forma

What Is A Pro Forma?

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What Is A Pro Forma? The purpose of pro forma financial statements is to facilitate comparisons of historic data and projections of future performance. What is a pro forma financial statement? In financial accounting, pro forma refers to a report of the company’s earnings that excludes unusual or nonrecurring transactions. … These models forecast the

What Does A Pro Forma Consist Of?

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What Does A Pro Forma Consist Of? Pro forma financial statements incorporate hypothetical amounts, forecasts, or estimates, built into the data to give a “picture” of a company’s profits if certain nonrecurring items were excluded. These are often intended to be preliminary or illustrative financials that do not follow standard accounting practices. What is a