In the second part of this series, the author discusses three components that rely heavily on an accurate Balance Sheet (BS): the Return on Capital Employed (ROCE), the Working Capital and Cash Flow. He tells us how these components may impact forecasting accuracy.
Robert Jaeger
Robert Jaeger has 12+ years of experience in Manufacturing Controlling. During these years, he has extensive exposure to financial planning, cost accounting, M&A analysis, capital planning, and general accounting, as well as direct experience within the manufacturing industry. Robert also draws on a diverse background of experience, having worked in customer service and sales for a total of 7 years. He has a Bachelor's in Finance and a Master's of Science in Accounting.
Author's Articles
In this two-part series of articles, the author shows you how to improve forecasting accuracy using a manufacturing organisation as an example.