Stochastic Budgets. MS Power BI as a Business Forecasting Tool

The work aims to develop the potential contained in the forecasting equations regarding the complementary themes of planning, programming, perspectives, and business control, both executive and financial, from a strategic point of view. Using a suitable set of symbols is intended to further develop the investigation of ex ante determinations, particularly budgetary stochastic determinations, through business simulation algorithms and advanced computational engines, e.g., MS Power BI. The emphasis is on estimated quantities This system of values, integrated with non-monetary quantities and “qualities,” feeds into the company's general information system, which is intended to analyze budgetary determinations of periodic income, balance sheet capital, and economic capital. We devote a particular interest to periodic income. A central point of the research is the clarification of the periodic synthesis of estimated quantities and conjectured quantities through random variables already incorporated into the equations of Italian and international scholars now in an improved stochastic symbology. This improved formulation makes operational application possible, using advanced business software, to resolve concrete business problems. The research should be considered as a development of previous research.