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Financial Management
book

Financial Management

by Jack Alexander
January 2024
Intermediate to advanced content levelIntermediate to advanced
720 pages
17h 20m
English
Wiley
Content preview from Financial Management

21Long-Term Projections

UNIQUE CHALLENGES IN ESTIMATING LONG-TERM PERFORMANCE

Longer Forecast Horizon

LTPs will have an extended time horizon, ranging from two to five or more years. The methods and considerations used for short- to mid-term projections are usually not well suited to LTPs. There should be less emphasis on performance details and more understanding of strategic issues, market forces, and long-term performance drivers.

Greater Uncertainty

The longer the horizon of our plan or projections, the greater the ...

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Publisher Resources

ISBN: 9781394228362Purchase Link