ProForma
Pro forma, from the Latin phrase pro forma, meaning for the sake of form, is a term used in business and accounting to describe documents or figures prepared to present a proposed or hypothetical scenario rather than actual results. It is commonly applied to financial statements, invoices, and other documents that illustrate a given assumption or transaction.
Pro forma financial statements are the most widespread usage. These include income statements, balance sheets, and
Pro forma earnings or pro forma income are non-GAAP measures that present earnings after specified adjustments.
A pro forma invoice is a preliminary bill of sale used in international trade. It provides details
In mergers and acquisitions, pro forma financials show the combined entity’s results as if the acquisition