What does “recasting financial statements” mean?
Proper interpretation and presentation of financial information is a crucial step in the selling process. Financial statements are typically prepared for tax purposes, not for business sale purposes, and do not accurately reflect the true profitability of a business. Westmount M&A works closely with you to “recast” your Company’s financial statements so that potential buyers accurately interpret the true economic value of your business. Failure to properly present a true cash flow potential can significantly reduce the price that a qualified buyer may offer for your Company. Learn more about Recasting Financial Statements.
