pro forma financial statement

(redirected from Pro-Forma Financial Statements)

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 ?
This team will lead the compilation of private company financial reporting basics, the preparation of pro-forma financial statements and the private company financial reporting training in your firm.
These forward-looking documents are known as pro-forma financial statements.
Providing the same enterprise-wide software solution as Alcar for Windows, the Bank Edition allows users to model historical financial statements, generate pro-forma financial statements, and calculate a discounted cash flow valuation.
This gain differs from the approximately $880,000 estimated gain reported in the pro-forma financial statements issued in connection with filings of Schedule 13E-4 and Form 8-K with the Securities and Exchange Commission.
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.
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.
In order to comply with the requirements of the SEC, the historical audited financial statements of KICO on a GAAP basis, as well as pro-forma financial statements, will need to be filed with the SEC on or before September 14, 2009," said Victor Brodsky, the Chief Financial Officer of KINS.
Furthermore, the pro-forma financial statements -- which were established as if the transaction had been completed on Jan.
The company also announced that it has filed an amended Form 8-K with the Securities and Exchange Commission including financial statements of Harvest Oil & Gas, LLC and The Harvest Group, LLC for the quarters ended March 31, 2008 and 2007 and for the years ended December 31, 2007 and 2006 and pro-forma financial statements reflecting the acquisition by Saratoga of the Harvest companies.
Contents: 1 The Power of Entrepreneurship 2 The Entrepreneurial Process 3 Opportunity Recognition, Shaping, and Reshaping 4 Understanding Your Business Model and Developing Your Strategy 5 Entrepreneurial Marketing 6 Building the Founding Team 7 The Business Planning Process 8 Building Your Pro-Forma Financial Statements 9 Financing Entrepreneurial Ventures Worldwide 10 Raising Money for Starting and Growing Businesses 11 Debt and Other Forms of Financing 12 Legal and Tax Issues 13 Intellectual Property 14 Entrepreneurial Growth
Dunn, president and CEO of Serefex, said the 8-K and pro-forma financial statements "detail the very significant value added through combining operations with W.