Auditing Financial Reporting Profit and Loss Restructuring 
CFO Share
OCTOBER 14, 2021
Continuously shrinking cash despite profitable financial reporting. Negotiations do not always recover 100% of the losses, so you will need to write off a portion of the fraud as losses. Pursue debt restructuring or apply for additional debt. No internal audit of credit card spending.
Cube Software
MAY 11, 2023
Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results. Pro forma statements are also used to secure financing.
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