Blog by Caroline

Consolidations: Forecasts made easy with all the bells!
In the 1st of a series of blog posts on Consolidations, learn how Forecast 5 simplifies complex consolidations, from currency conversions to intercompany eliminations, making group forecasting effortless.
09.10.24 10:34 PM - Comment(s)
Surviving the School Fees VAT Raid
Independent Schools face a 20% VAT hike in January 2025. See how Forecast 5 can help Bursars plan and make data-driven financial decisions quickly and accurately.
20.09.24 01:18 AM - Comment(s)
Raw Materials, WIP & Finished Goods -  controlling the manufacturing process and enjoying the profits!
Efficient budgeting and cost analysis are essential for any business. Discover how Forecast 5's Stock on Hand functionality helps manage work in progress, production costs, and finished goods pricing across various industries.
07.08.24 08:46 PM - Comment(s)
Why would you use Spreadsheets for your forecasting when Forecast 5 is at your fingertips?
At Forecast 5 we look past the spreadsheets and show you the benefits of moving towards a more reliable budgeting and forecasting solution.
17.04.24 07:58 PM - Comment(s)
I & H Brown: Seeing a buoyant rise after riding out the Covid storm
When Covid struck and an IT glitch took hold, Forecast 5 was able to help I & H Brown look to a future with a prosperous outcome.
11.03.24 11:54 PM - Comment(s)
Factoring your debtors? - A guide to how Forecast 5 can help
We take a closer look at Debtor Factoring and how Forecast 5 can help you track the effect in your company.
16.02.24 03:43 AM - Comment(s)
Forecasting the Total Cost of Labour; quickly, transparently and accurately.
With the costs of salaries such a huge proportion of a company's expense, it is great to know just how Forecast 5 can hep control these figures.
05.12.23 05:08 AM - Comment(s)
Massive audit failures, a record fine, and a suggestion 

In March 2017 KPMG signed an unqualified audit report for Carillion plc for the 2016 financial year, just as they had previously for the years 2014 and 2015. 

In July and September 2017, Carillion announced provisions of £1.045billion primarily arising from expected losses on seve...

20.10.23 05:02 AM - Comment(s)
Going Concern Assessments - Use the right forecasting tools for the job!
In Edition 27 of Chartered One we considered the different interpretations of the Going Concern Statement required under IFRS and FRS, pointing out that both the FRC and the ICAEW had issued guidance during 2020....
17.10.23 01:58 AM - Comment(s)
Quick, Responsive Forecasts and the Going Concern Assessment
In a business world of uncertainty, one thing is for sure: if management signs off on financial statements describing their company as a going concern, heads will roll if it folds in six months...
15.10.23 12:54 AM - Comment(s)
Harrogate Spring Water: A Sparkling Success for Forecast 5
After moving from Sage Winforecast to Forecast 5, we spoke to Damien Wilkinson from renowned drinks company; Harrogate Spring Water to discuss how Forecast 5 works for them
26.09.23 03:15 AM - Comment(s)
Are you sure your Budget is correct?
How confident are you that your budget outputs are correct?
14.06.23 08:36 PM - Comment(s)