Financial Reporting & Analysis
Strong financial decisions require clear, reliable financial models that support smarter planning. AHP’s Financial Reporting & Analysis services translate data into meaningful information through forecasting, budgeting, cash flow planning, and performance analysis.
Additional services tailored for you.
Forecasts and Projections
Forecasts and projections are a type of engagement that presents prospective information in the form of financial statements. A forecast is a prospective financial statement based on assumptions that are believed to be the most likely to occur. A projection, on the other hand, is prospective information that is based on a “what-if” scenario, but not necessarily the most likely scenario. Different levels of reporting assurance are available for each form of engagement. An accountant may either examine (basically, audit-level assurance), compile, or apply agreed-upon procedures to prospective financial statements. The review level of assurance is not available for prospective financial statements.
Budgets, Forecasts, and Analysis
Budgets and forecasts are financial pictures of assumed future financial activity. The terms “forecast” and “budget” are often used interchangeably and mean an expected or most likely result. However, a budget can also be presented in a flexible format that covers a range of potential scenarios. For scenarios that are not the most likely to occur (in other words, “what if” events), a budget is referred to as a projection. We can help you prepare or interpret variances between actual and projected results.
Cash Flow Projections
This service identifies how and when cash is generated and used. It is a useful tool when preparing for or considering debt refinancing, business expansion, or general business planning.
Planning, Modeling, and Analysis
Our professionals can evaluate existing revenue volumes, margins, and costs in order to set achievable, measurable targets for critical components of profit or other business activities. Through the use of models, we can develop views of possible outcomes based on specified levels of activity, assumptions, or other variables. We can also recommend ways to implement and monitor appropriate plans of action.
Key Performance Measures
The identification and assessment of key leading and lagging indicators that are relevant to a particular organization is important. Performance measures unique to the organization can also be developed so that an organization can benchmark its performance.
Closely Held Businesses
Construction Companies
Employee Benefit Plans
Higher Education
Don’t see your industry?
We’re still prepared to help. Connect with our team to start a conversation.
Benefits
How we can help.
- Signal to management that corrective actions might be needed in some aspect of operations
- Provide a financial snapshot of the organization under certain assumptions
- Establish financial targets and increase accountability
- Satisfy external reporting requirements
- Reduce expenses and improve cash collections
- Identify primary sources and uses of cash flow
- Improve the strategic planning process and reduce operational risk
- Identify critical variables and their effect on revenue or profits
- Improve financial management and identify trends