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 ...
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 ...
Accounting. The pro forma accounting is a statement of the company's financial activities while excluding "unusual and nonrecurring transactions" when ...
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
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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.
A pro forma financial statement is one based on certain assumptions and projections. For example, a corporation might want to see the effects of three different ...
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.
Pro forma financial statements answer the question "What will happen if...." Most pro forma statements are legitimate accounting tools; a few are not.
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