Summary
Full Transcript
Join Devon Coombs, CPA and MBA at Deloitte and lecturer at San Jose State, as he breaks down the mechanics of forecasting versus actual analysis (FP&A). Learn why most people struggle with planning and how to use tools like Compound Annual Growth Rate (CAGR) to predict business outcomes more accurately. Discover the importance of managing inputs rather than just forecasting outcomes, and explore strategic approaches such as sensitivity analysis and scenario planning. This comprehensive guide not only enhances your professional finance skills but also equips you with dynamic decision-making tools applicable in personal life. 00:00 Introduction and Overview 00:28 Understanding Exponential Growth 01:11 Using CAGR for Long-Term Goals 02:00 Controlling Inputs for Better Forecasts 03:21 Building Multiple Forecast Scenarios 04:12 Stress Testing Your Forecasts 06:31 Creating a Robust Forecasting Workflow 08:19 Conclusion and Final Thoughts
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