Chapter 7:
Preparation of Forecast Financial Statements

Chapter Learning Objectives

The learning objectives of the chapter are:

• Describing to participants on importance of preparation of forecasted financial statements.
• Guide participants on how to Prepare Business plans and Cash budget.

Learning Outcome

At the end of chapter the participants will be able to prepare Business plan and Cash budget.

Learning Activities

Individual Activities

• An assignment will be given, requiring the participant to produce the Cash budget.

Group Activities

• Participants will be required to discuss a business plan for a business planning to obtain a bank loan.

Sessions and Time Allocated

12. Preparation of Business plan: 1 hour
13. Preparation of Cash Budget: 1 hour