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Prospective Financial Statements, Forecasts and Projections

Governmental entities frequently call upon their accounting professional to prepare prospective financial statements that present the entity's expected financial position and results of operations based on certain assumptions. Such financial statements are referred to as forecasts. Financial Statements that present similar information based on one or more hypothetical courses of action are referred to as projections. Both forecasts and projections are useful management tools that can make the difference between the success or failure of your entity's financial plan.

From projections of property tax rates to forecasts on the expected results of operations in a municipal utility, Bowman & Company LLP professionals have the experience and knowledge to assist your entity in preparing a financial plan.