pro forma financial statement

(redirected from Pro Forma Balance Sheet)

Pro Forma Financial Statement

A financial statement that a company prepares to consider the effects of a potential activity. For example, if a company is considering acquiring another, it may prepare a pro forma financial statement to estimate what effect the acquisition would have on its own financial circumstances. A pro forma financial statement can be part of the risk analysis of a situation. See also: Due diligence.

pro forma financial statement

A financial statement constructed from projected amounts. A firm might construct a pro forma income statement based on projected revenues and costs for the following year. Likewise, a firm may wish to develop a set of pro forma statements to determine the effect of a projected stock buyback.
References in periodicals archive ?
2 including the pro forma current assets and liabilities of Scribe as of March 31, 2015, as reflected on General Employment's combined unaudited pro forma balance sheet for March 31, 2015, included in Form 10Q filed with the SEC for the second quarter and after adjustment to eliminate the Company's derivative liability and current portion of the note balance due related to the Brio convertible note payable (Brio note was converted to equity by the holder as of 5/5/15).
This case was inspired by the desire to have an easy to follow format for a managerial budgeting problem that started with the sales budget and ended with a pro forma balance sheet.
This month we'll begin to put together the data we will use for the calculations needed to produce a Pro Forma Balance Sheet.
The pro forma balance sheet below has been produced for illustrative purposes only, and, because of its nature, may not give a true picture of the financial position of the group.
prepares complete key business ratios, pro forma balance sheet, annual budgets, job-costing multipliers and Z-score analyses;
1 presents the pro forma balance sheet for all priced services in 1987 and 1988, and table A.
BackWeb also released (below) an unaudited, preliminary pro forma balance sheet which reflects the company's position as of August 31, 2012 and the impact of the IBM and HP litigation results.
The Company filed a pro forma balance sheet with the Securities and Exchange Commission on Form 8-K.
After doing some research, Sarah decided to complete fourteen budgets in the following order: a sales budget, a schedule of expected cash collections, a production budget, a direct materials budget, a schedule of expected cash disbursements for hulls, a schedule of expected cash disbursements for seats, a schedule of expected cash disbursements for drain plugs, a direct labor budget, a manufacturing overhead budget, an ending finished goods inventory budget, a selling and administrative budget, a cash budget, a pro forma income statement, and a pro forma balance sheet.
In the February 2010 and June 2010 articles by Jason Porter and Teresa Stephenson, there are references to the Beginning Balance Sheet and the Pro Forma Balance Sheet.
BackWeb also released (below) an unaudited, preliminary pro forma balance sheet, dated December 31, 2011, which reflects the impact of the IBM litigation results and BackWeb's business operations during the year.
Along with the Cash Budget, this Excel-based Pro Forma Income Statement summarizes the results of all the information needed to interpret variance and cost-volume-profit (CVP) analyses, and the Pro Forma Balance Sheet provides the numbers that you'll use as the starting point for next year's budget.