Please guide me, What is PROJECTED BALANCE SHEET. and how to Prepare that. one of my clients borrowed a loan from Bank. They asked to submit Projected Balance sheet. so please guide me that how to prepare it .it will very helpful to me. thanking you
05 January 2017
Pandian, projected Balance sheet is nothing but financials projections of next 5 yrs (based on the actuals for last 3 yrs). Usually banks ask this to know how the company will perform going forward and they calculate the key ratios based on it. You can google projected Balance sheet format or ping me - i will share the format with you.
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