Forward-looking financial statements are associated with many significant financial transactions. Credible financial projections are particularly important when a business encounters financial difficulty, and frequently become a necessary condition of forbearance by a creditor, or of new or additional financing by an investor. Since the finance and accounting areas of middle market companies are usually overworked and understaffed at the time of maximum need for financial analysis, an outside consultant often assists with the projections and can add significant value to the process. Creditors often insist that the company retain an independent consultant to prepare projections.
Porter, White & Company excels at the preparation of forward-looking financial statements, having prepared over the years hundreds of such statements across a broad range of businesses. In a number of cases, our work has made the difference between financial success and failure and we pride ourselves on doing financial analysis in difficult circumstances, including for companies in financial straits.
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