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Explain quarterly forecasting updating revenue and expense models?
Wiki User
∙ 13y ago
Quarterly forecasting is basically an analysis of revenue and expenses to be earned or incurred in future. Revenues are best estimated with respect to product / service demand in the market. If an expert says that revenue will boom, that means profit will increase... so appropriately expenses will be more related to income...... this concept should alwaz be kept in mind in forecasting..... And also past % is to be seen and and those percents should be a point of forecasting also........
Thanks.
Wiki User
∙ 13y ago
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