Financial Forecasting and Decision Making by Wallace Davidson III
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Financial Forecasting and Decision Making

Financial Forecasting and Decision Making


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About the Book

Many companies fail to succeed due to poor planning, which is one reason why accountants are in big demand. Skilled at forecasting, accountants can plan a company's future by determining the maximum sustainable growth and predict its external fund requirements. This book provides you with the basic tools necessary to project the balance sheet and statements of income and cash flow, enabling you to add a unique value to your client(s) work.

This book will prepare you to do the following:

  • Recall the basics of planning and forecasting financial statements
  • Recall considerations related to a basic forecasting model
  • Identify the evidence of growth mismanagement and develop the skills to determine maximum sustainable growth
  • Apply statistical procedures to forecasting
  • Analyze projected or forecasted financial statements

About the Author: Wallace N. Davidson, III, Ph.D., CMA, is a professor at Southern Illinois University, Carbondale with 25 years experience in corporate finance. He previously served as a financial analyst in the utility industry. Dr. Davidson is an accomplished author of several continuing education seminars for the AICPA, including the popular "Financial Statement Analysis: Basis for Management Advice." Twice recognized as an AICPA Outstanding Discussion Leader, Dr. Davidson speaks nationally to business organizations and state societies.


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Product Details
  • ISBN-13: 9781119514299
  • Publisher: Wiley
  • Publisher Imprint: Wiley
  • Height: 274 mm
  • No of Pages: 224
  • Series Title: AICPA
  • Weight: 571 gr
  • ISBN-10: 1119514290
  • Publisher Date: 15 May 2018
  • Binding: Paperback
  • Language: English
  • Returnable: Y
  • Spine Width: 13 mm
  • Width: 218 mm


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