The future is uncertain and so pro forma financial statements will almost certainly prove to be inaccurate.

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The future is uncertain and so pro forma financial statements will almost certainly prove to be inaccurate. It is, therefore, a waste of time to prepare them. Comment.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Financial Management for Decision Makers

ISBN: 978-0138011604

2nd Canadian edition

Authors: Peter Atrill, Paul Hurley

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