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Erudite AfricaCenter of Excellence
← Financial Management for SMEs: Strategic Financial Management

Financial Planning and Forecasting

Module 01 / 6 · 65 min · Free preview

Turn a growth plan into linked three-year projections, build revenue from real drivers and test the plan under base, downside and upside scenarios.

In this module you will learn to

  • Explain how strategy, assumptions, the financial model, the budget and monitoring fit into one planning cycle
  • Build integrated projections in which the income statement, balance sheet and cash flow agree
  • Forecast revenue from volume, price and capacity drivers and test it for realism
  • Run base, downside and upside scenarios and read what they mean for cash and debt service
  • Present a forecast to a bank or investor with a clear assumptions book

Built on

  • Erudite Africa training curriculum: Financial Management for SMEs, Level 3 Advanced, Strategic Financial Management (October 2026)
  • Income Tax Proclamation No. 979/2016 as amended by No. 1395/2025; VAT Proclamation No. 1341/2024 and VAT Registration Directive No. 1104/2025; Federal Tax Administration Proclamation No. 983/2016 as amended by No. 1434/2026
  • Capital Goods Leasing Business Proclamation No. 103/1998 as amended by No. 807/2013; Investment Proclamation No. 1180/2020; Investment Incentive Regulation No. 586/2026
  • Commercial Code Proclamation No. 1243/2021 and Financial Reporting Proclamation No. 847/2014 (IFRS for SMEs, AABE filing)
  • NBE Directives No. NBE/INT/13/2026 (interest rates), SBB/95/2025 (capital adequacy), FXD/01/2024 and FXD/05/2026 (foreign exchange)
  • Published good practice on financial modeling, quality of earnings review and the balanced scorecard (Kaplan and Norton)

Examples and companies are fictional. Tax rates and rules are shown as they stood when the course was written; always check the current proclamations, directives and guidance from the Ministry of Revenues before filing, and take professional advice for your own case.