Forecast / Mid-term report
During the year, the forecast provides the best possible estimate of the utilization of funds in the current fiscal year.
The interim report supplements the forecast with a summary of key events to date (highlights) as well as significant deviations from the budget including comments on their content.
The forecast is made at faculty or Executive Board unit level. The prerequisite is the assessment of the business performance of the units.
The forecast contains quantitative and qualitative statements on operating and investment accounts, opportunities and risks, as well as key figures on students, student-teacher ratios and the staffing budget.
Milestones: Forecast Finance Schedule