TAF PUBLISHING

This paper analyzes the overall business scenario of Bangladesh and examines the existing literature on rolling forecasting. A rolling forecast is one of those incorporated in the organizations alongside the traditional annual budget. As rolling forecast provides a skeptical look into a financial period that goes beyond a year and updates the forecast continuously, the chances of success in the predictions are increased. The possibilities business industries of Bangladesh might have to implement rolling forecasting are presented briefly. In addition, the paper tries to present a basic implementation process for rolling forecasting. However, applying new changes to a conventional method always breeds anxiety among the practitioners. Bangladesh, a yet to be developed economy, may face barriers and fierce challenges while it tries to implement rolling forecasting in the budget operations of the companies. As a result, an attempt is also made to formulate some recommendations by reviewing existing literature for the business organizations of Bangladesh.