Forecasting is the prediction of future events. In the finance field, this usually means that an organization is attempting to predict its future sales. Financial Forecasting and Modeling discusses the different types of forecasting methodologies, the situations in which they should be used, and how to construct them. The course also examines the layout and formulation of a financial model, and addresses specific issues within such a model, including the treatment of depreciation, debt, equity, and working capital. Further, the course describes the construction of short-term and longer-term cash forecasts, concluding with a review of the Excel functions that can be used for financial forecasting and modeling.