Unique Skill ID: ES4693FB63C9108A79AA

Expense Forecasting

Expense forecasting is the process of estimating future business expenses based on past and current financial data. It require specialized skills and knowledge in financial analysis, accounting, operational management and economics. Through this practice, businesses can create budgets, make informed decisions about investments, and assess risks related to expenditures to ensure optimal financial health. Successful expense forecasters use reliable data and analytics tools to identify trends and patterns, and have a strong understanding of their company's financial goals and objectives.

This Skill is part of Lightcast Open Skills, a library of over 32,000 skills used by schools, communities, and businesses that has become the standard language.
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