Provisional or projected ?
This query is : Resolved
15 March 2013
Hi,
I am Really Confused with these, Please Answer in Detail with Example if possible.
A. Difference between Provisional and Projected Balance sheet and its USES ?
B. what are the Basic Ratio to analyses a balance sheet for loan ?
Hi,
I am Really Confused with these, Please Answer in Detail with Example if possible.
A. Difference between Provisional and Projected Balance sheet and its USES ?
B. what are the Basic Ratio to analyses a balance sheet for loan ?
CA Suraj Lakhotia
(Expert)
15 March 2013
Provisional Financial Statements are prepared for periods already over.
For e.g, a company may prepare provisional financial statements for period April-12 to December-12 on 31st December 2012.
Projected financial statements are prepared for future periods. Say For 2013-14. Projected FInancial staements are made on assumptions of sales growth, cost inflation etc.
For e.g, a company may prepare provisional financial statements for period April-12 to December-12 on 31st December 2012.
Projected financial statements are prepared for future periods. Say For 2013-14. Projected FInancial staements are made on assumptions of sales growth, cost inflation etc.
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CA Ayush Agarwal
(Expert)
18 March 2013
yes agreed.
ratio like
current ration, liquid ration, sales t/o, fixed assest, debt equity, interest coverage, debt coverage ration etcc
ratio like
current ration, liquid ration, sales t/o, fixed assest, debt equity, interest coverage, debt coverage ration etcc
Swati Agarwala
(Expert)
17 February 2014
Provisional Balance Sheet is prepared for the period which is over.But for eg: if a balance sheet is prepared for the period Aril'13- March'14 then it will be Provisional Balance sheet as Feb'14 and Mar'14 figures are estimates based on the past.
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