tailieunhanh - Tiếng anh chuyên ngành kế toán part 31

I typically call for five years of financials, recognizing that the farther out one goes, the less accurate the forecasts are. The rationale behind five years is that the first two years show the firm surviving and the last three years show the upside growth potential. The majority of new ventures lose money for the first two years. Therefore, the income statement and cash f low statement should be month-to-month during the first two years to show how much cash is needed until the firm can become self-sustaining. .