Blog tagged as Financialservices

Lord David Pannick rides to the rescue of Independent schools

The Autumn Budget presented last week has ruffled a not inconsiderable number of feathers with accusations of lying and broken manifesto promises flying. The Office of Budget Responsibility failed to support the Chancellor’s claim of a £22bn black hole left by the last government.

07.11.24 12:51 PM - Comment(s)

Consolidations: Forecasts made easy with all the bells!

By Caroline

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

By Caroline

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!

By Caroline

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)

The Audit, Reporting and Governance Authority (“ARGA”) and Forecast 5

By Stephanie

Right at the top of the King’s Speech(1) on 17 July, 2024 in only the third paragraph King Charles noted “Bills will be brought forward to strengthen audit and corporate governance, [Draft Audit Reform and Corporate Governance Bill]."

Known as ARGA, this bill has been a long time coming as this ...

25.07.24 08:31 AM - Comment(s)

How Forecast 5 can help you manage your organisation

By Stephanie

It’s a funny old world – the strange arithmetic of the UK’s “first past the post” system propelled Labour into the House of Commons with 63% of the seats whilst the Conservatives and Reform achieved a scant 20% of the seats with more votes!

To some, heaven on earth, to others Armageddon.

At Fore...

12.07.24 08:55 AM - Comment(s)

Why would you use Spreadsheets for your forecasting when Forecast 5 is at your fingertips?

By Caroline

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)

Forecasting the Total Cost of Labour; quickly, transparently and accurately.

By Caroline

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

By Caroline

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!

By Caroline

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

By Caroline

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

By Caroline

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?

By Caroline

How confident are you that your budget outputs are correct?

14.06.23 08:36 PM - Comment(s)

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Blog tagged as Financialservices

Lord David Pannick rides to the rescue of Independent schools

Consolidations: Forecasts made easy with all the bells!

Surviving the School Fees VAT Raid

Raw Materials, WIP & Finished Goods - controlling the manufacturing process and enjoying the profits!

The Audit, Reporting and Governance Authority (“ARGA”) and Forecast 5

How Forecast 5 can help you manage your organisation

Why would you use Spreadsheets for your forecasting when Forecast 5 is at your fingertips?

Forecasting the Total Cost of Labour; quickly, transparently and accurately.

Massive audit failures, a record fine, and a suggestion

Going Concern Assessments - Use the right forecasting tools for the job!

Quick, Responsive Forecasts and the Going Concern Assessment

Harrogate Spring Water: A Sparkling Success for Forecast 5

Are you sure your Budget is correct?

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