Financial Planning and Forecasting 2021-2

DCF offered a second run of the Financial Planning and Forecasting seminar held via Zoom on November 13, 20, and 27, 2021. It was attended by forty-eight (48) participants.

On Day 1, Dr. Arthur Cayanan gave the participants an overview of the financial planning and forecasting process. Participants learned some tools and techniques to determine top level factors such as macroeconomic and industry variables, and how to incorporate them in forecasting. Using a listed Philippine corporation, the impact of strategic planning on forecasting was also discussed.

On Day 2, participants learned the use of financial statement analysis in drawing forecasting assumptions and applied it to actual financial statements of a listed Philippine corporation. Through exercises, they were also introduced to some tools in financial planning and forecasting – pro forma financial statements using the financial statement method and cash budgeting. The session was facilitated by Ms. Pamela Lloren-Alcantara.

Day 3 was about applying what they’ve learned from the past two sessions. Mr. Lester Aratea started with an in-depth discussion of the sales forecast, the most important projection in financial planning. Participants were further equipped with tools and techniques in developing reasonable assumptions in making financial forecasts. The seminar culminated with participants preparing of a five-year projected financial model of a listed Philippine corporation.

The following are feedback from some participants about the seminar:

“Not my first time to attend a webinar, but it’s my first from DCF. Learned a lot in Day 1. Speaker is very accommodating to the questions.”

“The knowledge of Dr. Art Cayanan on the subjects is unquestioned. I also like that he was able to explain the technical concepts in simple manner, and the examples he used and ideas he shared are relatable and practical. I also loved that he shared his personal views as we go along; it allowed me to appreciate their practical impact.”

“I love how Ms. Pam discussed the topics knowing that there are some who are non-accountants. Good refresher very well clear. Would be glad to have a more in-depth accounting related training/seminar with her in the future. Thank you Ms. Pam!”

“Sir Lester’s topic was explained very well. Thank you also for the extra lecture on valuation. Learned a lot from this series. Thank you DCF team!”

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