Remove Accounting Principles Remove Auditing Remove Forecasting Remove Risk Analysis
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What is Quality of Earnings?

CFO Share

What is the difference between a quality of earnings report and an audit? Audited financial statements focus on compliance with GAAP accounting standards, whereas Quality of Earnings reports focus on the company’s earnings history and potential. Changes in accounting principles. Changes in accounting policies.

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How to create & use pro forma statements

Cube Software

Think of pro forma statements as a monetary crystal ball, a guiding financial forecast. Another, critical use case of pro forma financial statements is risk analysis. This is known as sensitivity analysis , and basically shows how risky the company's current position is.

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