Revenue Forecasting

Starting

December 2, 2022

Start Time

9:00 am

End Time

1:00 pm

Location

Virtual

Event Type

Nonprofit University

Registration Details

Members: $95
Non-Members: $120

Overview

Revenue forecasting – making confident projections for incoming funds to help guide decision making – is a vital competency, not only for finance and accounting staff but for all senior staffers and anyone else who oversees a budget.

With ongoing social and economic uncertainty, strength in revenue forecasting could be the difference that keeps your organization above the fray, out of the pitfalls, and ahead of the pack. In addition, it can also make a big difference when it comes to making your case to funders.

Key Concepts

  • What is revenue forecasting? What story does a revenue forecast tell? Why does it matter?
  • Basics of annual budget preparation and its impact on forecasting
  • Methods used in revenue forecasting, and why to use one over another
  • Making safe revenue projections and calculating revenue trends

Learning Objectives

At the end of this course, you will be able to:
  • Define revenue forecasting.
  • Explain multiple methods for revenue forecasting.
  • Calculate a revenue trend percentage.
  • Create revenue forecasts with quarterly, semi-annual, and annual overlooks.

Audience

This class is a perfect primer for program managers and other team members needing a focused introduction to revenue forecasting, and an ideal refresher for senior staff. Participants should have a working knowledge of basic finance, including the ability to read and interpret an income statement and the ability to build and review a program budget.

Facilitator(s)

faculty scotman square
Paula Scotman

Share This Class:

You might also be interested in these events

ACCT 110 | Introduction to Nonprofit Accounting, Part I: Revenue & Receivables

This course is designed to make you more comfortable with accounting rules regarding revenue recognition for nonprofits.
January 25, 2023
1:00 PM

Certificate of Nonprofit Accounting Essentials

Obtain practical skills in financial and accounting management your organization needs while growing your opportunities.
January 25, 2023
1:00 PM

Welcome to the new GCN.org!

We hope you like it as much as we do. If you have issues finding anything, reach out to us at info@gcn.org.