Week 7 Discussion- Managerial Finance

Week 7 Learning Resources

Managerial Finance

Financial Forecasting

In today’s ever-changing economic landscape, the ability to predict future trends and outcomes is vital for effective financial management. The following resources provide information on how financial managers use forecasting as a means to predict future outcomes and assess risk.

· Kureljusic, M., & Karger, E. (2024).  Forecasting in financial accounting with artificial intelligence–A systematic literature review and future research agendaLinks to an external site. .  Journal of Applied Accounting Research,  25(1), 81–104. https://doi.org/10.1108/JAAR -06-2022-0146

· Shang, Z. (2021).  The research of financial forecasting and valuation modelsLinks to an external site. .  Advances in Economics, Business and Management Research,  178(1), 70–76. https://doi.org/10.2991/aebmr.k.210601.012

Required Media

· Accenture Academy. (2016, August 23).  Spotlight on the difference between budgeting and forecastingLinks to an external site.  [Video]. YouTube. https://youtu.be/FL2NcGYQ_Vc?si=ICAQlCDTvjkWMck1

· Avercast, LLC. (2015, December 8).  Forecasting methods overview Links to an external site.  [Video]. YouTube. https://youtu.be/fp-1_9mLlbc?si=rHljHPXy2g6Xinxg

· Prof Elf. (2024, January 8).  Incorporating risks into capital investment analysis in healthcare Links to an external site.  [Video]. YouTube. https://youtu.be/HwX-v_2U4Pw?si=G1AUnoEAriLqksv4