The earlier article dealt with some of the reasons for preparing the financial forecast.
As for the length and depth/details of the financial forecast, it varies as tabulated below:

Purpose/Requirements
How detailed?

1
To obtain banking facilities
12 months + 2 years

2
To restructure outstanding debts with banks
12 months + 3 to […]

Do we know why we need to prepare financial forecast?
Well, there are a few simple reasons:

To obtain Banking facilities by preparing projected financial statements like the Income Statement, Balance Sheet and Cash Flow Forecast.

With the forecasts, both the banker and company is able to determine […]

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This article deals with the following:

Warrants and the concept of Gearing effect;
Advantages of buying warrants instead of other instruments and
Some strategies when buying warrants

Warrant’s unique power is pertaining to the […]

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In the Edge, Malaysia (3/8/06) there was a very interestingly article pertaining to the importance of cash flow. This is especially useful when it relates to your own personal investment. The keynotes: […]

Sometimes, we might be confused with certain terms used like:

Flash
Best-estimate
Forecast
Budget
Plan

Normally flash is when the company’s cut off is over but the accounting deadline for submission is still a bit far away like about 7 to 10 days.
Local management or your overseas bosses want to see a “ flash” – an image of what might be […]