Blog tagged as profit and loss

Consolidations 6: Forecast 5 Handling of Minority and Associate Interests and Goodwill 
In the 6th & last in our series, discover how Forecast 5 handles minority and associate interests, as well as goodwill, in group consolidated forecasts. Understand the nuances of these elements and ensure accurate financial reporting across your group.
23.04.25 11:04 PM - Comment(s)
Avoiding the AI sinkhole
As AI adoption increases, finance teams struggle with rising costs, unpredictable cloud bills, and shadow IT purchases that strain budgets. A recent survey reveals that while IT budgets are set to grow in 2025, many organisations lack the data to track and manage spending effectively.
08.02.25 11:29 PM - Comment(s)
A Century of Dedication: The Moredun Foundation’s Impact on Livestock Health

The Moredun Foundation has been a pillar of support in the livestock farming community for over a century, consistently demonstrating its commitment to animal health and welfare. The Moredun Foundation describe themselves as 

“a mixed group of charities and commercial subsidiaries focused on pro...

28.11.24 12:36 PM - Comment(s)
Surviving the School Fees VAT Raid
Independent Schools face a 20% VAT hike in January 2025. See how Forecast 5 can help Bursars plan and make data-driven financial decisions quickly and accurately.
20.09.24 01:18 AM - Comment(s)