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Pro Forma Financial Statement
(redirected from Pro-Forma Financial Statement)

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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.
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Pro-forma financial statements are only helpful if they're looked at, which means that you should compare your actual results to the budget on a monthly basis.
No crystal ball necessary: manage your business by looking ahead by Shannon, Jay / Mushroom News
Chippewa and BRI have engaged the Washington-based accounting firm of Chadhourne and Miller to review and prepare pro-forma financial statements for filing with the Securities and Exchange Commission.
BRI HOLDING CORPORATION, CHIPPEWA APPOINT FOUR NEW DIRECTORS, ... by PR Newswire
In addition to the consolidated results, McDermott will include in its earnings release pro-forma financial statements reflecting discontinued operations to exclude B&W's results and transaction-related expenses.
McDermott Announces Dates for Second Quarter 2010 Financial Results ... by Business Wire
 
 
 
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