Pro forma, a Latin term, literally means “for the sake of form” or “as a matter of form.” In the world of investing, pro forma refers to a method by which ...
Accounting. The pro forma accounting is a statement of the company's financial activities while excluding "unusual and nonrecurring transactions" when stating how ...
Assumed, forecasted, or informal information presented in advance of the actual or formal information. The common objective of a pro forma document is to give a fair ...
What is a pro forma income statement? Learn how to create a pro forma income statement and how to use it to help your business.
Define pro forma: done or existing as something that is usual or required but that has little true meaning or importance — pro forma in a sentence
pro for·ma (prō fôr′mə) adj. 1. Done as a formality; perfunctory. 2. Provided in advance so as to prescribe form or describe items: a pro forma copy of a document.
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Pro forma financial statements answer the question "What will happen if...." Most pro forma statements are legitimate accounting tools; a few are not.