Predictive Accounting Identifies the “Financial Picture”
Issue 002
A Business Plan contains a commentary on the strategies to be implemented over a range of activities and the business’ vision.
“Predictive Accounting” creates a “financial picture” of the visions and strategies by preparing 4 key documents:
- Key Drivers - the key compilation data relative to the predictive reports.
- Budgets - prepared for each business activity.
- Cashflow Forecast - reflects the financial figures shown in the budgets and from subaccounts within the key drivers - Debtors, Creditors, Inventory etc.
- Projected Balance Sheet - highlights the impact of the various financial decisions.
Towers Business Development has considerable experience in the preparation of Business Plans and Predictive Accounting Reports to assist business operators to have a clear indication of the financial results of the decisions being made now.
If you would like to discuss with us the concepts involved in the development of a “financial picture” for your business, why not contact , telephone 1800 232 088 or visit our website www.towersbusiness.com.au.