The Financial Forecasting Policy and Procedure helps make thoughtful and intelligent predictions regarding revenue and expenses that allow for capital planning, creating budgets, and financial management. The procedure ensures that these activities align with overall company objectives and strategies, and that financial resources for operating the business are in place. This applies to the Finance and Accounting Departments. (10 pages, 1784 words)

Activities Covered in the Financial Forecasting Policy Procedure

• Financial Forecasting Plan
• Collecting Information for Financial Forecasts
• Creating Financial Forecasts
• Reviewing and Completing Financial Forecasts
• Financial Re-Forecasting
• Improving the Financial Forecasting Process

References Used in the Financial Forecasting Policy Procedure

• SEC Regulation S-X, Article 11 (17 CFR 210, USA)

Forms Included in the Financial Forecasting Policy Procedure

• Financial Forecast Checklist Form