article thumbnail

How to create & use pro forma statements

Cube Software

These financial modeling tools are one of the most important to help a company prepare for any kind of scenario imaginable and map out a future trajectory. Pro forma statements are financial projections that ask and attempt to answer "what if" questions. Pro forma statements are also used to secure financing.

GAAP 40
article thumbnail

The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

Data Visualization: Graphs, charts, and visual representations of financial data to help users better understand trends, patterns, and insights. Compliance: Adherence to accounting standards and regulations, such as Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).