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What is rolling Forecast and why is it used? What are some new development in this ?

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Question added by Nitin Gupta, ACA , FP&A , Rockwell Automation
Date Posted: 2013/10/29
Nitin Gupta, ACA
by Nitin Gupta, ACA , FP&A , Rockwell Automation

Found a useful link in this regards. please share your views

 

http://www.cashfocus.com/what-is-rolling-forecast.htm

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

In the rolling forcast you drop the ended period and replace it with a new future period to keep the total rolling period constant

Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

Rolling forecast is a process to update the forecast periodically (mostly quarterly).

The latest is using rolling forecast to derive rolling budgetting and rolling operations planning.

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