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How to create & use pro forma statements

Cube Software

No business can survive without planning. The answers—based on different sources of data like market research or historical sales information—guide internal decision-making to promote regular, sustainable growth as well as create contingency plans for worst-case or best-case scenarios. What is a pro forma financial statement?

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Nonprofit Accounting Services: The Right Solution

The Charity CFO

As a result, the organization might not adhere to Generally Accepted Accounting Principles (GAAP), which can trip them up come tax time or during an audit. A solid picture of finances helps with strategic planning, identifying new fundraising opportunities, and evaluating program effectiveness. Prepare for and manage an annual audit.

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975: Turning the Tide at Beachbody | Marc Suidan, CFO, The Beachbody Company

CFO Thought Leader

As a seasoned advisor to management, Suidan had contributed shareholder insights to the turnarounds and restructurings of dozens of businesses. At this point, we have 600 people—unfortunately, this is 40% fewer than where we were at our peak—but this is all part of the turnaround plan and story.

CFO 52