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Author : Public Policy Institute (N.Y.)
Publisher :
ISBN 13 :
Total Pages : 99 pages
Book Rating : 4.:/5 (158 download)
Download or read book An Analysis of State Revenue Forecasting Systems written by Public Policy Institute (N.Y.) and published by . This book was released on 1985 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jinping Sun
Publisher : Routledge
ISBN 13 : 1351565117
Total Pages : 637 pages
Book Rating : 4.3/5 (515 download)
Download or read book Government Budget Forecasting written by Jinping Sun and published by Routledge. This book was released on 2017-09-25 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revenue and expenditure forecasting plays an important role in public budgeting and financial management, particularly during times of financial constraint, when citizens impose greater accountability upon government to use taxpayer dollars more efficiently. Despite its significance, revenue and expenditure forecasting is often overlooked in the budget process, and there is an imbalance between practice and research in this area. Based on the collaboration of budget scholars and practitioners, Government Budget Forecasting fulfills two purposes: Enhances the understanding of revenue and expenditure estimation both theoretically and practically Stimulates dialogue and debate among practitioners and academicians to identify good forecast practices as well as areas for improvement Divided into four parts, this comprehensive reference first examines forecast practices at the federal, state, and local levels, drawing on case studies that include California, Texas, and Louisiana. It then explores consensus systems and risk assessment, considering political factors and the costs of forecast errors. The text concludes with a call to transparency and guidance from a code of ethics, and a look at forecasting practices in emerging countries.
Author : Gary R. Allen
Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.3/5 (555 download)
Download or read book A System for Forecasting and Monitoring Cash Flow written by Gary R. Allen and published by . This book was released on 1985 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The research on which this report is based was performed as part of a study to develop an improved system for generating a two-year forecast of monthly cash flows for the Virginia Department of Highways and Transportation. It revealed that current techniques used by the Department to forecast right-of-way payments, salaries and wages, and allocations to cities, counties, other state agencies, and transit properties require no change. On the other hand, it showed that forecasts of expenditures on materials, supplies and equipment, and maintenance contracts have overestimated actual cash outlays by significant margins. In addition, this research revealed that success in forecasting federal revenue reimbursements is, at best, likely to be spotty and that forecasts typically will be overly optimistic. For state revenues, official forecast approved by the Office of the Secretary of Transportation necessarily serve as the basis of the official cash forecast; nevertheless a technique is proposed for early identification of significant changes in state revenue collections. The use of techniques derived from this research in a December 1983 forecast of cash flows for January Through July 1984 showed that the estimated cash balance for the end of the period was within $4.0 million of the actual balance. Among the major recommendations are that it may be reasonable to establish cash balances at contingency levels consistent with the expected excess of expenditures over revenues for the months of July through October.
Author : Shaikh M. Ghazanfar
Publisher :
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.:/5 (478 download)
Download or read book State Revenue Forecasting written by Shaikh M. Ghazanfar and published by . This book was released on 1977 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard Allen
Publisher : Springer
ISBN 13 : 113731530X
Total Pages : 1125 pages
Book Rating : 4.1/5 (373 download)
Download or read book The International Handbook of Public Financial Management written by Richard Allen and published by Springer. This book was released on 2013-08-15 with total page 1125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a virtual encyclopedia of public financial management, written by topmost experts, many with a background in the IMF and World Bank. It provides the first comprehensive guide to the subject that has been published in more than ten years. The book is aimed at a broad audience of academics/students, government officials, development agencies and practitioners. It covers both bread-and-butter topics such as the macroeconomic and legal framework for budgeting, budget preparation and execution, procurement, accounting, reporting, audit and oversight, as well as specialist subjects such as government payroll systems, local government finance, fiscal transparency, the management of fiscal risks, sovereign wealth funds, the management of state-owned enterprises, and political economy aspects of budgeting. The book sets out numerous examples and case studies describing good practice in public financial management, and is highly relevant for use in both advanced and developing countries.
Author : John T. Mentzer
Publisher : SAGE
ISBN 13 : 1452238391
Total Pages : 369 pages
Book Rating : 4.4/5 (522 download)
Download or read book Sales Forecasting Management written by John T. Mentzer and published by SAGE. This book was released on 2004-11-23 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating 25 years of sales forecasting management research with more than 400 companies, Sales Forecasting Management, Second Edition is the first text to truly integrate the theory and practice of sales forecasting management. This research includes the personal experiences of John T. Mentzer and Mark A. Moon in advising companies how to improve their sales forecasting management practices. Their program of research includes two major surveys of companies′ sales forecasting practices, a two-year, in-depth study of sales forecasting management practices of 20 major companies, and an ongoing study of how to apply the findings from the two-year study to conducting sales forecasting audits of additional companies. The book provides comprehensive coverage of the techniques and applications of sales forecasting analysis, combined with a managerial focus to give managers and users of the sales forecasting function a clear understanding of the forecasting needs of all business functions. New to This Edition: The author′s well-regarded Multicaster software system demo, previously available on cassette, has been updated and is now available for download from the authors′ Web site New insights on the critical area of qualitative forecasting are presented The results of additional surveys done since the publication of the first edition have been added The discussion of the four dimensions of forecasting management has been significantly enhanced Significant reorganization and updating has been done to strengthen and improve the material for the second edition. Sales Forecasting Management is an ideal text for graduate courses in sales forecasting management. Practitioners in marketing, sales, finance/accounting, production/purchasing, and logistics will also find this easy-to-understand volume essential.
Author : Alfred E. Harsch
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (364 download)
Download or read book An Analysis of the State Revenue System in Washington written by Alfred E. Harsch and published by . This book was released on 1939 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bismark R. D. K. Agbelie
Publisher :
ISBN 13 : 9781622600250
Total Pages : pages
Book Rating : 4.6/5 (2 download)
Download or read book Forecasting of Highway Revenues Under Various Options written by Bismark R. D. K. Agbelie and published by . This book was released on 2010-10-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 334 pages
Book Rating : 4.3/5 (555 download)
Download or read book Economic & Demographic Forecasts written by and published by . This book was released on 1982 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (184 download)
Download or read book Testing the Rationality of State Revenue Forecasts written by and published by . This book was released on 1988 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John B. Guerard, Jr.
Publisher : Springer Science & Business Media
ISBN 13 : 1461452392
Total Pages : 245 pages
Book Rating : 4.4/5 (614 download)
Download or read book Introduction to Financial Forecasting in Investment Analysis written by John B. Guerard, Jr. and published by Springer Science & Business Media. This book was released on 2013-01-04 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forecasting—the art and science of predicting future outcomes—has become a crucial skill in business and economic analysis. This volume introduces the reader to the tools, methods, and techniques of forecasting, specifically as they apply to financial and investing decisions. With an emphasis on "earnings per share" (eps), the author presents a data-oriented text on financial forecasting, understanding financial data, assessing firm financial strategies (such as share buybacks and R&D spending), creating efficient portfolios, and hedging stock portfolios with financial futures. The opening chapters explain how to understand economic fluctuations and how the stock market leads the general economic trend; introduce the concept of portfolio construction and how movements in the economy influence stock price movements; and introduce the reader to the forecasting process, including exponential smoothing and time series model estimations. Subsequent chapters examine the composite index of leading economic indicators (LEI); review financial statement analysis and mean-variance efficient portfolios; and assess the effectiveness of analysts’ earnings forecasts. Using data from such firms as Intel, General Electric, and Hitachi, Guerard demonstrates how forecasting tools can be applied to understand the business cycle, evaluate market risk, and demonstrate the impact of global stock selection modeling and portfolio construction.
Author : Dan Wang (Ph.D.)
Publisher :
ISBN 13 :
Total Pages : 125 pages
Book Rating : 4.:/5 (115 download)
Download or read book Government Revenue Forecasting During Exceptional Times written by Dan Wang (Ph.D.) and published by . This book was released on 2018 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government revenue forecasting errors have become larger, especially in exceptional times such as the periods surrounding economic recessions. Inaccurate revenue estimates stem from unanticipated revenue increases or decreases from a previous trend. Unfortunately, current forecasting methods relying primarily on trend analysis do not incorporate these kinds of sudden changes easily. When revenue punctuations occur, the revenue forecasting errors increase.To reduce forecasting errors caused by revenue punctuations in government revenue collections, I argued that analysts must not dismiss outliers as extraneous or useless phenomena. My research revealed an approach to incorporate outliers or punctuations into revenue forecasting. First, this research studied the criterion for judging the appearance of revenue punctuations using state governments’ quarterly collections of the five largest taxes from 1977 to 2016. Second, the research explored the patterns of these revenue punctuations, specifically the relationship between the changes in dollar amount and the amount of time from one revenue punctuation to another. Inspired by the few statistical techniques for identifying outliers, this research applied the studentized residuals method to detect the revenue punctuations. The result revealed that all five tax categories for each state have revenue punctuations, except Motor Fuels Tax in the state of Tennessee. Furthermore, this research disclosed that while not all the states and all the tax categories have statistically significant relationships between the depth and length of revenue punctuations, some states still have valid relationships. For the states that have statistically significant relationships, a forecaster, knowing depth, could calculate length and vice versa. Thus, the forecasting errors caused by revenue punctuations could be reduced when the protocols my research identified are used.
Author : Lawrence K. Lynch
Publisher :
ISBN 13 :
Total Pages : 18 pages
Book Rating : 4.:/5 (43 download)
Download or read book State Tax Revenue Forecasting written by Lawrence K. Lynch and published by . This book was released on 1975 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jinping Sun
Publisher :
ISBN 13 :
Total Pages : 185 pages
Book Rating : 4.:/5 (12 download)
Download or read book The Dynamics of State Revenue Forecasting in New York written by Jinping Sun and published by . This book was released on 2005 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Barry Blom
Publisher : Gfoa
ISBN 13 : 9780891252221
Total Pages : 92 pages
Book Rating : 4.2/5 (522 download)
Download or read book Revenue Analysis and Forecasting written by Barry Blom and published by Gfoa. This book was released on 2001 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John E. Silvia
Publisher : John Wiley & Sons
ISBN 13 : 1118569547
Total Pages : 400 pages
Book Rating : 4.1/5 (185 download)
Download or read book Economic and Business Forecasting written by John E. Silvia and published by John Wiley & Sons. This book was released on 2014-03-10 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the secrets to applying simple econometric techniques to improve forecasting Equipping analysts, practitioners, and graduate students with a statistical framework to make effective decisions based on the application of simple economic and statistical methods, Economic and Business Forecasting offers a comprehensive and practical approach to quantifying and accurate forecasting of key variables. Using simple econometric techniques, author John E. Silvia focuses on a select set of major economic and financial variables, revealing how to optimally use statistical software as a template to apply to your own variables of interest. Presents the economic and financial variables that offer unique insights into economic performance Highlights the econometric techniques that can be used to characterize variables Explores the application of SAS software, complete with simple explanations of SAS-code and output Identifies key econometric issues with practical solutions to those problems Presenting the "ten commandments" for economic and business forecasting, this book provides you with a practical forecasting framework you can use for important everyday business applications.
Author : Jack Rabin
Publisher : CRC Press
ISBN 13 : 9780824785925
Total Pages : 758 pages
Book Rating : 4.7/5 (859 download)
Download or read book Handbook of Public Budgeting written by Jack Rabin and published by CRC Press. This book was released on 1992-02-26 with total page 758 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is organized around two major themes: the budget process and budgeting fundamentals. Each chapter is a bibliographical treatise providing an in-depth overview of a major subfield of the disciple. The first section of the volume, on the budget process, presents background theories, histo
