Why is forecasting important to an organization?

You are a participant in the biweekly meeting with the finance department. You have been asked to lead the discussion on the role that forecasting should play at Strident Marks. Discuss the financial statement forecasting process and compare it to, and differentiate it from, the budgeting process. Why is forecasting important to an organization?

© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/business/business-management/why-is-forecasting-important-to-an-organization-3cm2