Budgeting

We help our clients in building a framework for a business’ financial objectives. In collaboration with business owners and CFOs, based on historical data and current market conditions, we prepare the financial forecasts for the next few months or years. Our detailed budget will include forecasts of an income statement, balance sheet, and cash flow statement covering items such as revenues, expenses, potential cash flow, capital structure, liquidity, solvency, etc. Once the budget is ready, we do variance analysis and report to business owners how the company is doing compared to the budget. We update forecasts as new information becomes available.