Blog tagged as Forecasting

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....

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...

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

How confident are you that your budget outputs are correct?

Accountex Insights: Cash‑flow rules, spreadsheets wobble, and Forecast 5 proved the safe harbour at Accountex 2023.

Discover why relying on spreadsheets for forecasting is risky and how modern platforms deliver accuracy, agility & strategic insight.

Replace Sage Winforecast with Forecast 5 — modern forecasting, full support and integrated budgeting for today’s financial demands

Import historic data, set up budgets, and import actuals, eliminating the need for manual data entry and reducing the risk of errors.

Contract Retentions accommodate constructions payment practice, allowing businesses to budget and track retentions effectively within their forecasts.

Manage user access, assign forecast statuses, and safeguard sensitive financial data with Forecast 5's Admin Pack.

During COVID, we detailed how you can utilise functions in Forecast 5 to help with your budget. Now we have updated this with tips still relevant today.