Remove Accounting Principles Remove Forecasting Remove Profit and Loss Remove Risk Analysis
article thumbnail

What is Quality of Earnings?

CFO Share

QOE reports go beyond the balance sheet and profit and loss statement – they challenge the underlying data through rigorous testing and management interviews to assess accuracy, and risk. Significant and/or unusual accounting policies such as: Changes in accounting methods. Changes in accounting principles.

article thumbnail

How to create & use pro forma statements

Cube Software

Think of pro forma statements as a monetary crystal ball, a guiding financial forecast. By plugging the specific transaction into the balance sheet, treasurers can see how it would affect the rest of the company and determine whether the benefits outweigh the potential risks/drawbacks.

GAAP 40