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PROJECTION AND FORECASTS
Businesses often require outside assistance in preparing internal budgets, forecasts or projections. We can assist you prepare a budget or complete a forecast or projection:
- for internal financial management purposes
- to support an application for bank financing
- to meet the terms of your current banking agreement
- to assess the effect of a course of action being considered, i.e. purchase of new technology
Financial forecasts are prospective financial statements that present an entity’s expected financial position and the results of its operations, and changes in its financial position. It is based on the party’s assumptions reflecting conditions it expects to exist and the course of action it expects to take.
Financial projections are prospective financial statements that are based upon one or more hypothetical assumptions, and present an entity’s expected financial position, results of operations, and changes in financial position. A projection, unlike a forecast, is sometimes prepared to present one or more hypothetical courses of action for evaluation.
Apodaca CPA is an accounting firm based in Monrovia, Los Angeles County, California. We offer tax services, tax consulting and tax preparation services, bookkeeping services, business auditing, business financial services, corporate tax return services, Income tax services, inventory analysis services, non-profit accounting services, payroll processing services, financial services including pension plan management services, projection and forecasts services, cash budgeting and cash management services, education credits, energy credits and vehicle tax credits information and management.
Apodaca CPA provides accounting services, payroll services, personal and business consulting, tax solutions to individual entrepreneurs and small to medium size businesses in the cities of Monrovia, Arcadia, Pasadena, Altadena, Sierra Madre, San Gabriel, Duarte, Industry, South Pasadena, San Marino, Azusa, Covina, West Covina, Irwindale, Glendora, San Dimas, La Verne, Claremont, Burbank, Glendale and Los Angeles.