The past is often the best guide to the future – but unless past results are made clear, they cannot provide a realistic vision of the future. The value of any business enterprise rests on its ability ...

Discover how pro-forma forecasts work, their benefits, and limitations. Learn to leverage these financial predictions using income statements, balance sheets, and cash flows.

Nobody has a crystal ball to tell the future, but a well-thought out pro forma can help you project to the best of your ability and explore different scenarios. A pro forma is simply a financial ...

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Timothy Li is a consultant, accountant, and finance manager ...