Forecast report

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The forecast report is an expanded part of the management report , which corporations ( AGs / GmbHs ) have to submit in addition to the annual financial statements with balance sheet , income statement (P&L) and notes . Future-related data have a high relevance for the expectations of the addressee. By comparing the planned values ​​with the actual values, investors can see to what extent the company management has achieved its goals and to what extent opportunities and risks are being realized in the market. At the same time, such a comparison in the forecast report provides the company management with various information.

The forecast report itself, like the supplementary report, is optional, but grants the creditor a view of a complete rounding of the key figures shown in the balance sheet and income statement. Therefore, the forecast report ultimately serves the purpose of transparency and trust in the continuity of the company.

In the forecast report, the expectations of the company's likely economic development are recorded. Within a minimum time window of two years, development trends, market embedding and significant influences such as internal investment intentions or the establishment of external competition are to be merged into an overall forecast of corporate development (DRS 15.85 - German accounting standards). In this respect, forecasts can be made about the outlook for the industry and the earnings / asset and financial position. Their results will in turn become part of the mandatory management report once the future financial years have passed.

literature

  • Anke Müssig: Balance sheet risk provisions and off-balance sheet risk reporting. 2006.

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