Prospective Financial Statements are presentations of an entity's financial position, results of operations and changes in financial position for the future. In recent years, the AICPA, IMA, and SEC have been heading toward requiring companies to provide more prospective financial information. The recent AICPA report, "Reporting for the Future", called for more prospective "prospective" financial information. With this abundance of new financial information, many professionals who are called upon to analyse this material do not know how to fully comprehend the information available. Written in a non-technical style, this volume shows them how to use this financial information effectively in making sound investing/business decisions for their clients, corporations, or themselves.