oboloo

oboloo Glossary

Forecasted Financial Statement Method

oboloo Glossary

Forecasted Financial Statement Method

The Forecasted Financial Statement Method is a method of analyzing and presenting financial statements that uses past financial performance as the basis for predicting future performance. This method considers not only historical data but also current economic trends, market conditions, and other factors that can impact a business’s financial performance. Additionally, it provides insights into potential risks and opportunities so that organizations can make more informed decisions about their finances. By using this method, companies gain a clear understanding of their financials and can actively plan for the future.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971