This paper circulates around the core theme of 1. Prepare pro forma financial statements. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
Applied Managerial Finance
The central part of the overall financial plan is the financial budget, which
includes the cash budget and pro forma financial statements, both of which set
the tone of the strategic financial plan (Shim & Siegel, 2008).
The financial planning process includes the following five steps (Brigham et al.,
2004):
1. Prepare pro forma financial statements.
2. Determine the capital needs of the corporation.
3. Identify the sources of capital funds available for the next 3–5 years.
4. Implement a system of controls to manage the allocation of funds.
5. Formulate a monitoring and revision plan.
