Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...

No one likes a surprise bill or an unexpected expense. These situations tend to create financial strain—especially for businesses with delicate cash flow. It’s why most businesses engage in financial ...

Financial forecasting is pivotal in my journey as a chief financial officer (CFO), steering strategic decisions and shaping the trajectory of organizations. Over the years, I’ve witnessed a ...

Looking for the best financial forecasting software? Explore the key features to consider when choosing the right solution for your business. Financial forecasting is an essential step of many ...

Alongside accounting basics, understanding the different financial forecasting models and how to implement the model that’s right for your startup’s business plan is absolutely essential. Alongside ...

Financial forecasting is the act of estimating future financial outcomes for a business or an investment. It is a critical process in financial planning and decision-making. It employs statistical ...

Forecasting future finances is important to running a business. Will you make enough next year to cover costs? Will you be able to expand? Will you have to lay off staff? The percentage-of-sales ...

Chase is the CEO of ProAI, an AI-powered platform providing customized tools and advisory to help businesses start, fund and scale. In an increasingly volatile business landscape, data-driven ...

OpenAI’s GPT-4 is better than humans at analyzing financial statements and making forecasts, according to a new study. “Even without any narrative or industry-specific information, the LLM outperforms ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...

Financial statements are written records of a business’s financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement. They ...

Small businesses often use a variety of tools and techniques for measuring performance and forecasting future financial returns. Financial forecasting is the business function responsible for ...