BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Two key aspects of financial planning are cash planning and profit planning. Cash planning involves the preparation of the cash budget and profit planning involves preparation of pro forma statements. To make cash budget and pro forma statements for a firm, accounting knowledge is needed.

Detailed explanation-2: -The steps are: Calculate the estimated revenue projections for your business. This process is called pro forma forecasting. Use realistic market assumptions. Do your research and speak with experts and accountants to determine what a normal annual revenue stream is, as well as asset accumulation assumptions.

Detailed explanation-3: -A proforma analysis is a set of calculations that projects the financial return that a proposed real estate development is likely to create. It begins by describing the proposed project in quantifiable terms.

Detailed explanation-4: -What Are Pro-forma Earnings? Pro-forma earnings describe a financial statement that has hypothetical amounts, or estimates, built into the data to give a “picture” of a company’s profits if certain nonrecurring items were excluded.

Detailed explanation-5: -What Is A Pro Forma Income Statement? Pro Forma Income Statement (also known as pro forma profit and loss) means how the adjusted income statement will look when certain assumptions, like non-recurring items, restructuring costs, etc., are excluded or if a loss-making unit is discontinued.