Predictive Financial Modeling
Predictive Financial Modeling is a strategic finance capability that utilises statistical tools and algorithms to forecast a company's financial performance. It aids in making informed decisions on budgeting, investments, risk management, and potential business scenarios, directly applicable to an organization's accounting and financial planning functions.
Level 1: Emerging
At an emerging level, you are starting to grasp the basic principles of predictive financial modeling. You can understand and use data to create simple projections and financial forecasts.
Level 2: Proficient
At a proficient level you are able to create complex financial models based on historical data and industry trends to forecast future financial outcomes accurately in Finance and Accounting.
Level 3: Advanced
At an advanced level, you are proficient in developing complex financial models to forecast future performance accurately, incorporating advanced statistical techniques and utilizing sophisticated software tools in Finance and Accounting.
