We've looked at how to prepare proforma profit and loss (income) statements and how to generate cash flow forecasts from these. Once we have the cash flows, it is a quite straightforward process to ...

The document produced is known as a balance sheet and represents a freeze frame of what the business owns and owes at a particular moment in time. In the UK the classic format of the balance sheet is ...

Stocks to avoid have three things in common: "poor balance sheets, poor business models ... is to divide the interest expense in the profit and loss account into year-end debt and multiply ...

While you may consider a balance sheet to be an essential financial ... which demonstrates profit or loss, and a cash flow statement that lists how a business spends and received money.