Forecasting plays a crucial role in budgeting as it helps senior management predict what the company must do to deliver stable earnings per share (EPS) trends. It guides the planning and execution of strategies in various business departments and functions to achieve the targeted total. It also aids in monitoring activities within each department to ensure adherence to plans and delivery of desired results.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
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