)

Why would you use Spreadsheets for your forecasting when Forecast 5 is at your fingertips?

By Caroline

At Forecast 5 we look past the spreadsheets and show you the benefits of moving towards a more reliable budgeting and forecasting solution.

17.04.24 07:58 PM - Comment(s)

I & H Brown: Seeing a buoyant rise after riding out the Covid storm

By Caroline

When Covid struck and an IT glitch took hold, Forecast 5 was able to help I & H Brown look to a future with a prosperous outcome.

11.03.24 11:54 PM - Comment(s)

Factoring your debtors? - A guide to how Forecast 5 can help

By Caroline

We take a closer look at Debtor Factoring and how Forecast 5 can help you track the effect in your company.

16.02.24 03:43 AM - Comment(s)

Forecasting the Total Cost of Labour; quickly, transparently and accurately.

By Caroline

With the costs of salaries such a huge proportion of a company's expense, it is great to know just how Forecast 5 can hep control these figures.

05.12.23 05:08 AM - Comment(s)

Massive audit failures, a record fine, and a suggestion

By Caroline

In March 2017 KPMG signed an unqualified audit report for Carillion plc for the 2016 financial year, just as they had previously for the years 2014 and 2015.

In July and September 2017, Carillion announced provisions of £1.045billion primarily arising from expected losses on seve...

20.10.23 05:02 AM - Comment(s)

Going Concern Assessments - Use the right forecasting tools for the job!

By Caroline

In Edition 27 of Chartered One we considered the different interpretations of the Going Concern Statement required under IFRS and FRS, pointing out that both the FRC and the ICAEW had issued guidance during 2020....

17.10.23 01:58 AM - Comment(s)

Quick, Responsive Forecasts and the Going Concern Assessment

By Caroline

In a business world of uncertainty, one thing is for sure: if management signs off on financial statements describing their company as a going concern, heads will roll if it folds in six months...

15.10.23 12:54 AM - Comment(s)

Harrogate Spring Water: A Sparkling Success for Forecast 5

By Caroline

After moving from Sage Winforecast to Forecast 5, we spoke to Damien Wilkinson from renowned drinks company; Harrogate Spring Water to discuss how Forecast 5 works for them

26.09.23 03:15 AM - Comment(s)

Are you sure your Budget is correct?

By Caroline

How confident are you that your budget outputs are correct?

14.06.23 08:36 PM - Comment(s)

What we learnt at Accountex 2023

By Stephanie

What we learnt from our time at the London Accountex 2023

29.05.23 10:22 AM - Comment(s)

Forecast 5 at Accountex 2023!

By Stephanie

Need to prepare a consolidated forecast for your group or business entity? Are you sweating, just a bit, at the thought?

29.05.23 10:21 AM - Comment(s)

Are preparing consolidated forecasts causing a bit of a sweat?

By Stephanie

Need to prepare a consolidated forecast for your group or business entity? Are you sweating, just a bit, at the thought?

20.03.23 10:07 AM - Comment(s)

Measure what matters

By Stephanie

In 1999 a venture capitalist, John Doerr, invested $11.8m for a 12% stake in a startup promoted by two Stanford grad school dropouts which had amazing technology, great entrepreneurial energy, sky high ambitions - but no real business plan.

07.02.23 02:40 PM - Comment(s)