outputs/Does accurate and reliable financial forecasting remain an elusive goal/research--3231409162574121760.txt

[{"title": "16 Factors To Consider When Budgeting And Forecasting For Next ... - Forbes", "href": "https://www.forbes.com/sites/forbesfinancecouncil/2023/08/11/16-key-factors-to-consider-when-budgeting-and-forecasting-for-the-upcoming-year/", "body": "1. Historical Performance A crucial factor that managers need to consider when budgeting and forecasting for the upcoming year is the company's historical financial performance. Analyzing past..."}, {"title": "The Art and Science of Financial Forecast Reliability: Start Here", "href": "https://beebole.com/blog/financial-forecast-reliability/", "body": "Here are six factors that can affect financial forecast reliability. I'll dive into each one more in-depth below. Accuracy of data: The accuracy of the historical data used to create the forecast is crucial to its reliability. If the data is outdated, incomplete, or otherwise inaccurate, the forecast will not be reliable."}, {"title": "Avoid these 4 common financial forecasting mistakes", "href": "https://www.accountingtoday.com/list/avoid-these-4-common-financial-forecasting-mistakes", "body": "Avoiding these common mistakes ensures CPAs provide the best information and analysis to their clients. Executives with an accurate financial forecast in their tool belts will be able to make strategic plans for their business to grow and thrive. Justin Hatch. CEO, Reach Reporting. Technology Automation Budgets Financial reporting."}]