At WMBO CPA Group, we offer financial forecasting, projections and cash flow analysis services as part of our auditing and general accounting services in Georgia & the Southeast Region. Financial forecasting, projections and cash flow analysis is usually required by investors and potential lenders. These forecasts and reports also go a long way to ensuring that you better manage your finances. The provided reports present a prediction of the business’ finances and can be used to compare with your actual statements to track progress and accuracy along the way. Financial predictions, forecasts and analysis’ are not simple to carry out yourself, especially if you are a startup business that’s growing or experiencing financial troubles.
Accounting Forecasts, Projections & Cash Flow Analysis Typically Includes:
A forecast or projection will typically include a break down and explanation of start up costs, sales, expenses, cost of goods sold and your cash flow status. Financial forecasts are typically based on past, current and projected financial conditions. Forecasts, projections and cash flow analysis should form an integral part of your annual budgeting process. If you have an effective forecast and projection in place, you will be able to make better decisions for the business and will also be able to maintain its financial standing. Potential creditors and investors can also have a look at what their investment is expected to do in the upcoming months and years.