CFOs up forecasting frequency amid economic uncertainty: survey

CFO Dive

Pricing pressures, labor costs and talent retention struggles are creating new forecasting challenges for financial and business leaders, the AICPA & CIMA survey found

IMF Cuts China Growth Forecast to 4.4%

CFO News Room

The International Monetary Fund further slashed its growth forecast for China this year to 4.4%, well below what Beijing aims to achieve, as widespread Covid-19 lockdowns and Russia’s invasion of Ukraine exacerbate pressure on the world’s second-largest economy.

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Tackling the build versus buy forecasting dilemma

CFO Dive

The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data

Dimon’s Hurricane Forecast

CFO News Room

JPMorgan Chase CEO Jamie Dimon warned of a potential economic “hurricane” down the road, and urged the Federal Reserve to take forceful measures to tackle inflation.

IMF trims FY23 India forecast to 8.2%

CFO News Room

The International Monetary Fund (IMF) on Tuesday scaled down its FY23 growth forecast for India by 80 basis points (bps) from its January projection to 8.2%, as it underscored the ripple effect of the Russia-Ukraine crisis on net oil importers and their aggregate demand.

A New Era in Cash Forecasting

CFO News Room

Cash forecasting is meant to drive smarter business decisions in all economic climates. To see how machine learning can help optimize cash, let’s first take a look at some of the traditional barriers to forecasting success. What are the current challenges in cash forecasting?

How Forecasting Tools Can Pull SMBs Through The Economic Storm

PYMNTS

While larger enterprises have had the resources to embrace financial forecasting technologies that wield sophisticated tools to bring greater value to that data, smaller businesses have historically been shut out of the market for such financial solutions.

Enterprise Planning Ahead of an Economic Storm

Collectiv

It’s difficult not to be concerned when all we hear about is the doom and gloom of an economic downturn. There’s no one-size-fits-all solution that will safeguard your organization against an economic downturn. Center of Excellence Data Analytics Data Strategy Planning and Forecasting

Moody’s ups India’s growth forecast to 9.5% for 2022

CFO News Room

“We have raised our 2022 calendar year growth forecasts for India to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5 Moody’s Investors Service on Thursday raised India’s growth forecast to 9.5 per cent from 7 per cent, and maintained our forecast for 5.5

Ukraine crisis: WTO slashes world trade growth forecast to 3%

CFO News Room

Similarly, the Ukraine war will likely weigh down global economic growth by 0.7-1.3 percentage points from the earlier forecasts, bringing growth to somewhere between 3.1% The Russia-Ukraine conflict could substantially weigh down global trade growth to 3% in 2022 from 4.7%

Cash-Flow Forecasting remains KING

Simply Treasury

“If you have to forecast, forecast often” (Edgar R. Need for reliable forecasts. Nobody could deny the importance of having accurate and reliable Cash-Flow Forecasts (CFF). Managing cash is easier than forecasting cash. So, what are the keys to good forecasting?

India GDP growth forecast cut to 7.9 pc: Morgan Stanley

CFO News Room

As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India’s GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9 Building in higher oil prices, we trim our F23 GDP growth forecast 50bps, to 7.9

Global Economics Intelligence executive summary, April 2022

McKinsey

Amidst high inflation and the continuing war in Ukraine, strong demand persists; forecasting institutions trim growth estimates. Strategy & Corporate Finance Insights Economic Studies Strategy

IMF cuts 2022 global economic growth forecast to 4.4%

Future CFO

The IMF revised recently its 2022 global economic growth forecast to 4.4% global economic growth for 2023, up from the prior projection while cumulative expansion for the two years will still be 0.3 percentage point less than previously forecast.

Citing Russia’s war, IMF cuts global growth forecast to 3.6%

CFO News Room

The 190-country lender cut its forecast for global growth to 3.6 per cent it forecast in January. The war will slow economic growth and increase inflation,” IMF chief economist Pierre-Olivier Gourinchas told reporters on Tuesday. economic growth is expected to drop to 3.7

Capex forecasting: strategically aligned investment decision making

Onplan

Economic disruptions like Covid-19 can scrap the best laid plans overnight. These are complex questions that Finance and the executive team need to have a handle on; making fleet-footed decisions confidently can only be done on the back of an accurate Capex forecast.

5 Tips to Recession Proof Your Business Budget & Financial Forecast

Centage

With proper budgeting and forecasting, just about any business can protect itself against recession. Failing to reevaluate assumptions in today’s uncertain economic environment can have serious consequences. Revisit Your Forecast Assumptions. Use Actuals for Your Forecast.

Planning and Forecasting: Where Nirvana is for Enterprises

Collectiv

To succeed in a highly competitive business landscape, enterprises need a robust financial planning and forecasting strategy. Why Planning and Forecasting are Critical for Enterprises. Financial planning and forecasting go far beyond just day-to-day budgeting.

Implementing a Rolling Forecast: A How-To from Embark

Embark With Us

Take the rolling forecast, for example. Lending agility, foresight, and flexibility to leaders and their organizations, the rolling forecast is an operational GPS unit that can lead your company through even the roughest, most uncertain economic terrain.

International COVID-19 Economic Stimulus and Relief

CFO News Room

This has been further compounded by an economic crisis caused by the disease’s disruption to the world economy, resulting in millions of people losing their livelihoods, exacerbating global poverty and inequality. Coronavirus Aid, Relief, and Economic Security (CARES) Act.

A Step by Step Guide to Rolling Forecasts

Onplan

Rolling forecasts provide companies with live financial plans updated in real-time to respond to internal changes and external events. Rolling forecasts make use of historical financial data, the latest market conditions, and up-to-date understanding of evolving risks and opportunities.

What You Need to Know: Rolling Budgeting, Rolling Financial Forecasting, and Mid-Year Forecasts

Centage

The current economic circumstances haven’t just resulted in financial uncertainty for millions of Americans. With rolling forecasts, businesses can gain better insight while aligning their sales and production goals with what’s actually happening from a financial perspective.

The West’s Economic War Plan Against Russia

CFO News Room

So if you compare the entire Iranian economy, it’s arguably less significant as an economic actor than the Central Bank of Russia.”. Mr. Fishman teaches a course on sanctions—“Economic and Financial Statecraft”—at Columbia’s School of International and Public Affairs. Just as.

10 Rules for Forecasting

CFA Institute

Joachim Klement, CFA, has created his own set of rules to use as guidance when forecasting economic or political events. Drivers of Value Economics Future States History & Geopolitics Portfolio Management economics Forecasting Investment Management Strategies

CEOs Say They Are Bracing for a Recession—Even as the Economy Remains Strong

CFO News Room

says it will be difficult to avoid an economic downturn. The chief executive of Wells Fargo & Co. The head of Frontier Airlines predicts conditions for high airfares could last for years. A veteran healthcare entrepreneur expects some startups to be wiped out in a recession.

RBI monetary policy key takeaways: MPC raises inflation forecast, backs growth amid stormy clouds

CFO News Room

The global economic environment has drastically altered, with the escalating geopolitical situation clouding the outlook for both growth and inflation in India and across the world warranting a revision in forecasts,” according to the monetary policy statement.

High Inflation, Slowing Growth Raise Risk of Global Downturn

CFO News Room

Certainly the economic outlook globally is challenging and uncertain,” Ms. The global economy is in danger of entering a period of so-called stagflation, or high inflation and weak growth, policy makers and corporate leaders say, which could erode living standards around the world.

Forecasting the Post-Coronavirus World

CFA Institute

Joachim Klement, CFA, is confident of one post-pandemic forecast: Fewer things will change than we expect. Coronavirus Economics Future States History & Geopolitics economics Forecasting

Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. financial forecasting

Markets face crucial summer week, with Fed, earnings and economic data

CFO News Room

On top of that are several hefty economic reports, which should add fuel to the debate on whether the economy is heading toward, or is already in, a recession. That makes the economic reports in the week ahead all the more important.

Trend Up in a Downturn: How Non-Profits can use Cash Flow Forecasting to Thrive in Q4

Lime Light

Cashflow Forecasting as a Compass. The economic outlook for the future may look dim but there are many tools available to help non-profit organizations adjust and thrive in a downturn. Budgeting and Forecasting Non-Profit

Small Businesses Lose Confidence in U.S. Economy

CFO News Room

Fifty-seven percent of small-business owners expect economic conditions in the U.S. Small businesses are flashing warning signs on the U.S. economy as inflation, supply-chain snarls, a shortage of workers and rising interest rates darken the outlook for entrepreneurs.

A New Era in Cash Forecasting

CFO Leadership

Cash forecasting is meant to drive smarter business decisions in all economic climates. To see how machine learning can help optimize cash, let’s first take a look at some of the traditional barriers to forecasting success. What are the current challenges in cash forecasting?

How a CFO Adds Value: Cash Flow Forecasting

Beacon CFO Plus

If you are weighing the benefits of outsourcing CFO services, consider this: Accurate cash flow forecasting can make or break your business. Cash flow forecasting involves estimating cash flow in and out during a predetermined period of time. by Rob Joseph, Director, BeaconCFO Plus.

The Value of Data-Driven Cash Flow Forecasting

Centage

While you might not be able to prevent the next economic downturn, there are steps your business can take to ensure you’re in the best possible position to handle what’s to come. The goal is to gather the necessary information to forecast your cash flow quickly, correctly, and frequently.