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Prospective Financial Statements

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Before starting this self study program, please go through the instructional document.

Overview

  • Uses And Periods
    7 mins
  • Assumptions
    13 mins
  • Estimating
    18 mins
  • Disclosures
    34 mins
  • Reporting
    41 mins

Course Description

As an advanced finance function, forecasts and projections play a crucial role. It provides the CXOs on selecting the hypothesis relevant for the situation. However, there can be numerous reasons to prepare a prospective financial statements in forecasts or projections. 

This webinar deals with the basis aspects taken into account while preparing a forecast or projection on prospective financial statements. The key points covered in the webinar are as follows:

  • Key scenarios when a forecast or projection of financial statements may be required
  • Recognizing the users and their purpose 
  • Understanding the periodicity of such webinar
  • Reviewing sample disclosures
  • Various reporting on prospective financials

This webinar will be a value-packed session for the CPAs, Accounting, and Finance professionals.  

Learning Objectives

  • To recognize when professional should issue a forecast or a projection
  • To identify the most common uses/users and their requirements
  • To recognize the number of periods to present
  • To review sample disclosures
  • To identify the different reporting on prospective financials

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Accounts Director
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Testimonial

4.3

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JS

The review questions and final quiz are very poorly worded and not necessarily correct. All questions in all courses should be extensively reviewed for accuracy and correctness.