Haruspex is a new consulting company. They specialise in analysis of the market and process of producing

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Haruspex is a new consulting company. They specialise in analysis of the market and process of producing sellable products from industrial waste. They have asked Sophia Coronis, to prepare an examination of a prospective financial information report of the prospective company financial statements for the first two years. This will be presented to Apollo Bank as part of a loan request. 

A. What type of report would Coronis prepare – a forecast or a projection? 

B. Draft the report for Apollo Bank.

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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