Pro Forma
Pro Forma is a method by which financial results are calculated based on certain projections or presumptions, often used in valuations and financial modeling.
Benefits
Pro forma financial statements project future financial performance based on hypothetical scenarios or assumptions.
Frequently Asked Questions
What is pro forma financial statement method?
Pro forma financial statements are projections based on assumptions or hypothetical scenarios, often used in financial planning and valuations.
What do you mean by pro forma?
Pro forma refers to financial statements that are based on projections or hypothetical scenarios, often used in planning and valuations.
What are pro forma financial statements used for ____?
Pro forma financial statements are used for forecasting future financial performance, planning, and evaluating potential scenarios.
Key Takeaway
Pro Forma financial statements project future performance based on assumptions.