Proforma Balance Sheet: What You Need To Know
Plantillas De Excel Gratis Tu Excel Pro Vrogue from www.vrogue.co Introduction When it comes to financial statements, one of the most important documents that businesses use is the balance sheet. It provides a snapshot of a company's financial health by displaying its assets, liabilities, and equity at a specific point in time. However, there is another version of the balance sheet called the proforma balance sheet, which is equally important but often overlooked. In this article, we will explore what a proforma balance sheet is and why it is crucial for businesses. What is a Proforma Balance Sheet? A proforma balance sheet is a financial statement that projects the future financial position of a company based on certain assumptions and estimates. It is typically used for planning and forecasting purposes, allowing businesses to evaluate potential outcomes and make informed decisions. Unlike the regular balance sheet, which reflects historical data, the proforma balance sheet p