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    Abel Industries

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    As a division manager at Abel Athletics, you are expected to work with the finance department to develop financial forecasts for your division. Prepare a document that explains why forecasting is important to an organization. In this document, include the following:

    * Explain the forecasting process.
    * Compare and contrast it to the budgeting process.
    * Discuss the role of projected or forecasted (pro forma) financial statements in the budgeting process.

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    As a division manager at Abel Athletics, you are expected to work with the finance department to develop financial forecasts for your division. Prepare a document that explains why forecasting is important to an organization. In this document, include the following:

    As a division manager at Abel Athletics, you are expected to work with the finance department to develop financial forecasts for your division. Prepare a document that explains why forecasting is important to an organization. In this document, include the following:

    * Explain the forecasting process.
    The forecasting process will take into con consideration the capital that your division will require if it requires external funding. The security that the division can offer lenders, the plan for repaying borrowing, and the volume of revenue and income form an important part of the forecasting process.
    The most important part o the ...

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