Corporate Finance PowerPoint presentation. In this presentation, we will discuss the pro forma income statement, get ready, it’s time to take your chance with corporate finance pro forma income statement. Let’s first take a step back and think about the pro forma financial statements in general, remembering the fact that we got to do them in some type of order in order to do them in a logical fashion. And that would mean that we would first need the sales projection information, the production plan, we can use those in order to create the pro forma income statement.
Posts with the statements tag
Forecasting Objectives 405
Corporate Finance PowerPoint presentation. In this presentation, we will discuss forecasting objectives Get ready, it’s time to take your chance with corporate finance, forecasting objectives. When thinking about forecasting, we’re thinking about into the future, we’re thinking about kind of like a budgeting or projection type of process, we want to plan ahead making changes in strategy as needed. So we’re going to think about what we think will happen into the future. So we can strategize now, and do what we need. Now, in order to accommodate what we believe will be happening in the future. Based on our best guesses based on our forecasts, we’re going to construct a financial plan to support the growth.
Consolidation – Interim Acquisition
Advanced financial accounting PowerPoint presentation. In this presentation we will discuss consolidation and interim acquisition. In other words, we have a parent subsidiary relationship that parent owning a controlling interest over 51%. However, that controlling interest took place for a purchase of the common stock of the subsidiary that happened in the middle of the year. So prior to this, we’ve been talking about situations where we are doing consolidations for an entire year. And you may have question probably popped up in your head at some point in time as well what would happen if the purchase took place in the middle of the year now we have that mid year kind of purchase worse, especially concerned with that first year where the consolidation didn’t really happen. I mean, there wasn’t a consolidated ownership until sometime in the middle of the year, get ready to account with advanced financial accounting. So we’re talking about a situation where we have a consolidation but the consolidation happened in the middle of the years. We’re thinking about that first year, primarily What would happen? Well, if the consolidation didn’t take place in January in other words, the parent didn’t purchase the controlling interest in the subsidiary at the beginning of the year but happened at some point in the middle of the year what’s going to be the impact on the year in consolidation, which typically happens for the entire year? Well, the subsidiary is seen as being part of the consolidated entity from the time the stock is acquired, even if acquired in the middle of the year.