Forecasting GAAP Profit and Loss Risk Analysis 
Cube Software
MAY 11, 2023
Think of pro forma statements as a monetary crystal ball, a guiding financial forecast. The Securities and Exchange Commission (SEC) requires that discrepancies between pro forma and GAAP-compliant financial reports be explained when released to the public. A pro forma invoice is not a type of pro forma financial statement.
CFO Share
MARCH 14, 2022
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. Sales concentrations and/or backlog risk. Analysis of inventory reserves and allowances. Transactions with related parties.
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