Assumptions in a Projected Balance Sheet

Introduction

A projected balance sheet is entirely different from an actual balance sheet as substantial projections and estimates need to be made according to the requirements of the business. A projected balance sheet looks at the massive financial changes taking place within the organization and takes these changes into account for estimating the assumptions. The projected balance sheet is a vital source of generating strategic financial planning. Long term business plans can be accomplished only with the creation of a projected balance sheet. Future asset growth is one of the top most priorities in the creation ...