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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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Invisible, yet Invaluable: Valuing Intangibles in the Birkenstock IPO!

Musings on Markets

The resulting debate among accountants about how to bring intangibles on to the books has spilled over into valuation practice, and many appraisers and analysts are wrongly, in my view, letting the accounting debate affect how they value companies.

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5 Steps to Prepare your Organization for a Financial Audit

E78 Partners

Conduct Comprehensive Account Reconciliations Transitioning from a Cash basis to US GAAP accrual basis accounting is essential, providing a more accurate representation of an organization’s financial position. Such a roadmap, by design, ensures that the audit’s execution is both smooth and methodical.

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How to Build Shareholder Trust with Reliable Financial Reports

Planful

Valuations are a classic example of hole-filled financial reporting. History is riddled with companies that went public based on inflated valuations and false narratives. WeWork expected to offer shares to the public at a $47 billion valuation. If you want to build shareholder trust, start with the data.

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What Is an Exit Strategy in Business (and Why Do You Need One)?

Michigan CFO

Without an exit plan, you could find yourself in a difficult situation if something happens and you have to sell your business or retire. We’ll also provide tips on how to create an effective exit plan. An exit strategy is a business plan that outlines how you will leave your business when the time comes.

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What is Net Book Value?

The Finance Weekly

This measure is a direct product of fair value reporting, a principle insisting that assets be reported at their market value, which forms the bedrock of financial reporting standards under US GAAP.

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