The Controllership Series - The Controller's Role in Pro Forma Financial Statements
Total Credits: 1 including 1 Accounting - Technical
- Average Rating:
- 12
- Categories:
- ACPEN Industry Institute | Accounting and Auditing | Personal Development
- Faculty:
- Lynn Fountain
- Course Levels:
- Basic
- Duration:
- 1 Hour
- License:
- Expires 30 day(s) after program date.
Description
Pro forma statements are used by businesses to make decisions on planning and control, as well as for external reporting to owners, investors, and creditors. For example, giving financial estimates for a given period in a standardized manner is known as “presenting pro forma,” a Latin phrase that means “as a matter of form.”
Pro forma statements can be helpful tools for business owners, investors, creditors, or decision-makers to analyze various scenarios of future events based on certain financial assumptions. It might aid in making predictions performance of the company.
A pro forma income statement displays a firm’s anticipated sales and revenue. It also highlights anticipated fixed or variable operational expenses and, in the end, displays the potential profits and retained earnings for a future financial quarter. There are various types of pro-forma statements and methods to develop them.
The responsibilities/competencies of the Financial Controller position (FC) has changed in recent years. However, the creation of pro forma financial statements is still a core part of their responsibility.
Basic Course Information
Learning Objectives- Explore and evaluate pro forma financial forecasting
- Explore and examine the types of pro forma statements
- Identify steps to create a pro forma statement
- Recognize the example - pro forma sales forecast
Major Subjects
- Accounting
- Finance
Course Materials
| Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) | Available after Purchase | ||
| The Controller's Role in Pro Forma Financial Statements Handout (2.4 MB) | Available after Purchase | ||
| The Controller's Role in Pro Forma Financial Statements Terms (16.3 KB) | Available after Purchase | ||
Faculty
Lynn Fountain Related Seminars and Products
Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.
Dates
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Fri, May 02, 2025 - 10:00am to 11:03am EDT
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Mon, May 12, 2025 - 12:00pm to 01:03pm EDT
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Tue, Jun 10, 2025 - 02:00pm to 03:03pm EDT
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Fri, Jun 27, 2025 - 04:00pm to 05:03pm EDT
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Thu, Jul 10, 2025 - 03:00pm to 04:03pm EDT
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Fri, Jul 18, 2025 - 05:00pm to 06:03pm EDT
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Fri, Aug 08, 2025 - 09:00am to 10:03am EDT
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Fri, Aug 22, 2025 - 11:00am to 12:03pm EDT
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Thu, Sep 04, 2025 - 01:00pm to 02:03pm EDT
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Mon, Sep 22, 2025 - 03:00pm to 04:03pm EDT
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Fri, Oct 03, 2025 - 05:00pm to 06:03pm EDT
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Sat, Oct 18, 2025 - 09:00am to 10:03am EDT
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Wed, Nov 12, 2025 - 11:00am to 12:03pm EST
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Tue, Nov 25, 2025 - 01:00pm to 02:03pm EST
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Tue, Dec 02, 2025 - 03:00pm to 04:03pm EST
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Fri, Dec 12, 2025 - 05:00pm to 06:03pm EST
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Sat, Dec 20, 2025 - 09:00am to 10:03am EST
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Wed, Jan 07, 2026 - 11:00am to 12:03pm EST
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Wed, Jan 21, 2026 - 01:00pm to 02:03pm EST
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Fri, Feb 06, 2026 - 03:00pm to 04:03pm EST
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Mon, Feb 23, 2026 - 05:00pm to 06:03pm EST
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Sat, Mar 14, 2026 - 09:00am to 10:03am EDT
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Tue, Mar 31, 2026 - 06:00pm to 07:03pm EDT
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Fri, Apr 03, 2026 - 01:00pm to 02:03pm EDT
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Thu, Apr 23, 2026 - 03:00pm to 04:03pm EDT
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Mon, May 11, 2026 - 05:00pm to 06:03pm EDT
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Tue, May 26, 2026 - 09:00am to 10:03am EDT
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Fri, Jun 05, 2026 - 11:00am to 12:03pm EDT
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Wed, Jun 10, 2026 - 01:00pm to 02:03pm EDT
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Tue, Jun 23, 2026 - 03:00pm to 04:03pm EDT
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Additional Info
Basic Course Information
Prerequisites NoneAdvanced Preparation None
Designed For Controllers, Accountants, Finance Professionals, Auditors
Original Recording Date 01/01/2024
Course Developer Lynn Fountain
Date Added to Catalog 02/14/2024
Yellow Book No
Additional Information
Complaint Resolution PolicyPlease contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement
Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method
Group Internet Based
Course Registration Requirements
Online Registration
Refund/Cancellation Policy
Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
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