As part of the real-world application of budgeting and finance concepts, each student will generate a pro forma Revenue Forecast, Proforma Income Statement, and Monthly Cash Budget.
You will be provided with an historical income statement, balance sheet, and detailed cash flow assumptions that will allow you to (1) determine a monthly revenue forecast, (2) develop a forecasted (pro forma) income statement, and (3) develop a monthly forecasted cash budget.
In addition to the documents above, you will provide a one-page synopsis that summarizes the results generated, along with your overall conclusion/recommendations.