Why forecasts are necessities for startups Experts advice on how to be conservative in your forecasts. The cash flow pro forma Business plans and financing proposals are based on projections. Past ...

As the chief operating officer at a firm specializing in financial and accounting services, I've seen firsthand the immense value that accurate financial reporting brings to a business. Whether you're ...

Discover how pro-forma forecasts work, their benefits, and limitations. Learn to leverage these financial predictions using income statements, balance sheets, and cash flows.

An organization’s ability to optimize its financial forecasting and budgeting processes is crucial for success. However, many financial leaders face challenges in developing effective budgetary ...

We (Kim, Muhn and Nikolaev) examine to what extent general-purpose large language models (LLM) such as GPT4 can make informed financial decisions based on mostly numerical financial data. We provide ...

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...